e-invoicing
26 Oct The enterprise application bad guys
You can tell who the good guy is - he wears the white cowboy hat. But enterprise application vendors don't wear hats so how do you tell them apart?25 Oct Ariba bought b-process. Is this the start of the e-invoicing land grab in Europe?
I was taken aback. I really hadn’t seen that one coming. It wasn’t the acquisition by Ariba of b-process that surprised me though – it was the fuss that was made about it.25 Oct Tradeshift – pioneer then disappear?
I wrote recently about Tradeshift’s new instant payment model. I was enthusiastic. I still am. But I had some misgivings – quite serious misgivings actually. The thing about taking a disruptive approach in any market place is that you have to be very sure of yourself. Not in an arrogant or conceited way. Sure of yourself in the sense that you are sure that you’re going in the right direction – sure that you have the right team and most important of all, sure you have the backing to survive what could be a difficult journey. Tradeshift are taking on more than the e-invoicing players. They’re taking on the banks too. They’re developing a new model that could change things and their competition aren’t going to take it lying down. My concern was that without some serious financial backing, Tradeshift are likely to go the way of many before them – pioneer, then disappear. But then I read this in the Wall Street Journal.17 Oct Making sense of invoice management
We're delighted to welcome Simon Shorthose, MD Readsoft UK, as a guest contributor If you had to choose one overarching theme that sums up business in recent years it would be the focus on cost reduction. And rightly so, cutting the flab and improving the bottom line, makes sound business sense, and there are many tools in the market that have helped organisations become leaner and more cost effective. The problem is that whilst achieving cost reduction is a valuable activity in the short term, it invariably fails to quantify original costs or provide the capability to conduct on-going monitoring of processes or give a route to future growth. This is why operational feedback on how a business is performing is so important if a company is to keep ‘on track’ and become smarter, more agile and better aligned with strategies that drive improved business practice, customer relationships and profit.14 Oct Looking under the hood of the Tradeshift enigma
Posted at 15:33h
in e-invoicing, Electronic Invoicing, Financial Supply Chain Management, Supply Chain Finance
Tradeshift are an enigma. Their revenue model may have you perplexed. Their tagline "Shift Happens" might raise an eyebrow and their animation for the launch of their Instant Payment offering - well is isn't exactly Pixar.
But don't let it fool you. Behind the enigmatic facade of Tradeshift is a brave business model - a business model that is going to fundamentally change the rules of supply chain finance. And this week, I spoke to Tradeshift's charismatic CEO, Christian Lanng, who, in his own words, began to "reveal the riddle that is Tradeshift"