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How E-Invoicing Works And Why It’s Essential For Business Survival

To help the Australian economy recover faster from the impact of COVID-19, the federal government has highlighted key areas for improvement and developed new mandates so both government agencies and suppliers can evolve and reap the benefits of digital transformation. One of the most impactful of these is the mandate that electronic invoicing (e-invoicing) must […]

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Technology Now Or Later? 5 Ways To Know If You’re Ready For An Automated Contract Management System

Adopting an automated contract management system is an incredible opportunity to streamline your processes and improve the transparency of your operations, digitally transforming your organisation and allowing you to realise benefits in as little as four weeks. If you’re looking to experience the benefits that contract management software can bring to your business, then you

Technology Now Or Later? 5 Ways To Know If You’re Ready For An Automated Contract Management System Read More »

The Fundamentals Of Vendor Prequalification: Definition, Process & Enablers

Knowing your third-party suppliers and contractors is no longer a nice-to-have. It’s a prerequisite for supply chain risk management. With supply chains becoming increasingly complex and volatile post-COVID, organisations should re-examine the very processes that underpin how they deliver goods/services. This article takes us back to the basics of supplier prequalification with a view to

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5 Auction Types You Should Consider in Procurement

Just last year, we published a blog outlining the value of a particular auction type: the reverse auction. It listed 5 benefits, which included: Lower purchasing costs through increased competition The potential to gain better savings than a present ‘target’ amount Time savings through a reduced negotiation phase Increased ability to meet deadlines thanks to a set auction date Increased transparency for suppliers as they all have the same data at the same time

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What You Can Achieve In Four Weeks With An Automated Contract System

When it comes to organisational success, automation is paramount to increasing the effectiveness of your operations. Freeing up your employees’ time and resources enables them to focus their energy on making positive changes through their work within your business and gives them the power to think strategically rather than being bogged down in day-to-day manual

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Victoria’s Quarantine Hotel Security Program Part 3

This three-part series for our procurement audience by Paul Rogers is about the award of a $30m+ contract to a non-approved supplier by a Department in the Victorian State Government. The perspective adopted is not a political one, but rather an exploration of the procurement processes that may help organisations avoid similar malpractice in the

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Victoria’s Quarantine Hotel Security Program Part 2

This three-part series for our procurement audience by Paul Rogers is about the award of a $30m+ contract to a non-approved supplier by a Department in the Victorian State Government. The perspective adopted is not a political one, but rather an exploration of the procurement processes that may help organisations avoid similar malpractice in the

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Victoria’s Quarantine Hotel Security Program Part 1

This three-part series for our procurement audience by Paul Rogers is about the award of a $30m+ contract to a non-approved supplier by a Department in the Victorian State Government. The perspective adopted is not a political one, but rather an exploration of the procurement processes that may help organisations avoid similar malpractice in the

Victoria’s Quarantine Hotel Security Program Part 1 Read More »

Faster Collection Of Customer Payments In FY20 Drives Working Capital Boost And Unlocks $3.6 Billion In Cash For Top Companies

Faster collection of customer payments in FY20 drives working capital boost and unlocks $3.6 billion in cash for top companies Research released by McGrathNicol Advisory shows better working capital management at a group of Australia’s largest companies in FY20, releasing an additional $3.6 billion in cash, driven mainly by faster collections from customers. McGrathNicol Advisory’s

Faster Collection Of Customer Payments In FY20 Drives Working Capital Boost And Unlocks $3.6 Billion In Cash For Top Companies Read More »

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