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 ...

In today’s complex healthcare landscape, Chief Financial Officers (CFOs) face constant pressure to optimize resources and maximize value. While clinical excellence is still paramount, a strategic ...

Utilizing the best technologies is essential for a well-run procurement department to support and further the success of an enterprise in the competitive global economy. When purchasing happens ...

What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...

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 ...