• Solutions
    • Sourcing
      • eSourcing
      • Sourcing Content Library
      • Customisable Sourcing Events
      • Supplier Scoring & Evaluations
    • Contract Management
    • Supplier Management
      • Supplier Management
      • Supplier Compliance
      • Supplier Scorecards
      • Supplier Onboarding (Coming June 2025!)
    • Savings Management
    • Additional Features
      • Custom Fields
      • Configurations
      • Currencies
      • Languages
      • User Roles & Access
      • Import Data (Coming June 2025!)
  • Integrations
    • oboloo API
    • No code integrations
  • Pricing
  • Resources
    • Data & Security
    • Blog
    • FAQ’s
    • Partner Network
    • Media Kit
  • Contact
Get started for free
Book a demo

Knowledge Hub > FAQ > Procurement Posts

  • Home
  • Blog
  • Knowledge Hub > FAQ > Procurement Posts
  • Page 2
Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Businesses In Business?

April 16, 2023 The oboloo Team

What Are Types Of Businesses In Business? Starting a business can be an exciting and rewarding experience, but with so many options out there, it’s important to understand what types of businesses are available. Whether you’re looking to start a service-based company or manufacture your own products, each type of business comes with its own […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Buisnesses In Business?

April 16, 2023 The oboloo Team

What Are Types Of Buisnesses In Business? Are you curious about the different types of businesses in the world of commerce? From service-based companies to not-for-profit organizations, there are various models that entrepreneurs can choose from when starting their ventures. As an SEO expert and content writer, I have researched and compiled a comprehensive guide […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Accounting In Business?

April 16, 2023 The oboloo Team

What Are Types Of Accounting In Business? Accounting is a crucial aspect of any business, big or small. It involves keeping track of financial transactions and ensuring that everything adds up in the end. But did you know that there are different types of accounting? From managerial to tax accounting, each type serves a unique […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Accountant In Business?

April 16, 2023 The oboloo Team

What Are Types Of Accountant In Business? “Money makes the world go round, and behind every successful business is a skilled accountant. From managing budgets to analyzing financial statements, accountants play a vital role in keeping businesses on track. But did you know that there are different types of accountants specializing in various areas of […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is Risk In Supply Chain In Business?

April 16, 2023 The oboloo Team

What Is Risk In Supply Chain In Business? Welcome to the world of procurement, where supply chain risk is an inevitable challenge for businesses. In today’s fast-paced and ever-changing landscape, managing risk has become a critical factor in maintaining successful operations. From supplier disruptions to demand variability and economic instability, there are various types of […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is The Purpose Of Scrum In Business?

April 16, 2023 The oboloo Team

What Is The Purpose Of Scrum In Business? In today’s fast-paced business world, companies are always looking for ways to improve their processes and stay ahead of the competition. One popular methodology that has gained widespread adoption is Scrum – a framework used by teams to manage complex projects. But what exactly is Scrum, and […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

How Do You Make My Signature In Business?

April 16, 2023 The oboloo Team

How Do You Make My Signature In Business? Have you ever wondered why your signature is so important in the business world? A signature can be more than just a scribble on a document. It’s a representation of who you are and what your brand stands for. In this blog post, we’ll explore how to […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Sales Debited Or Credited In Business?

April 16, 2023 The oboloo Team

Is Sales Debited Or Credited In Business? Sales are the backbone of any business. They represent revenue, growth and success. But how do businesses record sales? Is it debited or credited? As a content writer and SEO expert, I will delve into this topic to provide you with insight on how sales are recorded in […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Payroll Operating Expense In Business?

April 16, 2023 The oboloo Team

Is Payroll Operating Expense In Business? Payroll is a critical component of any business, but have you ever considered the impact it has on your operating expenses? Payroll operating expense refers to the costs associated with compensating employees for their work. While it may seem like an obvious cost, understanding and managing payroll expenses can […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Machinery A Current Asset In Business?

April 16, 2023 The oboloo Team

Is Machinery A Current Asset In Business? As a business owner, you understand that maintaining healthy cash flow is essential to keeping your operations running smoothly. One of the critical factors in managing cash flow is effectively managing current assets. Machinery is often considered a valuable asset for many businesses, but what exactly makes it […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Equipment A Current Asset In Business?

April 16, 2023 The oboloo Team

Is Equipment A Current Asset In Business? Are you familiar with the term “current assets” in business? As a procurement expert or an entrepreneur, it’s essential to understand how the financial health of your company depends on these assets. Equipment is one such asset that impacts your bottom line significantly. But is equipment a current […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Cogs An Operating Expense In Business?

