4castplus Blog

4castplus Blog

19 19, 2018

Paper-based Ledgers are a Thing of the Past

Several decades ago, organizations used to manage all their finances using big paper-based ledgers, where they’d spend much of their day “doing the books”. These large ledger books worked for hundreds of years, however it would be a challenge to find any modern company today that runs their business on paper-based accounting methods.  

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02 2, 2018
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05 5, 2014

What's the Difference: RFP, RFQ and Invitation To Tender

In the world of contract management and procurement, there are a variety of ways the tendering stage can work.  A key part of planning any piece of work to be done, is determining who is going to do that work; and setting out the terms of reference and evaluation criteria for awarding the contract to the winning bidder.

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31 31, 2013

Manage Contracts - Not Chaos!

One of the biggest challenges most procurement professionals face, is managing the day-to-day madness of having too many things to stay on top of, and not enough information to work with.  A very common frustration we hear about from procurement officers is their constant battle with “emergency procurement”.  A feeling as if they are always behind, in an ongoing reactive state – having to make sudden purchases with next-to-no advance planning. 

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27 27, 2012
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