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Insights and strategies for effective sourcing, contract, supplier, and savings management in procurement

procurement savings
Savings Management

How Do You Measure Procurement Savings?

April 5, 2022 The oboloo Team

How Do You Measure Procurement Savings? Procurement savings are key as each company prepares their annual accounts that summarize its financial performance, and over time, comparing them is a measure of how well it is doing relative to previous years. There is a limited amount of detail in these accounts, and they are a top-level summary of […]

Procurement data
General Procurement

High Quality Procurement Data Can Help You Make Better Decisions

April 1, 2022 The oboloo Team

High Quality Procurement Data Can Help You Make Better Decisions The explosion of data available to companies has been growing at an exponential rate over the past few years. This is due to the collection of data by digital systems in every aspect of our daily lives, both work and personal. Using this data, businesses can continually improve […]

oboloo
Sourcing

What is oboloo and How can Its Software Help Me?

March 22, 2022 The oboloo Team

What is oboloo and How can Its Software Help Me? oboloo was created to help SMEs save time and money working with their suppliers, reduce supplier risk, and choose the right ones. oboloo is a cloud-based procurement tool that provides visibility and control over every phase of the procurement process, from sourcing to contract management to supplier management. In […]

esourcing benefits
Sourcing

What is eSourcing and Its Benefits?

March 18, 2022 The oboloo Team

What is eSourcing and Its Benefits? Buying or purchasing both goods and services is something that we all do in our daily lives, as well as in business. We learn the process when we’re very young and generally follow it throughout our lives. The amount of time and effort we dedicate to the purchasing process varies depending on the complexity and […]

sourcing
Sourcing

Simple Tips For Sourcing Goods & Services

March 15, 2022 The oboloo Team

Simple Tips For Sourcing Goods & Services The sourcing of goods and services is one component of the procurement process every company undertakes so they can get the best value from vendors and also work with the right vendors whose values are aligned with their own. A company can source without following a formal process or it […]

Purchase Order Guide
General Procurement

The Ultimate Guide To Purchase Orders

March 11, 2022 The oboloo Team

The Ultimate Guide To Purchase Orders What Is A Purchase Order (PO)?  As a starting point, it would be logical to answer the obvious question, what is a purchase order? In order to purchase products or services, purchase orders (POs) are documents sent from you, as the buyer, to a supplier requesting products or services. It is expected […]

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