Disruption of the Supply Chain

How Procurement Leaders Can Weather the Costs and Process of Supply Chain Disruption

Are you a procurement leader? Struggling to mitigate the high costs and complexity of processes caused by supply chain disruptions? If the answer is YES, please read on…! Such risks as extreme weather, economic uncertainties, global pandemic, etc., have proven to be absolute threats to procurement and your supply chain. But the good news is,…

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QAD procurement

Boost Productivity in QAD Procurement with Data-Driven Approval Routing and Workflow

How do you boost productivity in QAD Procurement with Data-Driven Approval Routing and Workflow? Automation software has changed how we do business. Integration of this technology in the business environment is resulting in more efficient processes. In return, businesses are achieving higher levels of productivity and profitability. One such innovation is Data-Driven Approval Routing and…

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negotiated price

4 Tips to Ensure Your Teams Using the Right Negotiated Price When They Order Supplies

Your business needs supplies, and when it comes to getting the said supplies, you must acquire the right quality, at the right time, and, most essentially, at the right price. However, when working on multiple projects or with multiple suppliers, ensuring you get your supplies at the right negotiated price can be challenging. The Difficulty…

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Supplier Channel

QAD User Supply Channel: 5 Ways on How Communication and Collaboration Can Improve Supplier Relationships

The Supply Channel is an organizations ‘life-blood’, and therefore the nature of Supplier Relationship is a huge determinant of the business’ chances to succeed. The output of the organization is, largely, dependent on the input, which is availed by the supplier. A business establishment ought to, therefore, put a great deal of effort in maintaining…

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QAD Mid West Users Group

MWUG September 22-24th, 2019 | Data-Driven Approval Routing and Workflow for QAD Users

It’s that time of year again….! Data-Driven Approval Routing and Workflow for QAD Users Mark your calendars for MWUG’s Spring 2019 Conference, scheduled for September 22-24, 2019, at the beautiful new Renaissance Westerville in Columbus, OH. Case Study session: Presented by Sean Brown, IT Manger at Somero Enterprises, on Tuesday, September 24th, 8:30 AM. Download…

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Procurement Budget

5 Reasons You Need a Procurement Budget and Tips for Making One

Procurement Budget: Budgeting, while many times painful, is among the most important aspects of an organization(1). In the past, the procurement department was not included in the budget-making process. It was not represented in organization-wide budget meetings. The role of procurement in budgeting was relegated to direct acquisition. However, currently, things are changing, and procurement…

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Red Flags of Procurement Fraud

QAD Midwest Users Group (MWUG) Featured Article: Beating Fraudsters at Their Game

Beating Fraudsters at Their Game: Insights on How Procurement Solutions Help to Curb Fraud (Published May 30th, 2019: MWUG Spring Newsletter) Fraud cases are on the rise. Today, many businesses fall prey to fraudsters, thanks to technological loopholes. Fraud has adverse effects on an enterprise regardless of the size. Among the main outcomes of fraud…

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Vendor Relationships

7 Tips for Establishing Great Supplier Relationships

Many businesses strive to maintain good relationships with customers, however unfortunately forget their supplier relationships. They neglect suppliers and do not bother to establish good relations with them. Suppliers are a fundamental part of your enterprise that you should not overlook. Developing a great supplier relationship is a crucial part of business survival and success.…

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Approval Routing

How Dynamic Approval Routing Significantly Improves Procurement Processes

Upgrading procurement departments with innovative cloud solutions is a growing trend among modern enterprises; streamlining the approval process for procurement-related documents is a big reason why. In an effort to explain, let’s examine how dynamic approval routing significantly improves procurement processes.   P2P Software Market Growth Gartner shares some interesting details: The procure-to-pay suite market…

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