The Blog - Part 18

Tungsten’s rationalisation of supplier fees – why stop there?

04 Dec 2014 Posted by Pete Loughlin in e-invoicing, Electronic Invoicing

A few weeks ago, Tungsten, the e-invoicing people, announced a ‘simplification’ of their tariff structure for suppliers using their network. The change follows a successful pilot in the UK during which one major buyer reported that supplier adoption of Tungsten e-Invoicing increased from 55% to 64%…

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P2P Summit Las Vegas October 2014

02 Dec 2014 Posted by Pete Loughlin in Purchase to Pay

The nearest I’d ever been to Las Vegas was reading Fear and Loathing by Hunter S Thompson. A place were money can buy you virtually anything. Where the rules and standards of behaviour adopted by contemporary western civilisation are suspended. Clearly, the perfect location to…

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Three ways that mobile is transforming procurement

19 Nov 2014 Posted by Pete Loughlin in e-invoicing, e-Procurement, Electronic Invoicing, Purchase to Pay, Spend Analysis, Spend Analytics

New technologies always promise to disrupt – it’s nearly always hype or enthusiastic futurology manifesting itself as over excitement that hasn’t really been thought through. But it’s not always hype and it’s great to see optimistic expectations actually being delivered in the real world. I…

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The most exotic spend category? – I think I win

12 Nov 2014 Posted by Pete Loughlin in Purchase to Pay

I’m growing increasingly uncomfortable about disclosing how many years I’ve been consulting in the P2P space but spending many years doing the same sort of thing does give you a rich store of anecdotes and war stories. Something I do take a quiet delight in…

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A blast from the past – a not so new new-entrant in the spend management space

05 Nov 2014 Posted by Pete Loughlin in e-Procurement, e-Procurement Software, Spend Analytics

Like buses, you wait for one for ages then two come at once. It was only a few weeks ago I was speaking to Perfect Commerce – a rebranding of one of the great names of the past, CommerceOne – and this week I had…

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Every little helps

04 Nov 2014 Posted by Angus Craig in Procurement Best Practices

Shoppers and investors were taken by surprise when Tesco announced a £250m black hole in their profits last month. Tesco’s suppliers, however, were not. The supermarket, the second-largest retailer in the world, has been under pressure for some time. Shoppers are increasingly turning their backs…

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Back to basics – the difference between price and cost

26 Oct 2014 Posted by Pete Loughlin in Purchase to Pay, Purchase to Pay Process

When implementing Purchase to Pay, the strength of the objections to change can be surprising. People prefer paper. They don’t want to change. They want things immediately and they refuse to follow new processes. They think they can get a better deal themselves compared to…

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