SourceDay Blog

Can Your Company Survive Without Communication?

Can Your Company Survive Without Communication?

SourceDay

Communication is important. It’s safe to say that’s an understatement in any industry. Consider this, The Society for Human Resource Management estimates poor communication costs larger companies (100,000 employees or more) up to $62.4 million annually. Smaller companies (100 employees or less) average losses in the amount of $420,000 per year. Even though our communication tools are …

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Is your PO’s status: ‘Not my Problem’?

Is your PO’s status: ‘Not my Problem’?

SourceDay

Of all the statuses a purchase order may be assigned – waiting for approval, approved, pending revision, cancelled – the very worst is ‘Not my Problem’. That unofficial (but very real) designation puts POs into a dangerous state of limbo that may be hard to resolve, leading to discontented suppliers and wasted time. This is …

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