The terminology e-invoicing has been in the market for quite a while. However, the precise meaning of this term and its degree of implementation are still unclear to many. In this article, Procure Avenue has come up with some answers that will bring clarity to such questions. What is Electronic... read more →
Aug
13
Aug
11
Digitalized transformation is literally the “In-thing” for the industries. Wherever you roll your eyes, you will be hearing all about it. But, let’s take a look beyond these statements. The truth is that you just cannot ignore the digital revolution happening in the market. In fact, it is a good... read more →
Aug
10
Effective supplier or vendor relationship management needs two way information, metrics, incentives and recommendation. To begin with, Supplier Relationship Management refers to interact and manage the third-party suppliers that provide materials, services and goods to the company. It is obvious that you must opt for the vendors that maximize the... read more →
Aug
08
The companies are focusing on different ways to transform the procurement process with digital technologies in order to increase the user experience, remove manual effort and enhance the decision making process. However, the main challenge is that most of the companies are not sure on how they can generate the... read more →
Aug
06
As and when the organization expands, there comes a point where one has to take a decision on the business management software that it uses. If the software is not compatible to your systems, then it leads to inefficiency and hampers the business growth. If you are looking forward to... read more →
Aug
04
Is your company still using the manual purchasing processes in order to raise orders, reconcile invoices and ordering goods? In this modern, leading edge most of the organizations are deciding to go digital especially in terms of procurement process. The digital technology would help you to transform your entire procurement... read more →
Aug
03
In the modern digital era, the companies have started relying on latest technology for connectivity, automation, better data management etc. It is important to build good and long lasting business relationships with your suppliers. Having a responsive and strong supply chain helps your company to become agile and lean, where... read more →
Jul
20
The procurement systems in India have grown immensely in all the industries. Everyday new and innovative trends are immerging in the market. The supermarkets have taken an important place in the modern age society of India. In this blog, we have come up with list of new trend with respect... read more →
Jul
18
Before we begin with the article, it is important to understand that what exactly we mean by central procurement system. The centralized purchase system includes in bringing all the processes, personnel and items related to material procurement to a single platform. Such centralized system has a lot of advantages especially... read more →
Jul
16
The expectation regarding the procurement is changing very rapidly in modern age dynamic era. Every organization is putting in constant effort and has a vision in terms of what the end-to-end procurement may look like and how to achieve the same irrespective of direct and indirect material. Before we start... read more →