Category
Procurement
Purchasing, approvals and supplier management done well.
4 posts
Requisition or Purchase Order? Getting the Split Right
The requisition is an internal request for permission. The purchase order is an external commitment to pay. Collapsing the two is how unapproved spend happens.
Tail Spend: The 80% of Suppliers Nobody Manages
A small number of suppliers get contracts, reviews and negotiated rates. The long tail gets none of that, and it's where the compliance risk quietly lives.
The Three-Way Match, Explained Without Jargon
Purchase order, goods receipt, invoice. If all three agree you pay; if they don't, something specific is wrong — and which pair disagrees tells you what.
A Supplier Onboarding Checklist That Prevents Fraud
Most payment fraud doesn't break into a system. It asks politely, by email, for bank details to be changed — and the control that stops it is boring and cheap.
