📣 Approve.com is now part of 

Approve.com Blog

  • Purchase Requisitions: What are they and how do they differ from purchase orders?

    If you’re exploring the procurement and purchasing space, you’ve probably come across terms that appear similar, but aren’t the same. For example, procurement and purchasing (which aren’t the same thing).  Another example is PR and PO. A PR is a purchase requisition, while a PO is a purchase order. While it may seem like these…

    Read more
  • Modernizing Purchase Requests

    The how, what, and why of standardizing purchasing In the early days of a business, requisitions are a rather straightforward operation. It can be sufficiently overseen by a single finance or operations manager, especially considering the limited number of purchase requests and vendors there are to manage. This isn’t the case in larger organizations. As…

    Read more
  • The Modern Purchasing Process: Best Practices for 2021

    Why Now Is the Time to Modernize Purchasing There’s no value in beating around the bush, so here it is: If you’re a growing, fast-moving business and you haven’t yet optimized your purchasing operation—you’re behind. You better get on it, and fast! Why? Because purchasing is an operation that’s crucial to the health of your…

    Read more
  • Localize.city Gains Spend Control Using Approve.com

    About Localize.city, known in Israel as Madlan, is a unique service offering home buyers and renters insights about properties that were previously reserved for industry professionals. Founded in 2012, the service has already helped hundreds of people across multiple cities make informed decisions and find the right homes. Challenge With a global team spanning from…

    Read more
  • Taboola chooses Approve.com for Achieving Excellence in Procurement

    Overview Taboola helps people discover what’s interesting and new. The company’s platform and suite of products, powered by deep learning and the largest dataset of content consumption patterns on the open web, is used by over 20,000 companies to reach over 1.4 billion people each month. Advertisers use Taboola to reach their target audience when…

    Read more
  • Purchase Requisition: What it is and why it’s important

    The purchase requisition, or purchase request, is the launchpad of the purchasing process. As such, it’s super important to understand what it is!  Here, we’ll elaborate on the differences between a purchase requisition and a purchase order. We’ll also explain why more organizations are deploying a proper requisition management system, and why this is arguably…

    Read more
  • Designing a Modern Purchasing Process

    As organizations grow, procurement and finance responsibilities naturally become more complex. From a relatively small number of vendors and purchases to manage, procurement and finance managers find themselves overseeing purchasing and partnership activities addressing a variety of business needs for a number of departments and teams.  When purchasing operations become so complex that bottlenecks and…

    Read more
  • Implementing a Purchase Order Process on Your ERP

    Everything you need to know to implement a new purchase order process successfully With your business moving forward fast, you’ve surely realized it’s time to level up your purchasing and procurement processes. The first place you want to start—and rightfully so—is with the important process of issuing purchase orders. What is The Purchase Order Process…

    Read more
  • Deploying a Proper PO Process with NetSuite

    Why Should You Open Purchase Orders on NetSuite? Very often we encounter modern, fast-moving organizations that leverage NetSuite as an ERP system, and are now focused on implementing a proper purchase-to-pay process – starting with approving purchases, booking goods received, and onboarding new vendors. Managing Approvals on NetSuite PO Most of these organizations have tried…

    Read more
  • Implementing a Requisition Process with NetSuite

    It’s easily understood why businesses aim to deploy a purchase order (PO) process on NetSuite. Doing so offers a number of benefits, including helping them achieve visibility, increase accountability, improve budget control and compliance, gain early involvement from the procurement team in purchasing activities, and reduce the friction that arises from the reliance on multiple…

    Read more
  • The Stakeholders Of a Purchasing Process

    Implementing a purchasing process is a company-wide process, and that means that you’ll have multiple types of users from different departments that hold different opinions about how this should go. Read through to get some useful information about how to approach stakeholders in modern companies. The types of users involved At a high level, there…

    Read more
  • ERP for Procurement: 3 things to keep in mind

    Most businesses today have an ERP (enterprise resource planning) system in place. These popular platforms surfaced in the 90s with the aim of enabling businesses to optimize operations, achieve new efficiencies, and gain a competitive edge. ERPs market the ability to address a breadth of business functions. In reality, they’re truly sufficient for a limited…

    Read more
group 204

See what modern
purchasing looks like.