The Blog - Part 3

Using Purchase to Pay technology as a driver for growth

11 Oct 2017 Posted by Pete Loughlin in Canon, Purchase to Pay Process, Purchasing Process

It can be quite difficult to illustrate the real benefits of purchase to pay improvements in a real, tangible way. You can’t touch and feel lower risk for example. Indeed it is very difficult to measure the improvement in fraud risk in any meaningful way….

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How to tackle siloed thinking when costs are in one bucket and benefits in another

05 Oct 2017 Posted by Pete Loughlin in Purchase to Pay

It’s hardly a new dilemma but not one that a 21st century enterprise should be proud to be still struggling with. It’s very typical of a Purchase to Pay (P2P) program that there is a conflict between costs and benefits. The motivation behind better P2P…

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e-procurement – accommodating all categories is not easy, but it can be done

29 Sep 2017 Posted by Pete Loughlin in e-Procurement

Sheena Smith at Spend Matters wrote a piece today encouraging readers to contribute the strangest line items they have ever been asked to approve. The examples she gives include a huge golden pencil, 10 burritos and an alphabet made of server wire. I have a…

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Blockchain at eWorld

27 Sep 2017 Posted by Pete Loughlin in Blockchain, Purchase to Pay

I enjoyed attending eWorld in London yesterday to speak on the impact of blockchain on P2P. Blockchain is a very popular topic and we had to be moved to the largest conference room in the QEII to accommodate to large number of people that chose…

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How do you halve the size of your operational purchasing team? Easy!

24 Aug 2017 Posted by Pete Loughlin in e-Procurement, e-Procurement Software, Purchase to Pay, Purchase to Pay Process, Purchasing Process

It is easy to halve the size of your operational purchasing team – in theory at least. If you double the number of catalogue managers you have, you can cut the size of your operational purchasing team by 50% OK, it’s not scientific, it’s a…

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Are e-procurement solutions necessary anymore?

09 Aug 2017 Posted by Pete Loughlin in Blockchain, Procurement Best Practices, Procurement Process, Procurement Software, Purchase to Pay, Purchase to Pay Process, Purchasing Process

In the early days of e-procurement – the 1990s – the solutions that were emerging were transformational and to understand why, we need to recall what the procurement landscape was like then. For a start, people didn’t have computers on their desks and if they…

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The “keep the plane flying” fallacy

25 Jul 2017 Posted by Pete Loughlin in Purchase to Pay

There is a culture in many organisations that the only investments that will be made in back office are those that “keep the plane flying” – in other words to do the minimum to maintain the back office so that it doesn’t fail completely. I…

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