During an organization’s ordering process there are typically numerous intricate steps, and various factors to consider before an actual order can be placed. Purchase orders (POs) often involve complex approval workflows, multiple budgets, hundreds if not thousands of suppliers and contracts, endless data, and millions of dollars. Organizations often struggle with how to manage this...Read More
In a 2018 study conducted by PayStream Advisors, now formally known as Levvel Research, over 400 organizations were surveyed to determine the latest trends surrounding procurement management. During this survey, organizations without cloud-based eProcurement software were asked about their top pain points. One-third of firms revealed that their primary problems were inadequate technology and procedural...Read More
As a supplier of MRO or indirect materials, your customers likely fall into one of three categories: those already engaged in e-procurement, those who haven’t yet adopted but want to/intend to, or those who haven’t yet adopted and believe their transaction volume is too small to bother or they assume the investment is beyond their...Read More
If you are a corporate procurement leader or a supplier of MRO and indirect materials, there is a good chance you have muttered the words “what were they thinking?” under your breath at least once in the past quarter. Striving to understand what drives B2B buyers to make the choices they do is critical for...Read More
The rising cost of a college education isn’t just a concern for parents and students, it’s an issue that preoccupies college administrators too. To control rising tuition, college administrators focus on managing operating costs to mitigate significant tuition increases while still being able to offer students the educational and social experiences they expect from college...Read More
Imagine walking into a car dealership and the first question the salesperson asks you is, “How much do you want to overpay?” It’s a ridiculous question, right? No one wants to pay more for a product than they absolutely have to. Yet, this is exactly what too many corporate buyers unwittingly do, every day. While...Read More
