Purchasing Card

16 Apr

Posted at 12:05h in Compliance, e-Procurement, e-Procurement Software, Purchase to Pay, Purchase to Pay Process, Purchasing Card by
1 Like
Ask anyone who’s worked in more than one purchasing organization. When it comes to technology, they’re not normally what you would describe as model implementations. Supplier data all over the place, catalogues out of date, Heinz 57 varieties of purchasing system. Purchase to Pay processes are very rarely joined up and if purchase to pay really is the plumbing of your organization, you’d be drowning. But before you beat yourself up about your role in this chaos, ask yourself the question: Why is it that everything is always a mess?

14 Nov

Posted at 15:55h in AP Automation, e-invoicing, Electronic Invoicing, Purchase to Pay, Purchasing Card, Supplier Networks by
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OB10 can make some great claims. They might like to claim to be the biggest and they'd certainly want to claim best. I think they can legitimately claim to be the first. But these superlatives are very much double edged. "First" also means oldest and "biggest" can mean least agile. So how can OB10 maintain their leading position? Last week I had the great pleasure of meeting Luke McKeever, their new CEO, who told me.

05 Jun

Posted at 06:48h in e-invoicing, e-Procurement, Electronic Invoicing, Financial Supply Chain Management, Purchase to Pay, Purchase to Pay Process, Purchasing Card, Supply Chain by
1 Like
The purchasing card is a great business tool. It empowers people to make purchases without the need for a complex and often expensive purchasing process. When a low value item costs less than the cost of the purchasing process itself, it makes sense to cut through the purchase to pay red tape. But the purchasing card is beginning to show it age.  It hasn't really kept up with technological change surrounding it. The merchant fees are excessive, in a low interest rate economy the business case makes no sense and as far as reporting goes, purchasing cards have been trumped by electronic invoicing. Is it the end of the road for the purchasing card?

10 Nov

Posted at 16:04h in Dynamic Discounting, e-Procurement, Electronic Invoicing, Procurement Software, Purchase to Pay, Purchasing Card by
1 Like

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