April 16, 2023 The oboloo Team

Is Cogs An Operating Expense In Business? Operating expenses are a critical component of running any business. They include everything from rent and utilities to salaries and marketing costs. But what about cogs? Are they part of the operating expense equation, or do they fall into another category altogether? As a procurement expert, understanding the […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Does A Controller Need A Cpa In Business?

April 16, 2023 The oboloo Team

Does A Controller Need A Cpa In Business? As a business owner, you’re used to juggling multiple responsibilities at once. From managing finances to overseeing operations, it can be overwhelming to navigate the complex world of entrepreneurship. One question that often arises is whether or not a controller needs a CPA in business? In this […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Benefits Of Wms In Business?

April 16, 2023 The oboloo Team

What Are The Benefits Of Wms In Business? In today’s fast-paced business world, supply chain management is critical to success. One of the key components of this process is warehouse management, which involves organizing and controlling the movement of goods within a facility. This is where WMS (Warehouse Management System) software comes into play. With […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What is the Benefit Of Agile In Business?

April 16, 2023 The oboloo Team

What is the Benefit Of Agile In Business? Are you tired of lengthy and rigid business processes that leave no room for flexibility or creativity? Look no further than Agile. This approach to project management has been gaining popularity among businesses of all sizes due to its ability to adapt quickly, improve efficiency, and increase […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is An Executed Contract In Business?

April 16, 2023 The oboloo Team

What Is An Executed Contract In Business? As a business owner or entrepreneur, you know that contracts are an essential part of any successful operation. In fact, they’re one of the most important tools in your procurement strategy. But have you ever heard of an executed contract? This type of agreement can provide numerous benefits […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is The Advantage Of Crm In Business?

April 16, 2023 The oboloo Team

What Is The Advantage Of Crm In Business? In today’s fast-paced business world, customer relationship management (CRM) has become an essential tool for companies looking to stay ahead of the competition. CRM software allows businesses to streamline their sales process, improve customer satisfaction and loyalty, and ultimately increase revenue. In this blog post, we’ll explore […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Typical Non Disclosure Agreement?

April 16, 2023 The oboloo Team

What Are Typical Non Disclosure Agreement? In the world of business, confidentiality is key. Whether it’s a new product idea or sensitive financial information, keeping certain details under wraps is crucial for maintaining a competitive edge. That’s where Non Disclosure Agreements (NDAs) come into play. These legal documents are designed to protect confidential information shared […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Risk Project Management?

April 16, 2023 The oboloo Team

What Are Types Of Risk Project Management? As a project manager, you’re responsible for the success of your team’s endeavors. However, there are always risks that could derail even the most well-planned projects. That’s why risk management is crucial in any project. In this blog post, we’ll explore different types of risks and offer tips […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Manufacturing Companies?

April 16, 2023 The oboloo Team

What Are Types Of Manufacturing Companies? Welcome to the world of manufacturing! From the clothes you wear to the cars you drive, nearly everything around us has been manufactured. It’s a vital aspect of our daily lives that we often take for granted. The process is complex and varies depending on what type of product […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Inventory In Accounting?

April 16, 2023 The oboloo Team

What Are Types Of Inventory In Accounting? Inventory management is an essential part of any business that deals with the procurement, production or sale of physical goods. It involves tracking and controlling the flow of products from raw materials to finished goods. As a business owner, it’s crucial to understand the different types of inventory […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Three Types Of Due Diligence?

April 16, 2023 The oboloo Team

What Are The Three Types Of Due Diligence? Are you in the process of procuring a business, or considering doing so in the future? Due diligence is a critical step to ensure that your investment will be worth it. It involves conducting thorough research and analysis of various areas related to the company you are […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Steps To Get Business Credit?

April 16, 2023 The oboloo Team

What Are The Steps To Get Business Credit? Are you looking to establish a successful business? Then, building your business credit is an essential step towards achieving that goal. Having good business credit not only helps secure loans and financing but also improves the credibility of your company. But where do you start? In this […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Steps Of Revenue Recognition?

April 16, 2023 The oboloo Team

What Are The Steps Of Revenue Recognition? Introduction Are you wondering how businesses determine their revenue? Revenue recognition is the process of identifying and recording the income generated by a company’s operations. It’s an essential aspect of any business, as it determines when and how much money should be accounted for in financial statements. In […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Steps In Process Improvement?

