Supply Chain Finance

07 Mar

Posted at 15:07h in AP Automation, Financial Supply Chain Management, Purchase to Pay, Purchase to Pay Process, Social Media, Supply Chain Finance by
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I was excited to read about Alusta last week – the end-to-end framework or platform that Basware have developed for their procure to pay offerings and I was keen to understand a bit more about it when I hooked up with Juha Häkämies VP Market Development, Rowan Lemley, product Marketing Manager and John Webster, VP Global Product Marketing What is Alusta exactly? Is it the purchase to pay panacea or simply vaporware – a new marketing spin on an old set of products?  Actually a bit of both – but in a good way.

01 Mar

Posted at 14:52h in AP Automation, e-invoicing, e-Procurement, Financial Supply Chain Management, P2P Europe, Purchase to Pay, SaaS, Social Media, Supplier Networks, Supply Chain Finance by
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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 and supplying organizations of every size and location." If it lives up to half of the hype, this will be a truly impressive platform. Alusta isn’t ground breaking. It isn’t even new thinking but what it promises is to bring together a wide set of leading edge tools technologies and techniques to create a purchase to pay platform that could be world beating. That’s the promise anyway. So what’s it got that’s so impressive?

24 Feb

Posted at 11:25h in AP Automation, Dynamic Discounting, e-invoicing, Electronic Invoicing, Financial Supply Chain Management, Supply Chain Finance by
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Today, we're delighted to welcome a guest post from Lars Rolf Jacobsen - Financial Solutions Manager at Tradeshift. Size matters. Throughout history, it has always been the case that the bigger company in a relationship has all the power. And financial transactions are no exception to this rule. But the rise of the internet has leveled the playing field in some aspects of business. Now, any small company can use Skype to communicate for free with suppliers and buyers across the world. Whole workforces can be recruited and managed through the web, meaning that talent is cheaper and easier to control. And with e-commerce, any company can market and sell a product to a global audience.

02 Dec

Posted at 09:55h in Supply Chain Finance by
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Ask a bunch of people what Ariba is great at and you'll get a range of answers. Some will say they were one of the great dot com success stories. Some will say e-procurement and e-sourcing. Others will say Ariba Supplier Network (ASN) and a few will even say e-invoicing. But I'd be bowled over if any said "dynamic discounting". Ariba has more customers actively using dynamic discounting to generate substantial saving for the business than anyone else but their PR machine sounds like it's still 1999.

14 Oct

Posted at 15:33h in e-invoicing, Electronic Invoicing, Financial Supply Chain Management, Supply Chain Finance by
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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"