Category: Procurement

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Business

What 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

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Purchase order

10 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...

September 8, 2023

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Purchase order

10 important values you get from using CostTracker

Searching for the best purchase order system is difficult. So, what separates CostTracker from other solutions in the market?...

October 21, 2022

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Purchase order

What are long lead items in construction

Long lead items (LLI) are items that have a delivery time of several months from order to delivery. For...

October 14, 2022

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Business

CostTracker partners with Lucidtech AI to bring intelligent OCR to our clients

Lucidtech AI is a technology company that builds intelligent automation solutions based on machine learning. Lucidtech AI specializes in intelligent...

July 3, 2020

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Business

5 Strategies to Improve Your Procurement Software

Technological advancements have changed how business is conducted today. According to Supply Chain Quarterly, 50% of organizations have turned...

May 5, 2020

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