Category: Purchase order

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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...

January 8, 2024

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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

What 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

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Purchase order

5 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

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Cost Control

What 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

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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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Cash-Flow

Using Purchase Orders to Improve Cash-Flow Forecasting in Project-based businesses

In this article we will be looking at improving cash-flow forecasting in project-based businesses. According to the US Bureau...

April 21, 2022

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Business

Why you should reconsider using Excel for project controlling.

Spreadsheets like Excel are widely used by businesses for different tasks and are for many reasons a tool that...

March 5, 2021

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Digital approval

5 reasons to use purchase orders in your business

Most companies create several purchases within a year. Often, goods and services are ordered informally, but doing so runs...

July 17, 2019

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Cost Control

8 great benefits of using a purchase order system

We often see that companies use Excel or Word to create purchase orders. We know that purchase orders are...

July 17, 2019

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