Thinking About Automating Procurement? Read This
When it comes to procurement, sourcing the right items from the right vendor while on a deadline can sometimes lead to costly errors when done
Blog
Procoto is on a mission to make sourcing and purchasing easier for all businesses. We’re documenting our work through our blog. Check out our pro tips and insights into the world of sourcing, purchasing, and data management below.
The Ultimate RFP Process Guide: 6 Steps
RFP is an acronym for Request For Proposal. It is a formal document that requests proposals from potential vendors for a specific product or service. …
Strategic Sourcing: Apply Principles To Modern Procurement
Strategic sourcing is the critical process that helps buyers identify what they really need to succeed, and then works with vendors inside and outside their …
Modern Software Changes Digital Procurement In These 6 Ways
In the past, procurement has been a time-consuming and manual process. You had to go out and find vendors that you were interested in bidding …
The Ultimate Guide To Procurement Contract Management
A procurement contract is a legal document that binds the buyer and seller to perform their contractual obligations. The act of procurement contract management can …
What is Contract Lifecycle Management?
A Quick Guide To Understanding Contract Lifecycle Management Regardless of the type of organization, contracts are an essential part of day to day operations. …
What is Data Transformation?
Over the past couple of decades, businesses have witnessed a rapid increase in the volume of data they manage. The data is generated from a …
Create a Killer Sourcing Template with These 5 Rules
Okay put your hand in the air if you’ve participated in an RFP with a nightmarish pricing template. Now put your other hand in the …
Streamline the Sourcing Process for Your Multi-Unit Business in 5 Steps
The sourcing process isn’t always as fun as people tell you. (People do say it’s fun, right?) Okay, oftentimes it’s actually pretty challenging. From building …
The (Notorious) R.F.P. Timeline & Accountability Matrix
So you put your team through the gauntlet of our last post and you’ve decided you want to go after it. You have the right …
How to Become the Barry Bonds of RFP Responses: Selectivity
Two weeks ago, I outlined my recommendations for effectively running an RFP. Now it’s time to show the RFP respondents some love (and maybe a …
10 Tips to Run Your Next RFP Like a Pro
RFPs can be a nightmare. Those three letters alone will raise your blood pressure. I know mine spiked just typing them. From pulling together a …
Why Now Is the Perfect Time to Get Smarter about Your Spend – Through the (Golden)Eyes of James Bond
Skyfall: It’s Time to Adapt So the world is changing around us as we speak. Margins are thinning and we’re all trying to figure out …
Procoto Raises $750k to Build the Future of Procurement
Procurement software is broken. It has been for years. I ran procurement teams for much of my career and I searched long and far
Procurement Strategy: Develop a Rock Solid Strategy
Procurement Strategy: Develop a Rock Solid Strategy A procurement strategy is a necessary frustration for every business, from the budding startup to the mega corporations.
The Ultimate Guide to Procurement Success in 2022
The Ultimate Guide to Procurement Success in 2022 Procurement management isn’t always known for being the most fascinating part of a business, but it
The Data Transformation Process: 4 Step Explanation
Data is everywhere, but it doesn’t mean much in its raw form. Even if the process isn’t part of your job, data transformation is essential
3 Ways Digital Procurement Will Transform Your Business Operations
2020 and the COVID-19 pandemic threw challenges at businesses they never saw coming. Organizations had to quickly pivot and change ways of working to stay
Strategic Sourcing: How It Works and What It Can Do for You
If you’re looking for ways to streamline your procurement process, strategic sourcing might be for you. Through strategic sourcing, you can improve supplier selection to
The Ultimate RFP Process Guide: 6 Steps
RFP is an acronym for Request For Proposal. It is a formal document that requests proposals from potential vendors for a specific product or service.
Strategic Sourcing: Apply Principles To Modern Procurement
Strategic sourcing is the critical process that helps buyers identify what they really need to succeed, and then works with vendors inside and outside their
Modern Software Changes Digital Procurement In These 6 Ways
In the past, procurement has been a time-consuming and manual process. You had to go out and find vendors that you were interested in bidding
The Ultimate Guide To Procurement Contract Management
A procurement contract is a legal document that binds the buyer and seller to perform their contractual obligations. The act of procurement contract management can
What is Contract Lifecycle Management?
A Quick Guide To Understanding Contract Lifecycle Management Regardless of the type of organization, contracts are an essential part of day to day operations.
