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Procure-to-Pay Automation: How to Implement & What to Consider

by neo360 | Aug 19, 2024 | Articles, Procurement, Product

Picture this: Your company is struggling with time-consuming, repetitive, and error-prone manual processes in the procure-to-pay (P2P) cycle. This leads to schedule delays, frustrated employees, and unhappy vendors, all of which disrupt your procurement process. The...

Construction Progress Claims: All You Need to Know

by neo360 | Aug 19, 2024 | Articles, Procurement, Product

Managing progress claims effectively is essential for smooth construction projects and financial clarity. When handled efficiently, progress claims facilitate timely payments, which help maintain cash flow and keep the project on schedule. In this article, we break...

Procurement Process Flow: How to Make It Better in 2024

by neo360 | Jul 25, 2024 | Articles, Procurement, Product

A great procurement process flow can help your business maximise productivity and profitability. Among others, it leads to significant time and cost savings, better efficiency, and increased compliance. Therefore, businesses are constantly on the search for how to...

The 6 Best Construction Procurement Software In 2024 

by neo360 | Jul 22, 2024 | Articles, Procurement, Product

What is Construction Procurement Software? Let’s start by exploring what procurement software entails in the construction industry:  Construction procurement software are solutions that help businesses automate their procurement-to-pay cycle. They help users...

Why ERP Isn’t Enough for Construction Payment Management

by neo360 | Jun 28, 2024 | Digitalisation

ERP is a must-have when running day-to-day business operations. It’s a great tool for managing a range of basic processes including finance, HR, manufacturing, and more.  However, ERP is not procurement software.  And, like our headline says, it’s definitely not...
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