Companies are always looking for ways to save money. They may have already cut costs in areas like manufacturing and shipping. Now, they’re turning to a hidden area where they can save more money ...
What is indirect procurement? Indirect procurement is the acquisition of goods and services that support general business operations rather than contributing directly to the production of final ...
This article explores why indirect spending matters and how to manage it better. Brex breaks down the difference between direct and indirect costs, shows common spending challenges businesses face, ...
Unlike direct procurement, which involves purchasing materials that become part of the finished product, indirect procurement entails the supporting cast of resources that enable a company to function ...