There are 10 stages in a common procurement process. About all stages you can read in article. In this topic we want to tell about how you can manage your supplier.

The payment process is closely related to procurement. Timely payment guarantees good relations with suppliers, which improves the terms of cooperation. Overdue payments negatively affect both the relations with suppliers and on further deliveries.

Sooner or later any company, and even any person, comes across the fact that at the end of the month they find out they have spent more than it was really planned.

Almost always the first attempts to organize the process of the budget control will be unsuccessful, since it is unclear where to start, actually.

The cost center is a department or a subdivision which does not purposed to bring profit to the company, but it has its own expenses. They are taken into account when calculating marginality.

If you have already tried using Precoro trial version and now want to set up a personal page for your company, this article will help you to do it correctly.

The company does not always have the necessary quantity of raw materials, materials, or services. In this regard, procurement planning plays an important role. In order to carry out the acquisition, the process is important to begin with the formation of the purchase request.

A purchase order is a document that is sent to the supplier. It is a key step in the procurement process of the company and includes a description of the goods and services that need to be purchased.