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Negotiatus blog
The Latest Purchasing and Spend Management Resources for Finance and Operations Teams.
Introducing Subscription & Services
Introducing Subscription & Services. Clients can now track and manage all of their subscriptions and services, get 3-way matching of these requests, and receive contract management functionality all on the Negotiatus platform.
Wondering About The Difference Between Sourcing & Procurement? You're Asking The Wrong Question
Instead of focusing on how sourcing and procurement differ, you need to understand how they should be used in tandem to maximize each other's benefits.
Procurement vs Purchasing: Understand The Difference to Increase Your Profits
Finance and operations professionals should understand the difference between procurement and purchasing to increase their company profits.
The Vendor Selection Process Is Broken. Here's How to Fix It.
Maverick spend can account for up to 80% of a company’s total spend. Discover how much maverick spend is actually costing your business and how to stop it.
Improve Your Vendor Management Policy With NASA's Risk Mitigation Framework
NASA’s risk mitigation matrix can help your business improve its vendor management policy and make smarter decisions about who or who not to work with.
The 5 Most Important Vendor Analysis Questions Aren’t About Price (But They Do Bring Cost Savings)
Businesses can prevent third-party risk and reduce long-term spend by conducting a vendor analysis that focuses first and foremost on quality.
Choose The Right Vendor Management System With This Decision Matrix
The right vendor management system should solve your immediate purchasing pain points and support your long-term procurement strategy. Use this decision matrix to find the best one for your business.
7 Ways Automation Can Improve Your Procurement Strategy
A procurement strategy should always map back to two core objectives: reduce costs and reduce risk. Learn how automation can assist with both of these goals.
Introducing Spend Tagging for Invoice Capture
Maverick spend can account for up to 80% of a company’s total spend. Discover how much maverick spend is actually costing your business and how to stop it.
Invoice Reconciliation At Most Companies Is Broken. Here's How To Fix It.
Maverick spend can account for up to 80% of a company’s total spend. Discover how much maverick spend is actually costing your business and how to stop it.
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