Approve.com Blog

  • Choosing the Best Spend Management Tool for Your Business

    Businesses of all sizes are waking up to the reality that spend management is something absolutely vital to an organization. We’re not talking about bookkeeping; we’re referring to the modern, automated processes businesses implement to expedite, streamline, and control their spending. As businesses scale, accurately keeping track of all financial operations becomes more difficult, as…

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  • Choosing a Top Procurement Software Solution

    Nearly every business relies on third-party products and services to run efficiently. There’s no escaping that. From issuing purchase orders to generating invoices, transactions between companies often involve multiple steps and take considerable effort to finalize. Procurement is a point of weakness for many organizations. Being able to acquire the goods and services you need…

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  • How To Optimize Your Purchase Order Approval Process

    There’s a lot to think about when you’re running a business. From paying salaries to analyzing cash flow to hiring new employees, you may find that your procurement workflow is becoming more cluttered by the day.  For many businesses, optimizing core finance processes is one of the easiest ways to improve overall business efficiency and…

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  • How to Better Manage Your Business Cash Flow

    Business cash flow—it’s that one phrase that anyone working in finance knows all too well. It’s also a direct snapshot of a company’s financial health.  Cash defines the ability of your business to pay its employees and suppliers and handle operational costs. It’s essentially the life blood of the company, and managing it properly is…

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  • Top 7 FP&A Software Solutions for 2023

    Financial managers always have a lot on their plates. But especially after such an unpredictable and unsteady couple of years for so many, the start of 2023 allows us to look ahead with a bit more foresight, and perhaps the ability to put a stronger yearly plan into action. Finance departments in particular can recognize…

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  • Top 10 Financial Management and CFO Tools

    Financial management is often the primary factor separating a successful company from a struggling one. No matter the size of your organization, or what industry it’s in, excellent financial management is the key to running your business processes like a well-oiled machine. Thankfully, there are many cloud based platforms and tools available that any business…

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  • Business Spend Management: What It Is and How To Do It Right

    As Marc Andresson famously said, “software is eating the world.” This is one of the most powerful and accurate business statements of the last decade. Indeed, today it’s easy to see how nearly every part of the modern enterprise is powered by software. In the past, business software centered around a few core solutions: the…

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  • What is a Purchase Order and How to Create One

    Let’s talk about purchase order creation.  Buying goods and services for yourself is pretty simple, both for you as the buyer and for the vendor. You know what you need, when you need it by, what the allocated budget is, etc. You can source the product or service from the right vendor and simply buy…

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  • 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…

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  • 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…

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  • 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…

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  • 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…

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