AP Automation

Lies, damn lies and AP automation metrics

Posted by Pete Loughlin in AP Automation

It’s ironic. The very statistics that show the compelling case for AP automation also show that AP automation is the last thing a business needs to be planning. Today at Kofax Transform 2012, Scott Pezza from Aberdeen (@scottpezza) presented a comprehensive set of numbers illustrating…

Brainware snapped up by Lexmark

Posted by Pete Loughlin in AP Automation, News

Lexmark International have announced the acquisition of Luxembourg-based BDGB Enterprise, including its U.S. subsidiary Brainware for a cash purchase price of approximately $148 million. According to the report in Streetinsder this acquisition is “consistent with Lexmark’s capital allocation framework of pursuing acquisitions to support the…

Basware’s new purchase to pay platform – they’ve been peeking at my wish list

Posted by Pete Loughlin in AP Automation, e-invoicing, e-Procurement, Financial Supply Chain Management, P2P Europe, Purchase to Pay, SaaS, Social Media, Supplier Networks, Supply Chain Finance

Basware have just made a very interesting announcement and launched Alusta, a “cloud-based platform for business-to-business transaction collaboration.” According to their announcement yesterday, Alusta (Finnish for “platform”) provides “open, centralized access to all Basware services via a scalable, secure, open collaborative commerce ecosystem for buying…