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Blog articles with insights, strategies, & best practices for procurement excellence with Zycus expertise.
Why the Accounts Payable Turnover Ratio Matters for Your Business
Research suggests that a whopping 55% of new businesses close within 5 years of starting and only 33% are able to survive beyond 10 years or more. One of the top most reasons for businesses to fail is lack of capital and adequate funds or liquidity to run day-to-day business operations. Poor management and marketing
Setting Up Internal Controls in Accounts Payable Processes
In today’s technologically evolved and digitally connected world geographical borders …
Change management in an AI-led procurement world
Change is the only constant, as they say. Hence change …
Procurement Advice – 5 practical steps to combat COVID-19!
Getting practical procurement advice is difficult in the current scenario. …
You Probably Didn’t Know these 6 Procurement Myths
You are here to learn about six procurement myths that …
Setting Up Internal Controls in Accounts Payable Processes
In today’s technologically evolved and digitally connected world geographical borders …
How AI Can Solve the Biggest Challenges in Procurement
Need for Artificial intelligence in Procurement As Procurement leaders plan their …
Future Ready – Procurement Leader’s Quick Guide For Digital Signatures
The COVID-19 pandemic has made the digital ecosystem play a …
Chatbot Solutions for Procurement
The quote from Gartner emphasizes the importance of considering conversational …
Demystifying Source-to-Pay: A Manual for the Modern Procurement Era
The ever-changing procurement landscape demands businesses to find smarter and …
Direct Procurement vs. Indirect Procurement : Key Differences Explained
Procurement can be divided into two main categories – Direct …
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