Is It Even Worth Centralizing Procurement for a Mid-Sized Company?
We’ve been growing fast, but procurement is all over the place. Everyone's using different vendors, different systems, and we’re bleeding money. Is centralizing procurement actually practical for a 200-person company? Or is that more of a big enterprise thing?
We centralized last year. The process was rough, but the results were solid. Biggest change was better control over spend. Just make sure you don’t overcomplicate the tools.
It’s absolutely practical. What helped me realize that was when we ran a report showing we were paying four different prices for the same exact printer ink. That was the wake-up call. What tipped me in the right direction was stumbling across this post when researching smarter finance operations precoro blog It explained how AI and centralization can help CFOs save without micromanaging. I used to think this was overkill for a mid-size business, but it actually saved us time and frustration—especially when we rolled out a unified approval workflow.
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