When conventional wisdom goes wrong

04 Nov 2016 Posted by Pete Loughlin in AP Automation, e-invoicing, OCR

Many times I’ve seen decisions on critical business IT hampered by conventional thinking. They used to say “nobody gets fired for choosing IBM”. Now, the safe thinking is to upgrade or otherwise remain with incumbent technology. This is perfectly understandable and often the wisest strategy…

Blockchain and the Transformation of Purchase to Pay

04 Nov 2016 Posted by Pete Loughlin in Blockchain, Procurement Best Practices, Procurement Process, Purchase to Pay

Blockchain is everywhere. Wherever you turn there’s a new application of this remarkable technology. It is already disrupting the financial services industry and some banks are even issuing their own cryptocurrency accounts apparently in direct competition to their own traditional core business. But the impact…

World Class Procurement Update

13 Oct 2016 Posted by Pete Loughlin in Hackett, Procurement Best Practices

World-class procurement organizations now have 18% lower operating costs than typical companies, and operate with 28% fewer staff, while generating more than twice the return on investment, according to new benchmark research from The Hackett Group. Digital business transformation is one key enabler to how…