The Blog - Part 33

Hackers are hungry – the dangers of storing credit cards locally

21 Oct 2013 Posted by Rick Ricker in AP Automation, Purchasing Card

The amount of sensitive data on the servers of mid-to-large enterprises can be quite shocking. Included in the data could be credit card numbers. Locally storing your customer’s credit card data can be a risky proposition as your company could fall victim to a costly…

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The Prompt Payment Code – time for the government to get tough

13 Oct 2013 Posted by Pete Loughlin in AP Automation, The Rest, Working Capital Management

The BBC reports today the the Prompt Payment Code – a UK government backed initiative to encourage big business to pay on time – isn’t working. In other news, the sun came up this morning and it is expected to get dark sometime tonight. The…

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Once is unusual, twice is a trend

11 Oct 2013 Posted by Ian Burdon in Procurement Process, Public Sector Procurement

A couple of months ago I was looking at a pre-qualification questionnaire (PQQ) issued by a London Borough. It contained something that I had not seen before – a mandatory requirement for two references to be sent directly to the authority, by the referees, as…

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I’m walking backwards for Christmas

09 Oct 2013 Posted by Ian Burdon in AP Automation, e-invoicing, e-Procurement, Electronic Invoicing, EU Commission, P2P Europe

In October 2008, some colleagues and I were in Brussels for a European Commission/PEPPOL session. Halfway through the morning we called our office travel agents and asked if they could book us onto earlier flights home and left. During the morning session I wrote in…

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Jack Perschke joins the Crossflow team

08 Oct 2013 Posted by Pete Loughlin in Financial Supply Chain Management, Supply Chain Finance

Crossflow Payments has made two senior appointments in as many weeks. They have just announced that Jack Perschke has joined the company as Commercial Director. Jack brings significant experience of complex commercial-led change from both his past roles with Ernst and Young’s advisory practice and his own commercial strategy business. He…

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BPO – the enabler of best practice

07 Oct 2013 Posted by Pete Loughlin in AP Automation, BPO

The nature of business process outsourcing has evolved and changed. In the past, it was simply about reducing cost – shipping jobs abroad where skills were cheaper. And while that rather unsophisticated body shopping model is not yet entirely a thing of the past, it…

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A key appointment at Crossflow Payments strengthens their London team

03 Oct 2013 Posted by Pete Loughlin in Financial Supply Chain Management, Supply Chain Finance

New appointments in the supply chain finance arena provide further confirmation if any was needed that this is a space to watch. Crossflow Payments, a relatively new entrant, has just announced the appointment of Tony Pinn, former Head of Supply Chain within Trade Finance at…

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