April 16, 2023 The oboloo Team

What Are The Steps In Process Improvement? Are you tired of dealing with the same old problems in your procurement process? Do you want to streamline your operations and save time and money? If so, it’s time to start focusing on process improvement. By following a few simple steps, you can identify areas for improvement, […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Steps Of Bank Reconciliation?

April 16, 2023 The oboloo Team

What Are The Steps Of Bank Reconciliation? As a business owner, managing your finances is crucial to success. One of the essential tasks in financial management is bank reconciliation. Bank reconciliation ensures that your records match those of your bank, preventing discrepancies and errors that could have significant consequences for your business. In this blog […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Steps In Revenue Recognition?

April 16, 2023 The oboloo Team

What Are The Steps In Revenue Recognition? As a business, recognizing revenue is an important aspect of financial management. Revenue recognition refers to the process of recording income from sales or services rendered by a company. However, this seemingly simple concept can be complicated and requires careful attention to detail. That’s why in this article, […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is The Purpose Of Editorial Calendar?

April 16, 2023 The oboloo Team

What Is The Purpose Of Editorial Calendar? Are you tired of scrambling to come up with content for your blog or social media? Do you find yourself constantly playing catch-up and struggling to stay on top of deadlines? If so, it’s time to consider using an editorial calendar. An editorial calendar is a planning tool […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is Risk Management Scenario Analysis?

April 16, 2023 The oboloo Team

What Is Risk Management Scenario Analysis? Are you looking to improve your procurement process by minimizing risks and uncertainties? If so, then risk management scenario analysis might be the solution you need. In today’s ever-changing business landscape, it is crucial for organizations to identify potential risks in their procurement processes and find ways to mitigate […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Most Important Business Kpis?

April 16, 2023 The oboloo Team

What Are The Most Important Business Kpis? Introduction In the world of business, success is measured by achieving goals and meeting objectives. But how do you know if you’re on track? Enter KPIs – Key Performance Indicators. These are metrics that help businesses monitor progress and determine whether they’re reaching their targets or falling short. […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Does Net Income Go On The Balance Sheet?

April 16, 2023 The oboloo Team

Does Net Income Go On The Balance Sheet? Are you curious about the relationship between net income and the balance sheet? As an essential document for businesses, a balance sheet provides details on a company’s assets, liabilities, and equity. On the other hand, net income is a crucial financial metric that indicates how much money […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Equipment An Asset On A Balance Sheet?

April 16, 2023 The oboloo Team

Is Equipment An Asset On A Balance Sheet? Are you wondering whether the equipment in your business can be considered an asset or a liability? As a business owner, it’s important to understand how your equipment is classified on the balance sheet and what impact it has on your overall financial health. In this blog […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is The Importance Project Management?

April 16, 2023 The oboloo Team

What Is The Importance Project Management? Project management is the backbone of any successful business, and its importance cannot be overstated. It is a well-known fact that without proper project management techniques, projects can quickly spiral out of control and become nothing more than an expensive failure. From small-scale projects to large corporate initiatives, project […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is The Importance Of Working Capital?

April 16, 2023 The oboloo Team

What Is The Importance Of Working Capital? Are you a business owner or manager looking to improve your company’s financial health? One crucial aspect to consider is working capital. Working capital represents the funds that a company has available for its day-to-day operations, including paying vendors and employees, buying inventory, and covering other expenses. But […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is The Importance Of Cost Accounting?

April 16, 2023 The oboloo Team

What Is The Importance Of Cost Accounting? Are you looking to improve your company’s financial performance? Do you need to make better business decisions based on accurate cost data? Then, cost accounting is the solution! Cost accounting is a crucial tool that helps businesses manage their expenses and maximize profits. In this blog post, we […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What is the Benefit Of Project Management?

April 16, 2023 The oboloo Team

What is the Benefit Of Project Management? Are you tired of missed deadlines and disorganized chaos in your projects? The solution could be as simple as implementing project management techniques. Project management is the process of planning, organizing, and executing tasks to achieve specific goals within a designated timeline. It may sound like a lot […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Are Accounts Receivable A Debit Or Credit?

April 16, 2023 The oboloo Team

Are Accounts Receivable A Debit Or Credit? Are you confused about whether accounts receivable are a debit or credit? You’re not alone! Understanding the ins and outs of accounting can be daunting, but it’s essential for effective procurement. In this blog post, we’ll break down what accounts receivable are, how to record them, and even […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Procurement In Business?

