The Blog - Part 5

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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Blockchain’s transformational impact on Accounts Payable

21 Jul 2017 Posted by Pete Loughlin in Blockchain

It seems that Blockchain will have an impact everywhere. That is if you believe the hype. But is it hype or are the predictions of the near future just as insightful as those of the early 1990s that described how the internet would change many…

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Perfect Commerce to be Acquired by Proactis

07 Jul 2017 Posted by Pete Loughlin in News

According to the press release issued today, the proposed acquisition of Perfect Commerce is “Transformational” and will significantly accelerating PROACTIS’ strategy. Here’s the rest of the press release: PROACTIS, a global Spend Control and eProcurement solution provider, today announces that it has conditionally agreed to…

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