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Streamlining procurement processes: A case study with Airbase and Doximity.

Airbase

From controlling costs to ensuring compliance, the procurement function is crucial to an organization’s financial health. But despite procurement’s importance, many companies struggle to implement processes with the right balance between control and efficiency. Table of Contents FirstHeading The challenge of modern procurement.

NetSuite 130
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Building a better P2P solution at breakneck speed.

Airbase

It’s been just seven months since we launched our groundbreaking Guided Procurement module, which represents a new milestone for spend management. Guided Procurement closes the loop on the multi-stakeholder compliance requirements that must be met in the procurement process. Guided Procurement.

NetSuite 130
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Leading analyst IDC recognizes innovation in procurement solutions.

Airbase

If any finance process is overdue for innovation, it’s procurement. Procurement teams who need to ensure company-wide compliance for new purchases. Exciting innovations in procurement solutions are highlighted in leading analyst firm International Data Corporation (IDC)’s Spotlight paper “ The Value of Guided Procurement Applications.”

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No procurement team? No problem. Procurement checklists to get more spend under management.

Airbase

Procurement plays a pivotal role in cost management, risk mitigation, and financial performance. But until recently, many organizations struggled to define their processes and find the right tools to manage procurement. What is procurement? What is procurement? What are the steps in procurement?

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Procure-to-pay (P2P) — Everything you need to know.

Airbase

In this guide, we delve into the core of P2P, exploring its benefits for organizations, the software solutions that streamline the process, and best practices to overcome challenges. Table of contents What is procure-to-pay? The steps of the procure-to-pay process. Best practices in procure-to-pay to overcome challenges.

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What is vendor management and why is it important?

Airbase

For example, saving time on the delivery of a product or service can save costs, as can payment terms. The following practices tend to be open to companies that have freed up procurement resources by automating other aspects of vendor management. This stage involves integrating new vendors into the company’s procurement system.

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Spend under management: The procurement KPI you should be tracking at any stage.

Airbase

For many mid-market companies, it’s a little early to staff a procurement department. At Airbase, I’m the controller of a 300-person tech company without a dedicated procurement professional, so the responsibility to ensure that the procurement function is being fulfilled (policy compliance and vendor management) falls to me.