April 16, 2023 The oboloo Team

What Are Types Of Procurement In Business? Procurement may seem like a straightforward concept, but it actually encompasses several different methods and strategies that can greatly impact your business’s success. Whether you’re purchasing goods or services for your company, understanding the types of procurement available to you is essential. From traditional methods like competitive bidding […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Mrp Systems In Business?

April 16, 2023 The oboloo Team

What Are Types Of Mrp Systems In Business? Are you struggling with managing your business’s inventory and procurement processes? Look no further than an MRP system. MRP, or material requirements planning, is a software solution that helps businesses manage their manufacturing processes more efficiently by automating much of the supply chain process. But did you […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Kpi Metrics In Business?

April 16, 2023 The oboloo Team

What Are Types Of Kpi Metrics In Business? In the world of business, metrics are everything. They provide insight into how well your company is performing and where improvements can be made. However, not all metrics are created equal – enter KPIs or Key Performance Indicators. These powerful tools allow businesses to measure progress towards […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Inventories In Business?

April 16, 2023 The oboloo Team

What Are Types Of Inventories In Business? Inventory management is an essential part of any business, regardless of size or industry. From retail to manufacturing, understanding and effectively managing your inventory can make all the difference in your success. But what exactly is inventory? And why is it so important? In this blog post, we’ll […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Improvement In Business?

April 16, 2023 The oboloo Team

What Are Types Of Improvement In Business? Introduction Are you looking to take your business to the next level? Do you want to improve its efficiency, productivity, and profitability? If so, then you need to focus on business improvement. Business improvement refers to making positive changes in various aspects of your organization that can lead […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Erp Systems In Business?

April 16, 2023 The oboloo Team

What Are Types Of Erp Systems In Business? In today’s fast-paced business world, having an effective ERP system in place can be a game-changer. ERP systems help organizations streamline their processes, increase efficiency and productivity, and ultimately drive growth. However, with so many different types of ERP systems available on the market, choosing the right […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Accountants In Business?

April 16, 2023 The oboloo Team

What Are Types Of Accountants In Business? Introduction Are you curious about the different types of accountants in business? If you’re considering a career in accounting or just want to know more about the industry, this article is for you! From public accountants to certified fraud examiners, we’ll explore the various roles that accountants play […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is Risk Of Exchange Rate In Business?

April 16, 2023 The oboloo Team

What Is Risk Of Exchange Rate In Business? As businesses continue to expand globally, foreign exchange has become an integral part of their operations. However, with the benefits come several risks associated with fluctuations in currency values. The risk of exchange rate can have a significant impact on a business’s bottom line and overall success. […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is The Purpose Of Budget In Business?

April 16, 2023 The oboloo Team

What Is The Purpose Of Budget In Business? Budgeting is a crucial aspect of any business, regardless of its size or industry. It involves planning and allocating financial resources to achieve specific goals and objectives. However, many entrepreneurs often overlook the importance of budgeting in their businesses, which can lead to financial mismanagement, poor decision-making, […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is The Purpose Of An Nda In Business?

April 16, 2023 The oboloo Team

What Is The Purpose Of An Nda In Business? In today’s highly competitive business landscape, protecting your intellectual property and confidential information is critical to maintaining a competitive edge. Non-Disclosure Agreements (NDAs) are an essential tool for safeguarding sensitive information from being shared with unauthorized parties. Whether you’re involved in procurement, marketing or any other […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

How Do You Make An Order Form In Business?

April 16, 2023 The oboloo Team

How Do You Make An Order Form In Business? Are you tired of dealing with messy orders and lost information in your business? A simple solution to streamline the ordering process is by creating an order form. Not only will it make things more efficient, but it can also provide valuable data for procurement purposes. […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Most Common Kpis In Business?

April 16, 2023 The oboloo Team

What Are The Most Common Kpis In Business? In today’s competitive business landscape, measuring performance has become integral to success. Companies of all sizes and industries rely on key performance indicators (KPIs) to track progress towards their goals. These metrics provide valuable insights into different aspects of a business, from sales and marketing to finance […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Revenues The Same As Sales In Business?

April 16, 2023 The oboloo Team

Is Revenues The Same As Sales In Business? Introduction Are revenue and sales the same thing? Many people use these terms interchangeably, but in reality, they are two distinct concepts with different meanings. As a business owner or manager, it’s important to understand the difference between them to make informed decisions about your company’s financial […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Revenue And Sales The Same In Business?

April 16, 2023 The oboloo Team

Is Revenue And Sales The Same In Business? Do you know the difference between revenue and sales? Many people use these terms interchangeably, but they actually have distinct meanings in the world of business. Revenue refers to the total income generated by a company over a period of time, while sales specifically refer to the […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Payroll A Business Expense In Business?

