documenting price reasonableness
https://acornmetric.com/s/B25uquYgWQwxdPgjBw7uk
Documenting price reasonableness is something I started doing after a few procurement audits left me scrambling to justify my choices. I now keep a simple spreadsheet where I log quotes from multiple vendors, note why I chose one over another, and attach market research or historical prices. It feels tedious, but when my boss asks why we paid that amount for a service, I can just pull up the file and show the logic. It saves me from having to remember details months later and keeps the finance…