📣 Join business finance leaders at 
Illuminate, our first user conference
📣 Join business finance leaders at Illuminate, our first user conference
Traditionally, different departments within an organization are structured around their own unique functions, objectives and operations. This is often the case for the procurement and finance departments, despite the fact that the relationship between the two is so heavily intertwined. Is procurement a part of finance? While at their core, procurement and finance functions differ,…
Discovering that procurement and purchasing actually relate to two different business activities comes as a major surprise to many. Sure, procurement involves the act of purchasing something. But procurement and purchasing are two separate and unique processes, and it’s important to understand the differences between them. Let’s begin with a couple simple definitions: Procurement involves…