April 16, 2023 The oboloo Team

Is Payroll A Business Expense In Business? Are you a business owner wondering if payroll is considered a business expense? Look no further! In this blog post, we will break down everything you need to know about payroll and its impact on your bottom line. From defining what payroll is to discussing the different types […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Debit Increase Or Decrease In Business?

April 16, 2023 The oboloo Team

Is Debit Increase Or Decrease In Business? Introduction Are you struggling to understand the role of debit in your business finances? As a business owner, it’s essential to have a clear understanding of how money flows in and out of your accounts. Debit is an important financial tool that can either increase or decrease your […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is A Verbal Agreement Binding In Business?

April 16, 2023 The oboloo Team

Is A Verbal Agreement Binding In Business? In the world of business, agreements are essential to ensure that both parties involved understand their responsibilities and obligations. While written contracts are the norm, verbal agreements can also be made. But is a verbal agreement binding in business? This question has been asked time and again, with […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is The Importance Of Erp In Business?

April 16, 2023 The oboloo Team

What Is The Importance Of Erp In Business? In today’s fast-paced business environment, companies need to have efficient processes in place to stay competitive. That’s where ERP (Enterprise Resource Planning) comes into play. ERP is a software system that integrates and manages all aspects of a company’s operations from procurement to distribution. It provides real-time […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What is Benefit Cost Analysis In Business?

April 16, 2023 The oboloo Team

What is Benefit Cost Analysis In Business? Are you a business owner looking to make strategic decisions that benefit your company’s bottom line? If so, then you need to consider the benefits of conducting a benefit cost analysis (BCA). BCA is a powerful tool that helps businesses determine the financial feasibility of potential projects, investments […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is An Executory Contract In Business?

April 16, 2023 The oboloo Team

What Is An Executory Contract In Business? As a business owner, you’ve likely encountered many different types of contracts throughout your career. One type that may not be as familiar to you is the executory contract. This legal agreement can have significant implications for your company and should be understood before signing on the dotted […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is An Exclusive Contract In Business?

April 16, 2023 The oboloo Team

What Is An Exclusive Contract In Business? Are you considering entering into an exclusive contract with a vendor or supplier for your business? Exclusive contracts can offer several benefits, including cost savings and increased efficiency. However, they can also come with their fair share of disadvantages and risks. As a savvy business owner or procurement […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Typical Small Business Deductions?

April 16, 2023 The oboloo Team

What Are Typical Small Business Deductions? Are you a small business owner looking to save money on taxes? Then you’ve come to the right place! One of the best ways to reduce your tax bill is by taking advantage of small business deductions. These are expenses that can be deducted from your taxable income, lowering […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Project Management Tools?

April 16, 2023 The oboloo Team

What Are Types Of Project Management Tools? Project management is an essential aspect of any business, from small startups to large corporations. It involves planning, organizing, and executing tasks to achieve specific goals within a given timeframe. However, managing projects manually can be challenging and time-consuming. That’s where project management tools come into play! These […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Manufacturing Industries?

April 16, 2023 The oboloo Team

What Are Types Of Manufacturing Industries? Introduction Manufacturing industries play a vital role in creating products that we use in our everyday lives. From the food we eat to the cars we drive, manufacturing has a significant impact on our daily routines. But did you know that there are different types of manufacturing industries? In […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Inventory Control System?

April 16, 2023 The oboloo Team

What Are Types Of Inventory Control System? Inventory management is a vital component of any business, and it can be a challenging task to keep up with the ever-increasing demands of procurement. It’s essential to have an effective inventory control system in place to streamline operations, minimize costs, and maximize profits. In this blog post, […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Contracts In Procurement?

April 16, 2023 The oboloo Team

What Are Types Of Contracts In Procurement? Procurement is a crucial part of any business operation, ensuring that the necessary goods and services are acquired in a strategic and cost-effective manner. However, one aspect of procurement that often goes overlooked is the type of contract used to secure these products or services. Choosing the right […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Types Of Collaborative Agreements?

April 16, 2023 The oboloo Team

What Are Types Of Collaborative Agreements? Collaboration has become a buzzword in today’s business world. With companies seeking to expand their reach and capabilities, collaboration agreements have become an essential tool for achieving success. But what exactly is a collaborative agreement? And how can it be used to benefit your procurement efforts? In this article, […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Two Column Journal Accounting?

