Procurement focuses on obtaining goods and services to improve operations. It sources suppliers and vendors to supply goods, manages supplier relationships, and carries out record keeping. Every organisation needs resources, and procurement helps to negotiate and acquire them., Procurement often collaborates closely with the finance department, but it does not typically fall directly under finance. Instead, procurement is usually its own distinct function within an organization., Procurement and finance operations require different skill sets. Procurement teams typically focus on sourcing, category, vendor, and contract management, while finance teams deal with financial analysis, budgeting, and reporting. Separating these functions allows each team to specialize., Explore the key role of finance in procurement, including budget management, cost analysis, and ensuring strategic alignment to drive organizational efficiency and success., It is common to work through the procurement and accounting section of the host department or the organisation's main financial function. In these cases, the Project Manager usually maintains basic financial information as part of the project's control and reporting activities., Procurement and finance, while distinct functions within an organisation, are intricately interconnected, often joining forces to achieve common goals. Procurement’s core responsibility lies in acquiring vital goods, services, or works essential for seamless business operations..