Author: Richard Manson
23 Oct 26 is a magic number
Today, another post from Richard Manson from CloudTrade Let’s start at the beginning. What do we know about 26? Wikipedia - the font of all knowledge - tells me that 26 is ‘the natural number following 25 and preceding 27’. OK, I can go with this. That’s pretty accurate I guess. But I know it is more than that. So what else? Apparently a shape with 26 faces is a rhombicuboctahedron. But, hey, my 2 year old could have told me that... (Note to self, remember that for the next pub quiz). It is the atomic number for Iron (also useful for the pub quiz). But moving away from impressive ways to win £50 on a Thursday night... What else do we know? The 26th letter and the last letter of the English alphabet is Z. It is the length of a marathon (26 miles and 385 yards to be exact). The human foot and ankle has 26 bones. 26 is the total number of cases on the US version of Deal or No Deal. ....OK, I feel we are now slipping back to the realms of the pub quiz. So we can see there are many interesting instances of the number 26. Yet the most important (in our eyes at least!) seems to be missing. And without wishing to question the accuracy of Wikipedia, I feel it my duty to reveal the most important, yet missing, reference.11 Jul Supplier Charging – a False Economy
Today, a post from Richard Manson from CloudTrade I recently received an email from a disgruntled supplier, unhappy at the request they had received from a customer asking them to submit their invoice via the ‘leading global e-invoice network’. Their frame of mind wasn’t a reaction to the physical act of submitting electronic invoices – though they did say they weren’t impressed by the limited submission options available, and were concerned about the impact it would have on their business. Their dismay was that they were being asked to pay for the privilege of sending their own invoices to their customer - and pay far more than it would cost them to use the standard postal service!11 Jun Extending the reach of your EDI program
Today, Richard Manson from CloudTrade explains how EDI programmes can be transformed to extend their reach. EDI is nothing new. In fact it has been around since the 1970’s. So why do most organisations that venture down this route still find it so hard to on-board suppliers? It’s not just the number of suppliers that are able and willing to adopt EDI, but also the time it takes to get suppliers on-board. To get an insight into the issues, let’s first step through the typical supplier adoption process.10 Mar PDF Invoicing – dispelling the myths (with a bit of help from the Bard)
Today, we're deligthed to welcome another guest post from Richard Manson from CloudTradeTruth is truth, to the end of reckoning
I often hear the statement (usually from market space competitors) that PDF invoicing is not really electronic invoicing. Yet, in most cases this statement is simply not true. Before we get in to the details, we first need to agree on what an e-invoice is.13 Feb E-invoicing – back to basics
Today we're pleased to welcome a post from Richard Manson from CloudTrade.
E-invoicing means different things to different people. For some it can be an enabler for supply chain finance and initiatives such as dynamic discounting. For others it provides visibility of spend and support for sourcing and rationalisation opportunities.
Complementary services and related marketing jargon have evolved hand in hand over the years but they mask the real reason why most organisations want to roll out e-invoicing: Organisations have paper - loads of it. Most companies simply want to remove as much of it as possible from their processes to reduce operating costs and increase control and visibility. So if the goal for most is to simply remove paper – and it’s an accepted fact that e-invoicing benefits all – why aren’t more people doing it?