April 16, 2023 The oboloo Team

What Are The Two Column Journal Accounting? Are you tired of the traditional accounting methods that involve complex spreadsheets and confusing calculations? Do you want a simpler way to keep track of your financial transactions? Look no further than the two column journal! This easy-to-use accounting tool is perfect for small business owners, freelancers, or […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Steps To Be A Project Manager?

April 16, 2023 The oboloo Team

What Are The Steps To Be A Project Manager? Introduction Are you interested in becoming a project manager? Do you enjoy leading teams, planning projects and achieving goals? If so, then project management might be the perfect career path for you. As a project manager, you will have the opportunity to work on exciting projects […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Steps Of The Accounting Cycle?

April 16, 2023 The oboloo Team

What Are The Steps Of The Accounting Cycle? Introduction Welcome to our informative blog post about the steps of the accounting cycle! As a business owner, keeping track of your finances is crucial for success. The accounting cycle is a process that helps you record and analyze your financial transactions accurately. In this blog post, […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Steps In The Accounting Cycle?

April 16, 2023 The oboloo Team

What Are The Steps In The Accounting Cycle? Introduction Welcome to our latest blog post! In today’s digital age, accounting is an essential part of every business. It enables you to track your finances, measure performance and make data-driven decisions. But how do businesses ensure that their financial records are accurate? This is where the […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Risks Of Vertical Integration?

April 16, 2023 The oboloo Team

What Are The Risks Of Vertical Integration? Introduction Are you considering implementing vertical integration into your company’s procurement process? While it may seem like a smart move to streamline operations and cut costs, there are potential risks that should be carefully considered. Vertical integration can have both positive and negative impacts on your business, so […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is Risk Mitigation Project Management?

April 16, 2023 The oboloo Team

What Is Risk Mitigation Project Management? Introduction As a procurement professional or project manager, you’re likely no stranger to the concept of risk. The truth is, every project comes with its own set of uncertainties and potential roadblocks that can derail even the most carefully laid plans. That’s where risk mitigation comes in. By taking […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is Risk Management Project Management?

April 16, 2023 The oboloo Team

What Is Risk Management Project Management? In any project, there are always uncertainties and potential risks that could derail the entire operation. This is where risk management comes into play. By identifying and analyzing these risks beforehand, project managers can take steps to mitigate them and ensure a successful outcome. But what exactly is risk […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Enterprise Value The Same As Market Cap?

April 16, 2023 The oboloo Team

Is Enterprise Value The Same As Market Cap? Are you confused about the difference between enterprise value and market cap? Don’t worry, you’re not alone! Many people often use these terms interchangeably or assume that they mean the same thing. However, understanding the differences between these two financial metrics is crucial for investors and businesses […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Alternate Minimum Tax Tested On The Cpa?

April 16, 2023 The oboloo Team

Is Alternate Minimum Tax Tested On The Cpa? Tax season can be a stressful time for many, especially if you’ve heard of the dreaded Alternate Minimum Tax (AMT). This tax was designed to ensure that high-income earners pay their fair share of taxes. If you’re unsure what this means or who is required to pay […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is A Signed Piece Of Paper Legally Binding?

April 16, 2023 The oboloo Team

Is A Signed Piece Of Paper Legally Binding? Have you ever wondered if a signed piece of paper can hold up in court? Whether you’re signing a lease agreement, employment contract or simply agreeing to terms and conditions online, it’s important to understand the legal implications behind such agreements. In the world of procurement, where […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Benefits Of Agile Methodology?

April 16, 2023 The oboloo Team

What Are The Benefits Of Agile Methodology? Agile methodology has become increasingly popular in recent years, especially in the world of procurement. This project management approach emphasizes collaboration, flexibility, and continuous improvement to deliver high-quality results quickly. For organizations looking to stay competitive and nimble in today’s fast-paced business environment, implementing agile practices can offer […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

How Do You Make An E Signature In Business?

April 16, 2023 The oboloo Team

How Do You Make An E Signature In Business? In today’s fast-paced business world, time is of the essence. And when it comes to signing important documents, physical signatures can be a real hassle. Luckily, there’s an easier way: electronic signatures or e-signatures. E-signatures are not only efficient and convenient but also legally binding in […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

How Do You Add Signature To Pages Document?

April 16, 2023 The oboloo Team

How Do You Add Signature To Pages Document? In today’s digital world, adding a signature to a document has become an essential part of the procurement process. Whether you’re signing a contract, approving an invoice or authorizing a purchase order, your signature confirms your consent and agreement. But how can you add a signature to […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Fixed Asset A Current Asset In Business?

