Procurement Foundry

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Discover the latest articles in the procurement world.

Tax Oversights in the P2P Process

Let’s talk about the procure-to-pay process. Specifically, we’re going to focus this article on P2P taxes and the common headaches that can accompany them, as well as discuss other pain points and big risks organizations should take care to avoid...

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The Basics of Software Licenses for Procurement  

I have been noticing lately that there have been several discussions inside the Procurement Foundry that were focused on navigating software renewals...

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Procurement Trends in 2021 – Diversity and Inclusion

As we enter a new year, it is customary to reflect on the previous 365-day stretch and survey what we have experienced and learned. Hopefully, we can...

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Procurement and Supply Chain Return to Work 2022  

We’ve been covering how procurement and supply chain return to work in 2022—and all the ups and downs that go with it. As COVID continues to be a...

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The Competitive Advantage Impact of Effective AP Automation

Most people would agree about the importance of a stellar accounts payable (AP) process. However, AP still lags behind many areas when...

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What Should I Negotiate My Net Payment Terms to Be?

We are continually excited about the insightful discussions happening within our Procurement Foundry online community. A recent conversation inside...

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What is Maverick Spend?

A recent discussion in the Foundry regarding maverick spend produced some interesting responses. We wanted to follow up on this discussion by...

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The 4 Ps of the Supply Chain Crisis

It’s no secret that the procurement industry has found itself in a bind of late—thanks (or no thanks) to supply chain disruptions and a...

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Top 5 Procurement Trends in 2022

The past couple of years have not been steady for anyone (to say the least), including the folks in the procurement industry. From dealing with a...

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Transparency in Procurement Should be a Two-Way Street

We go to great lengths to uncover every possible risk and advantage that could impact the final decision of a sourcing event, expecting full...

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