Brex explores the five types of procurement that organizations employ today and explains the advantages for specific business ...

Automating purchasing steps greatly accelerates the procurement cycle. Tasks like approvals and order generation that might take days on paper can be completed in hours through the online system.

Automating purchasing steps greatly accelerates the procurement cycle. Tasks like approvals and order generation that might take days on paper can be completed in hours through the online system.

To achieve procurement transformation, a complete overhaul of legacy processes is required. The current business environment requires procurement professionals to make decisions on the fly.

Automating purchasing steps greatly accelerates the procurement cycle. Tasks like approvals and order generation that might take days on paper can be completed in hours through the online system.

This article explores the five main types of procurement that organizations employ today: direct, indirect, strategic sourcing, outsourcing, and e-procurement.