April 16, 2023 The oboloo Team

Is Fixed Asset A Current Asset In Business? As a business owner, you need to understand the different types of assets that your company may hold. Two common classifications are fixed assets and current assets. Fixed assets are long-term investments that provide value over several years, whereas current assets are typically liquid and can be […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Key Financial Metrics In Business?

April 16, 2023 The oboloo Team

What Are Key Financial Metrics In Business? Welcome to our blog post about key financial metrics in business! As a business owner or manager, you know that managing your finances is crucial to the success of your company. But how do you measure that success? That’s where financial metrics come in. These are quantifiable measures […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Cost Of Goods Sold An Asset In Business?

April 16, 2023 The oboloo Team

Is Cost Of Goods Sold An Asset In Business? As a business owner or manager, you are always looking for ways to optimize your finances and maximize profits. One important aspect of financial management is understanding the cost of goods sold (COGS). But have you ever wondered whether COGS can be considered an asset in […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Computer Equipment An Asset In Business?

April 16, 2023 The oboloo Team

Is Computer Equipment An Asset In Business? As businesses continue to embrace technology, computer equipment has become an essential part of any organization’s operations. From desktop computers to printers and servers, these tools are no longer just a convenience but have evolved into valuable assets that can impact the overall success of a business. In […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Are Revenues Debits Or Credits In Business?

April 16, 2023 The oboloo Team

Are Revenues Debits Or Credits In Business? Are you a business owner or an accounting student who always gets confused with debits and credits, especially when it comes to revenues? Well, worry no more because we’ve got you covered! In this blog post, we’ll discuss everything you need to know about revenues – from its […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Are Oral Contracts Enforceable In Business?

April 16, 2023 The oboloo Team

Are Oral Contracts Enforceable In Business? Contracts are an essential part of any business agreement. They outline the terms and conditions that both parties must adhere to, ensuring a successful partnership. However, not all contracts are created equal. While written contracts may be more common in the business world, oral contracts can still hold weight […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is An Asset In Accounting In Business?

April 16, 2023 The oboloo Team

What Is An Asset In Accounting In Business? As a business owner, you may have heard the term “asset” thrown around in accounting discussions. But what exactly is an asset and why is it important? In short, assets are resources owned by a company that can provide future economic benefits. From property and equipment to […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Advantages Of Erp In Business?

April 16, 2023 The oboloo Team

What Are The Advantages Of Erp In Business? Are you tired of managing multiple software systems for different aspects of your business? Do you find it difficult to track inventory, monitor sales, and manage finances all at once? Look no further than ERP – Enterprise Resource Planning. ERP is a powerful tool that can revolutionize […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Cost Of Goods Sold On The Balance Sheet?

April 16, 2023 The oboloo Team

Is Cost Of Goods Sold On The Balance Sheet? Welcome to our blog post where we will be discussing the important topic of Cost of Goods Sold (COGS) and whether or not it should be included on the balance sheet. As a procurement expert, you know that COGS is a crucial component in determining the […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Key Performance Indicators Metrics?

April 16, 2023 The oboloo Team

What Are Key Performance Indicators Metrics? Are you looking to measure the success of your business operations? Key Performance Indicators (KPIs) are metrics that can help you track and evaluate your company’s progress towards achieving its goals. As a procurement expert, implementing KPI tracking systems can help you stay on top of your supply chain […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

The Importance Of Keeping Up With Inventory?

April 16, 2023 The oboloo Team

The Importance Of Keeping Up With Inventory? Inventory management is one of the most critical aspects of running a successful business. Whether you’re dealing with physical products or digital assets, keeping track of your inventory levels can make or break your company’s bottom line. Procurement professionals are well aware that maintaining accurate records and staying […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Deferred Revenue Part Of Working Capital?

April 16, 2023 The oboloo Team

Is Deferred Revenue Part Of Working Capital? Have you ever heard of deferred revenue and wondered if it’s part of working capital? Whether you’re a business owner or an accountant, understanding the concept of deferred revenue is crucial. It refers to income that has been received but not yet earned, which means it cannot be […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Does Sales Revenue Go On The Balance Sheet?

April 16, 2023 The oboloo Team

Does Sales Revenue Go On The Balance Sheet? Are you a business owner or an accounting enthusiast wondering whether sales revenue goes on the balance sheet? Look no further! Understanding how to account for your company’s financial transactions is crucial in managing your finances. In this article, we’ll delve into the basics of a balance […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are Important Of Cost Benefit Analysis?

