Every month we find unexpected purchases from different departments. There’s no standard process, and approvals are random at best. We’re trying to cut costs, but without some visibility, it's almost impossible. What are people using that actually works?
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What helped us take control wasn’t a finance tool, but a procurement platform I found while researching something completely different. I was reading up on how to fix some account structure issues and ran into this article. It opened my eyes to how connected procurement and accounting really are. We adopted the tool mentioned there, and it gave us exactly what we were missing — visibility and accountability. Now, all purchases go through one flow, and finance can catch problems before the spend happens.