Reading Into Implied Contracts.

Reading into implied contracts is a legal term that refers to the process of inferring the existence of a contract from the actions or words of the parties involved. This can be done either by looking at the surrounding circumstances or by examining the parties’ conduct. In either case, the court will look to see … Read more

What You Should Know About Purchase-to-Pay.

The term “purchase-to-pay” (P2P) describes the process that a company uses to purchase goods and services and then pay for those goods and services. The P2P process typically involves four main steps: requisition, purchase order, receiving, and invoice processing. The requisition step is when a company decides that it needs to purchase a good or … Read more

What is outplacement?

The term outplacement is used very frequently in the business world, more specifically in the sector of human resources. The meaning of outplacement is the different mechanisms that an organization adopts to assist an employee who is left without a job after a restructuring. There are a number of essential aspects that are included in … Read more