Purchasing Insight

Purchase to Pay, Purchasing & Procurement Process, Electronic Invoicing

We’re delighted to share the news that sharedserviceslink.com has announced the full line up for the Summit for Leaders in Finance Shared Services and Outsourcing 2011 on October 10th to 12th in Dallas, Texas. Speakers, facilitators and solution providers will come together to discuss practical and proven approaches that help finance functions drive down costs while delighting their end users and stakeholders. continue reading…

There are few that would disagree that Ariba sits firmly amongst the best in class procurement vendors. Its heritage goes back to the pioneering days of e-procurement and it has continued to innovate successfully ever since, diversifying its portfolio of solutions across the P2P spectrum. But while its procurement credentials are impeccable – the first P – how credible is Ariba at addressing the second P at the payment end of the spectrum? continue reading…

A leading global investment fund management company that manages billions of dollars worth of clients’ funds has chosen to automate its invoice processing with ReadSoft. The invoice automation deal is worth 312,000 USD and was signed during the second quarter of 2011. continue reading…

Basware is looking in good shape according the their H1 2011 interim report and Q2 earnings, just released and it seems to be in an acquisitive mood. Their numbers show continued consistent growth in financial results with a net sales growth of 7.2% to EUR 53 million compared to H1 last year. continue reading…

You get social media – I can tell because you’re using it now. And for those professional people who still don’t get it, they need to catch up soon. Now that Google has entered the fray with Google+, even the die hard cynics are going to realize it’s importance. But knowing it’s important doesn’t mean you understand it and not understanding social media in the corporate world can lead to anything from embarrassment to disaster.

So what are the worst mistakes you can make with corporate social media? We’ve compiled a short list based on real mistakes that real corporates are making today. continue reading…

It was good fun last week to do an interview with Matthew Garrow-Fisher on SSL radio last week all about the e-invoicing business case. continue reading…

It’s some time since I heard anyone claim that a pdf invoice was an electronic invoice – but people used to. Fundamentally missing the point of “e-anything” it seemed, some organisations would claim to be embracing the 21st century by replacing paper with pdfs. Fantastic! Well it would be if they didn’t print the soft copies in order to process them. This is not a joke. Even today, in 2011, I know of a bank – a global bank – that does just this. It’s pathetic! continue reading…