Procurement10 important values you get from using CostTrackerSearching for the best purchase order system is difficult. So, what separates CostTracker from other solutions in the market?... Read the article
Purchase orderPurchase Orders vs. Purchase Requisitions Have you ever found yourself stuck because the purchasing process in your project becomes a bottleneck? Maybe you’ve faced...September 10, 2024
Cost ControlCost control in projects: Best practices and pitfalls Are you tired of your projects constantly going over budget? Keeping costs under control without compromising on quality can...August 5, 2024
Procurement7 benefits engineering companies get from purchase order systems Managing purchases can be stressful. Spreadsheets and Word documents can quickly turn into a mess of numbers and notes,...July 8, 2024
Cost ControlHow to ensure an effective procurement process for projects in your company Making sure your company’s procurement process runs smoothly is like having a strong backbone for your projects. This is...June 3, 2024
Cost ControlEffective Cost Control in construction projects Budget overruns or cost overruns are unfortunately not unfamiliar concepts, especially for those working within the construction industry. Challenges...May 7, 2024
Purchase order10 Reasons for Using a Purchase Order Approval Software Using software for purchase order (PO) approval, does not only save you tons of time but comes with additional...January 8, 2024
BusinessWhat is Committed Expenditure? Every time you order something from a supplier, you make a commitment to pay something in the future, also...September 10, 2023
Purchase orderWhat is a Purchase Order (PO) A purchase order (often referred to as PO) is a legally binding document that is issued by a buyer...September 8, 2023
Purchase order5 Common Challenges of Not Using Purchase Orders in Projects 5 Ways Not Using Purchase Orders Can Hurt Your Projects Purchase orders (POs) are a common way for project-based...September 5, 2023
Cost ControlWhat is 3-Way Matching? What is a 3-Way Matching Process A 3-way matching process is an internal control procedure that compares three documents:...September 4, 2023
Cost ControlWhat are Liquidated Damages? Definition of Liquidated Damages Liquidated damages are a pre-agreed amount of money that one party to a contract agrees...September 4, 2023
Cash-FlowWhat is a Cash Flow Forecast and Why is it Critical in Your Business? For most businesses, a cash flow forecast is the single most important factor for keeping control of their business....August 31, 2023