The Procee Blog
Product updates, new releases and insights from the Procee team.
General
10 Essential Steps in the Procurement Process
The procurement process can differ from one organization to another, but it generally encompasses ten crucial steps.
7 common problems in the procurement process
Procurement is critical to any business, but it faces seven common problems that can drain efficiency and increase costs.
Advantages of a Budget Management System
When managing a large number of projects at the same time, the inability to manage the budget can jeopardize on-time delivery and, of course, organizational profitability.
Advantages of working with a budget management system
Many organizations need to manage numerous expenses during the budget period of the organization or project; therefore, closely tracking the budget alongside actual expenses enables the finance manager to meet targets.
BPM Process Management Workflow Automation
Dynamic handling and approval routes by segments/departments for all entities in the system.
Bridging the Gap: How Procurement and Finance Can Collaborate for Success
In many organizations, the procurement and finance departments have traditionally operated in silos with contrasting objectives.
Budget and Procurement Management System
Looking for budget management systems? The procurement module in the budget and procurement management system – clouderp provides full support for the entire procurement process, from the purchase request to the supplier payment stage.
Budget and Procurement System
The Budget and Procurement module in the CloudERP system enables transparency and control over the organization's expenses.
Budget Management
One of the main reasons for moving financial applications to the cloud is the advantage of not requiring a large upfront investment in software and equipment.
Connecting a Purchasing System to an Existing ERP
Why are purchase orders needed at all? Many organizations need a process that regulates their procurement workflow from the purchase request stage through payment to the supplier.
Exporting Data to External Systems
In Procee, it is possible to export data to external systems such as BI tools or automation platforms using Saved Searches with Public Links.
Financial Management and Control System
A financial management and control system is business software that helps computerize the financial functions in an organization.
How to deploy a new procurement management software in your organization smoothly
Deploying a new procurement system can be complex, but with careful planning and a phased approach, it can be done smoothly.
How to Move Your Business into the 21st Century
Very often, when I walk into a meeting with one finance manager or another, I encounter the familiar apology: "Sorry about the mess, it's a busy time right now," says that manager to me, while trying to make
The importance of permissions and approval workflows in a supplier ordering system
We might think that in large organizations with computerized systems and extensive bureaucracy, it would not be possible to carry out malicious actions because everything is monitored and documented, but it seems that דווקא because the process is long
Key Performance Indicators in Procurement: A Guide to Measuring Success
Optimizing the procurement process is crucial for any organization aiming for operational excellence.
Managing Distributed Organizational Processes
The coronavirus crisis changed the way organizations operate – a shift to remote work, digital platforms, and other changes that will likely continue to affect how organizations are run.
Navigating Organizational Systems: The Case for Specialized Procurement Solutions
Walking into a meeting with a financial manager, I often hear the familiar apology about messy paperwork in the 21st century.
OCR invoice processing - The game changer you waited for
As a CFO, you know that managing invoices can be a time-consuming and costly process, but OCR offers a solution.
Open Banking
The promise of open banking (Open Banking) arrived late to Israel, but now that it is here, it is changing the way financial systems operate.
Procurement and Budget Management Software for Organizations – Advantages and Disadvantages
First of all, it is important to emphasize – not every organization needs a procurement and budget management system. Sometimes, too many procedures and too much bureaucracy can burden employees.
The Procurement Management Process in Organizations and Companies
Many organizations manage procurement processes that enable optimal utilization of the organization's resources and a high level of service, reflected in supplying the output to the right place and at the required time.
Procurement, Purchasing and Supply Chain: What's the Difference?
Procurement, purchasing, sourcing, and supply chain are often used interchangeably, but there are essential differences between them.
Procurement Stages
The nine main stages of procurement can be grouped into three phases — research, purchase, and payment — that together form a continuous procurement life cycle.
Procurement system Implementation
When implementing a new procurement system, organizations face the dilemma of full process change versus gradual organic adoption.
The stages in organizational procurement
This list details the possible stages in the organizational procurement process. In practice, of course, each organization implements the stages relevant to that organization, according to its needs in each case.
The benefits of using procurement software vs managing procurement in excel
Managing procurement in Excel can be challenging and time-consuming, with many potential drawbacks and limitations.
The principles of procurement in the public sector
In public sector organizations, the procurement process is generally similar to the process in private sector organizations.
The three procurement components
Three key elements work together to make the procurement process happen: People, Process, and Audit.
Transforming Procurement: How Procee Empowers Modern CFOs
Did you know that, according to a recent survey, over 60% of CFOs cite inefficient procurement processes as a significant barrier to their organization.
Types of Procurement
Procurement can be classified in several ways: direct or indirect procurement, depending on how the company will use the purchased items.
Understanding the Procurement Process Steps with Procee
This guide outlines the key steps of an organizational procurement process and how Procee streamlines them.
Using Technology for Better Procurement
In the fast-paced business world today, using technology for procurement isn't just nice to have, it's a must.
What does the chart of accounts say about the company?
It is not uncommon for employees in companies to maintain Excel spreadsheets that help explain what is happening in the organization financially – expenses and income by project, budget versus actual, classification by sub-projects.
What is a Computerized Procurement System
In the modern business landscape, where dynamics are ever-evolving, efficient procurement management is vital for success.
What is a procurement management and financial control system?
A procurement management and financial control system in organizations is software that helps computerize procurement while synchronizing with the organization's financial system.
What is organizational procurement?
Procurement is essential to running a business; the process of selecting and purchasing products remains as crucial as ever.
Why choose us?
For more than a decade, we have continued to refine our procurement system in order to simplify processes and make the procurement mechanism not an organizational burden, but rather a clear, straightforward, and easy process.
Product news
Product updates & system news
Challenges in Processing Vendor Payments
Incorrect vendor payments are the mistake every accounting department tries to avoid, often caused by invoice entry errors.
Budget requests management
Managing budgets in a dynamic organization requires more than just monitoring—it involves controlling and adapting to changes.
Introducing the New Vendor Portal Dashboard
We are thrilled to unveil our enhanced Vendor Portal Dashboard, designed to simplify supplier tasks and improve overall efficiency.
Invoices inbox
The new Invoice Inbox feature streamlines your invoice management with a dedicated email address for vendor invoices.
Managing Retroactive Orders
In many organizations, invoices sometimes arrive before a corresponding purchase order is created, weakening expense control.
Procee goes multilingual
Procee’s new multilingual support lets each user pick their own interface language while keeping a unified account language across the organization.
Procee's procurement system Health
Procee's System Health feature gives CFOs and CEOs a clear snapshot of how well their organization is adhering to best procurement practices.
Our New Live Integration with Sage and Xero
We're excited to announce that Procee now offers live integration with Sage and Xero, syncing seamlessly with your accounting software.
Suppliers Onboarding
We are excited to announce our new supplier onboarding features that make vendor management simpler than ever.
The new Pending vendor action status
We are excited to announce a new feature designed to streamline communication and action between procurement teams and vendors.
We now support SSO
Procee now offers full Single Sign-On (SSO) support, letting users log in with their existing organizational credentials for faster, more secure access.