Purchasing tips

Negotiatus blog

The Latest Purchasing and Spend Management Resources for Finance and Operations Teams.


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.

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.

How Retail Financial Officers Are Coming Out Of Covid-19


Retail brands are carefully navigating reopening after Covid-19, but the risks are still high and consumer sentiment has changed. Learn how your business can adapt to the new normal.

The True Cost Of Maverick Spend (& How To Reduce 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.

How Tech is Revolutionizing the Purchase-to-Pay Process


Implement a solution that provides an inherent structure while offering customizable features tailored to your business’ core needs.

6 Places Your Purchasing Process Is Leaking Cash (& How to Stop It)


Implement a solution that provides an inherent structure while offering customizable features tailored to your business’ core needs.

5 purchasing concepts every company must master


We’ve outlined 5 purchasing concepts that every business needs to master to ensure that your purchasing process is always on the right track!

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