Purchasing Insight

Purchase to Pay, Purchasing & Procurement Process, Electronic Invoicing

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We’re delighted to welcome Lars Kjærsgaard as one of our first guest bloggers. Lars is an International Sales Manager & Account Manager at EDB Consulting Group in Denmark and has some great insights into successfully moving toward 100% electronic invoicing.

In my mind there exist at least 5 methods/ways to either automate or semi-automate invoice entry: continue reading…

AP automation has got a bad name for itself in some quarters. You will often hear of projects that meant well but either failed to meet expectations or were abandoned completely. There are many reasons why projects fail such as poor change management or lack of sufficient resource but for AP automation projects, there are three particular issues that crop up again and again in failed or disappointing projects. continue reading…

Purchase to Pay, P2P and Dynamic DiscountingIt takes several iterations of a good idea and a bit of sex appeal before it catches on. The iPhone wasn’t the first multifunctional device – it was just the first on the market to package everything up into an object of desire. I clearly recall explaining to a friend: “The camera is inferior, it doesn’t have Flash and the battery life is useless. But just look at it. I don’t care if it doesn’t work – I want one!” There’s a kind of mysterious synergy – the sum of the parts don’t add up to much but somehow, the whole is huge. It’s the same with some business and technology innovations. And in the invoicing space, it’s beginning to have a remarkable effect. continue reading…