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Frequently asked questions

What is Source-to-pay?

S2P or Source-to-pay is used to express the entire process involved in procurement. Starting from identifying

How to manage procurement risks?

A full-featured e-procurement system like Kissflow Procurement cloud could be the best option to minimize poss

What is category management in purchasing?

Category Management is a procurement strategy in which items of similar spend are segmented together as a grou

What is Spend Analysis

Spend analysis is the process of collecting info about procurement spend and analyzing it through analytical t

What is e-procurement?

e-Procurement is the process of buying and selling goods and services over the Internet. As opposed to traditi

What is a procurement card?

A procurement card is a type of company charge card that lets you procure goods and services you need without

What makes good procurement software?

Good procurement software should make your life easier, but first things first, it should be easier to adopt.

How to measure ROI in Procurement?

Unlike traditional ROI, which is evaluated purely on sales, procurement ROI is assessed by comparing department expenses to the overall savings it delivers for the entire business,

How procurement automation can help Procurement?

With the help of procurement automation, you can eliminate tiresome, mundane, and repetitive tasks that are prone to human error.

How can procurement enhance business profitability?

Reliable and efficient procurement processes tend to create more significant revenue and profits for businesses. Here’s how using a procurement software can benefit your business:

how to reduce costs with procurement spend analysis?

Spend analysis allows firms to acquire a better knowledge of the prices of products and services

how should you measure procurement performance?

You could measure your procurement performance through different metrics and we have listed

What is procure to pay in accounts payable?

The procure-to-pay process - also known as the P2P cycle - involves the entire workflow within procurement that begins at need identification and ends at payment disbursement.

What are the challenges in the procure-to-pay process?

The challenges in the procure-to-pay processes are rooted in a lack of data and transparency, redundant manual tasks, and inefficient communications.

What is the difference between procurement and contract management?

Procurement is the entire process used to fulfill those organizational needs that require external vendors. It includes sourcing, risk management, supplier management, the procure-to-pay cycle, Purchase Order and Invoice management, and vendor performance tracking and relationship maintenance.

What is indirect procurement?

What are the examples of direct and indirect procurement?

What are the benefits of eProcurement?

What is a procurement plan?

How to solve procurement challenges?

How to automate the procurement process ?

How to improve the procurement process?

What are supply chain and procurement?

how to improve the procure to pay cycle

How to make procurement more efficient?

What is a blanket purchase order?

A blanket purchase order is a purchase order that outlines a long-term agreement between an organisation and a

What is a po and a non-po invoice?

PO invoice is when a purchase order has an invoice attached to it. A non-PO invoice is when a purchase order d

What is purchase order in accounting?

How to keep track of purchase orders?

How to automate Purchase Orders?

purchase order vs invoice vs receipt

What is a purchase request?

A purchase request is a request document sent internally from a department to the procurement team for purchas

What is a purchase requisition?

A purchase requisition is an internal document created by an employee within the organization while raising a

Why Vendor Management Software is Important for Businesses?

With Vendor Management Software, you can: Easily track suppliers, detect unplanned expenses and regulatory

What is the process of vendor management?

Vendor management is made up of strategic activities that organizations use to collaborate and coordinate with vendors

what is supplier management in procurement

How to improve supplier relationships?

How can an organization manage its suppliers effectively?

How to improve vendor management ?

How to measure supplier performance KPI?

What is the accounts payable process?

The accounts payable process includes the following steps – Receiving the bill, verifying and matching invoi

What is accounts payable?

Accounts payable is money owed by an entity to its vendors/suppliers for the goods and services received. It i