Purchasing Insight

Purchase to Pay, Purchasing & Procurement Process, Electronic Invoicing

There’s so much debate about interoperability and e-invoicing it’s difficult to know who is on which side of the fence. Indeed, if you look at it for too long the fence itself starts to move. But all will become clear within a couple of years because the balance of power is going to change. continue reading…

Kodak.

“Who?”

Exactly!

When you can see the tide coming in you do something about it. The problem for some businesses is that they don’t recognize the tide. This happened to Kodak, the photographic print manufacturer. They produced – still do produce – photographic film and paper. They thought that digital photography wouldn’t take off. How wrong can you get it? OK, they have diversified and now embrace digital but they were slow and too late and Kodak is  now a shadow of its former self. continue reading…

It’s been over a decade since the e-business machine was mobilised and it began to evangelise the use of the internet to deliver supply chain efficiencies. There were some big claims made about how much public sector organisations could save – some of which were valid, others a little optimistic – and despite scepticism in some quarters, the UK government, like most across the world, recognised that the new purchase to pay solutions that were emerging could deliver significant value. continue reading…

You know how useful standards are when you plug in an electrical appliance – the plug fits the socket. So it figures that we need an electronic invoice standard. We need the invoice plug to fit the AP socket. Right?

Wrong!

Count the number of B2B standards and regulations there are. That’s how many reasons there are not to send electronic invoices. continue reading…

Need a compelling reason to move to e-invoicing? Building a business case or developing a communication plan for it? Or just trying to evangelise electronic invoicing around your organisation? It’s so much easier if you can distill down the complexity into easily digestible succinct messages. And that’s why we love this infographic from Tradeshift. continue reading…

You can always tell when something new is here to stay when the older generations call for it to be banned. The riots in the UK this week, quite apart from being a huge wake up call for the British government, has been an eye opener for many about the power of social media. continue reading…

I wonder if it’s just me that recalls that embarrassing teenage episode when one of your friends declares their new membership of the biker club. Proudly carrying their full face helmet, they don’t volunteer that they haven’t actually managed to save enough money for the bike yet. I cringe when think of it the same way I cringe when I hear CPOs claim their savings. continue reading…