The Blog - Part 33

Buyers to benefit from blend of Basware and BravoSolution

17 Sep 2013 Posted by Pete Loughlin in AP Automation, e-invoicing, Purchase to Pay, Purchase to Pay Process

Please forgive the contrived alliteration but it had to be done. Today, Basware and Bravo solutions announced a partnership that appears to create a powerful synergy from their individual strengths. Both best-in-class P2P solution providers. BravoSolutions’ key strengths are in spend analysis and eSourcing while…

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Crossflow Payments – another entrant into the busy supply chain finance arena

11 Sep 2013 Posted by Pete Loughlin in AP Automation, Electronic Invoicing, Supply Chain, Supply Chain Finance, Working Capital Management

Q4 2013 may well be remembered as the inflexion point for AP automation and supply chain finance. The synergy between e-invoicing and supply chain finance (SCF) has been recognized for some time but the reality of business is that despite the benefits staring us in…

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AP automation – how to get to 90% straight through processing

10 Sep 2013 Posted by Pete Loughlin in AP Automation

My good friend and opposite number at Spend Matters, Jason Busch, had the privilege to speaking to Clalit Healthcare services a some time ago to understand how they’ve managed to achieve such high levels of straight through processing in their accounts payable. Clalit Healthcare Services…

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Tradeshift announce a $3 billion fund to support small business

10 Sep 2013 Posted by Pete Loughlin in Financial Supply Chain Management, Supply Chain Finance, Working Capital Management

I’d grown accustomed to the sunshine that we’ve enjoyed in the UK for most of the summer and yesterday, ill-equipped for normal British weather, I got soaked, literally to the skin, in an unexpectedly heavy rain shower in London. Summer’s almost gone and there’s definitely…

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The next evolutionary phase of e-invoicing

06 Sep 2013 Posted by Pete Loughlin in AP Automation, e-invoicing, Electronic Invoicing

When it comes to electronic trading, the Latin Americans, most notably Brazil, Mexico, Argentina and Chile, put the so-called developed countries to shame in terms of their ambition. While the Europeans continue to support business processes hardly changed since they were developed by the spice…

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OB10 listing – it gets even more interesting

04 Sep 2013 Posted by Pete Loughlin in AP Automation, e-invoicing, Electronic Invoicing, Spend Analysis

The news that OB10 is to go public broke last night – actually a little prematurely – but now it’s official and Tungsten and OB10 have announced their intentions. I spent 20 minutes on the phone with a delighted Luke McKeever, OB10’s CEO, earlier today…

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The e-invoicing world to be set alight as OB10 gets snapped up

04 Sep 2013 Posted by Pete Loughlin in AP Automation, e-invoicing, Electronic Invoicing

The deal isn’t done yet but that could change as early as later today. It seems that Tungsten, an investment vehicle established by Edmund Truell, founder of private equity firm Duke Street Capital, has OB10 in it sights as part of a strategy to acquire…

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