Hubbler Blogs

Here is a list of blogs curated specifically for you, filtered with the following tag

Purchase

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Everything You Need to Know About Purchase Orders and PO Numbers
Manaswini
December 30, 2022

A purchase order can be understood as a legally binding document for the buyer as well as the seller. The PO number, i.e., the purchase order number mentioned on each purchase order, allows both buyer and seller to identify each purchase and maintain their accounts smoothly.

Notes Payable vs. Accounts Payable: The Differences Explained
Manaswini
December 26, 2022

Notes payable are the long-term debts a business has collected with a promise to pay them back within the terms set in a legally binding document (like a promissory note). Accounts payable can be defined as the short-term payment liabilities that your business may have towards its associates, vendors, or suppliers.

Purchase Order vs. Invoices - What are the Key Differences?
Manaswini
December 22, 2022

Purchase orders are formal documents that outline the list of items a buyer intends to purchase from a vendor. Invoices are formal documents raised by a vendor toward their buyer requesting the release of payment for the goods and services rendered.

Procurement vs. Purchase - A Definitive Guide
Alok Suman
September 16, 2022

Procurement and purchase may sound similar but are quite different. In this article, learn what the steps involved are, and how are they different with examples.

Purchase Order Process - Steps, Benefits, Best Practices
Alok Suman
September 15, 2022

A purchase order is the approval of an order sent by a buyer to the supplier of goods/services. Learn what the steps involved are, what are its benefits, and how Hubler can help you with this.

Purchases Cycle - Everything You Need to Know
Alok Suman
September 1, 2022

The purchase cycle refers to the overall process of processing a purchase order from start to end. Learn what the steps are and also what are the challenges.

Blanket Purchase Order - Benefits, Example, and How To Set It Up
Alok Suman
August 30, 2022

A blanket purchase order is a long-term contract between a buyer and a supplier to supply a product or service at certain shipment and pricing terms. Learn its benefits and how to set it up.

What is Purchase Order Cycle - Meaning, Steps, Why Automate It
Alok Suman
August 28, 2022

A purchase order cycle is a process of verifying and processing a purchase order. Learn the steps involved and why you should automate it.

Everything You Need to Know About Spot Buy
Alok Suman
August 27, 2022

Spot buy is something your company does in response to a need that arises at the moment and cannot be put off for later. Learn when spot buying happens and when it's ideal.

What Is Strategic Sourcing - Meaning, Process, Examples
Alok Suman
August 27, 2022

Strategic sourcing is a process to purchase the best possible products and services for optimal value. Learn the benefits and process involved in strategic sourcing

Purchase Order System - How to Make It on Hubler Platform
Vinay Agrawwal
July 27, 2022

In this article, know what a purchase order system is and find out if a purchase order is needed for your small business or not. You'll also learn how to build a purchase order system on Hubler with only a few steps.

Automate Your Purchase Requisition Form on Hubler Platform
Vinay Agrawwal
July 20, 2022

A purchase requisition form is internal document employees use to put requests for the purchase of goods for restocking purposes. In this article, learn why to use Hubler to make automated purchase requisition forms and how you can make it.