In the depths of a recession, discretionary spend is the first targetfor cost avoidance and Enterprise application upgrades are easy to avoid. But if your organization uses PeopleSoft Financials 8.8, 8.9 or 9.0, an upgrade to 9.1 might just make sense as a means of…
In a recent report by Celent they report the surprisingly low rates of adoption in parts of Asia. China, Japan and India in particular are relatively slow to integrate electronic invoicing. Why is this suprising? The reasons for the slow adopting include tardy implementation of…
Imagine this conversation between two fishermen: “How many fish did you catch?” “I saw 4 huge fish.” “But how many did you catch?” “I caught 2 but I saw 4.” “You mean you caught 2 fish?” “OK – I caught 2 fish.” Does it remind…
Peter Smith in Spend Matters recently wrote about his naivety as a young purchasing manager thinking that corruption always happened somewhere else. Well, as he writes, it doesn’t and as Peter points out in a few examples, it is not just in far flung places…
Category management is nothing new. Retailers have used category management your years as a means of synergizing their marketing efforts on entire product groups rather than individual brands. In recent years this practice has been adopted in procurement also. There are 5 main areas of…
That’s right. P2P doesn’t work – at least it doesn’t work most of the time – not because it can’t work – but because it is implemented in a dysfunctional environment. Until you fix the dysfunction, P2P will not deliver. (See: What is Purchase to…
P2P Europe On 16th March 2010, the Council of the European Union agreed on a general approach on a draft directive aimed at simplifying VAT invoicing requirements, in particular as regards electronic invoicing. As reported in this press release, the draft directive sets out to ensure the acceptance…