Suppliers make up an important part of any organization’s procurement strategies and methodologies and every procurement professional wishes for the best relationships with them. They are, after all, important stakeholders in the business, and organizations have to do what they can to ensure that their relationships with customers are always

Efficient travel and expense management is a must for every organization. After all, every organization has a fair number of employees who travel on business purposes and managing their expenses is the responsibility of the organization. This process throws up a lot of challenges for T&E professionals, and if remedies

Businesses are becoming more and more active and dynamic today. Gone are the days of long development and sales cycles, complex business processes, and communication gaps. At least, even if they haven’t completely gone away, no one today is content with them. Today, everyone wants things to happen quickly and

Travel and expense management in any organization has its own set of challenges. Some of these arise due to the nature of the process, some man-made, some trivial, and some serious. Whatever the cause, these challenges can have an adverse effect on the organization’s bottom line. In this post, we’ll

Any employee who travels on official business has to report all his expenses to claim them later. These expense reports list down all the expenses incurred by the employee in the course of his travel and each expense has to be backed by its receipt as proof. Receipt audit is

Continuing from last week, here are some more best practices in procurement that you can implement at your workplace. A governing policy: Every organization has its own rules and regulations governing procurement. Some organizations frown at purchasing from anyone who has an adverse impact on the environment while some organizations