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A 10K employee company will use a finite number SaaS services, they should absolutely be well equipped for their financial staff to 'pay' for stuff, including s
by jariel 6y ago
A 10K employee company will use a finite number SaaS services, they should absolutely be well equipped for their financial staff to 'pay' for stuff, including software, using a variety of means, including credit cards, it's what they do all day, this is not a new concept and neither is the scale of it.
They buy toilet paper, cleaning fluids, pens, envelopes that way.
A team of '10' needs 10 licences, they have their rep. from the finance do that, if it's over $X amount it needs approvals etc. etc. it's not rocket science, just like the special chairs, the screen for the window, the special hard drive.
- dagw 6y agoThey buy toilet paper, cleaning fluids, pens, envelopes that way. I can assure you they do not (at least not in any company I have worked). They have pre-approved suppliers for all those things that are well integrated into our invoicing system. Adding a new supplier to that list is a major process. If I need a new one off hard drive I can either either ask IT to order it from the one approved computer component company or I buy it out of pocket and go through the reimbursement process.
- jariel 6y agoYes, of course many things are purchased through contracts. And many things are not. Every company buys stuff from Staples/Costco/Wallmart, one-off parts and supplies. The article mentioned having a 3rd party for the billing, indicating probably some kind of larger purchase, it's odd. Commercial Banking usually provide Amex/Visa linked accounts with limits, for a variety of things, it's not a new idea.
- alangibson 6y ago> Every company buys stuff from Staples/Costco/Wallmart, one-off parts and supplies. They have vendor relationships with them. The amount of stuff they're putting on the credit card is a rounding error.