April 16, 2023 The oboloo Team

What Are Important Of Cost Benefit Analysis? Are you looking to make informed decisions when it comes to procurement? We all know that making the right choices can save us time, money, and stress. This is where cost benefit analysis comes in handy! Cost benefit analysis is a tool that helps individuals and organizations assess […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Is Accounts Payable On The Income Statement?

April 16, 2023 The oboloo Team

Is Accounts Payable On The Income Statement? Are you wondering where Accounts Payable stands on the Income Statement? As a business owner or accountant, it’s important to know how every penny is accounted for in your financial reports. But don’t worry! We’ve got you covered. In this blog post, we’ll explore what Accounts Payable is […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

Does Direct Deposit Cost Money For Employer?

April 16, 2023 The oboloo Team

Does Direct Deposit Cost Money For Employer? Welcome to our blog post on the topic of direct deposit for employers! As businesses continue to streamline their payroll processes, many are turning to electronic payment methods as a more efficient option. Direct deposit is one such method that offers numerous benefits over traditional paper checks, including […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Benefits Of Cash Flow Forecast?

April 16, 2023 The oboloo Team

What Are The Benefits Of Cash Flow Forecast? Cash flow is the lifeblood of any business, and maintaining a steady cash flow is essential for its survival. Predicting your company’s financial future can be challenging, but with proper planning and forecasting, you can stay ahead of the curve. This is where cash flow forecasting comes […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Benefits Of Project Management?

April 16, 2023 The oboloo Team

What Are The Benefits Of Project Management? Are you tired of feeling overwhelmed with your projects? Are deadlines sneaking up on you, causing stress and anxiety? Well, it’s time to consider the benefits of project management. Whether you’re a student working on a group assignment or an entrepreneur launching a new business venture, project management […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Are The Benefits Of Accrual Accounting?

April 16, 2023 The oboloo Team

What Are The Benefits Of Accrual Accounting? Are you tired of struggling to keep track of your company’s finances? Are you looking for a more efficient and effective way to manage your accounts? Look no further than accrual accounting! Accrual accounting is a method that records transactions when they occur, rather than when the money […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

How Do You Add Electronic Signature In Word?

April 16, 2023 The oboloo Team

How Do You Add Electronic Signature In Word? In today’s fast-paced world, the process of procurement has become increasingly digitized. And with that comes the need for electronic signatures – a quick and easy way to sign documents without having to print or scan anything. But how exactly do you add an electronic signature in […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

How Do You Add A Signature To Word Document?

April 16, 2023 The oboloo Team

How Do You Add A Signature To Word Document? Are you tired of printing out documents, signing them by hand, and scanning them back in? Adding a digital signature to your Word documents can save time and make the procurement process more efficient. In this blog post, we will show you how to add a […]

Knowledge Hub > FAQ > Procurement Posts, Uncategorized

What Is The Purpose Of A Budget In Business?

April 16, 2023 The oboloo Team

What Is The Purpose Of A Budget In Business? Budgeting is an essential part of running a successful business. It helps you keep track of your expenses, plan for the future, and make better financial decisions. Whether you’re a small startup or a large corporation, creating and sticking to a budget is crucial for growth […]

Posts pagination

Previous 1 2 3 … 34 Next

Categories

  • Contract Management (30)
  • General Procurement (198)
  • Savings Management (25)
  • Sourcing (65)
  • Supplier Management (69)
  • teal spot
    Get started

    Ready to transform your procurement processes?

    Optimise supplier relationships, streamline sourcing activities, manage contracts with ease and track savings efficiently with our all-in-one procurement platform

    Get started for free
    Book a demo
    oboloo contract management software

    Want to receive news and updates?


      The smarter way to have full visibility & control of your suppliers

      Features
      • Sourcing (RFP's, RFI's, RFQ's)
      • Sourcing Content Library
      • Sourcing Supplier Scoring
      • Sourcing Supplier Scoring
      • Customisable Sourcing Events
      .
      • Supplier Management
      • Supplier Scorecards
      • Supplier Compliance
      • Contract Management
      • Savings Management
      Resources
      • Blog
      • Charities
      • FAQ's
      • Configurations
      • Currencies
      • Languages
      • User Roles & Access
      • Partner & Reseller Network
      Software
      • Integrations
      • API
      • Service Status
      • Security Score
      • Roadmap
      • Release Notes
      Contact Us

      © 2025 oboloo Limited. All rights reserved

      • Terms
      • Privacy Policy
      • Sustainability
      • Equality, Diversity & Inclusion
      • Modern Slavery