The Blog - Part 5

Urgent action is required by UK business to prepare for the new payment practice and performance rules

08 Mar 2017 Posted by Pete Loughlin in Purchase to Pay

Recent UK legislation could have a damaging effect on many British businesses if they are not sufficiently prepared. From April 2017, many UK based business are required to publish statistics showing how they pay suppliers. If they are seen to be routinely paying suppliers late, either deliberately…

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P2P trends – the future of purchase to pay

26 Feb 2017 Posted by Pete Loughlin in Canon, P2P Europe, Purchase to Pay

Surprisingly, Europe is distinctly immature when it comes to the implementation of P2P technologies. In a survey across 12 European Markets it was found that most businesses that they have yet to fully control spend using Purchase Orders (PO) and half say they have less…

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CloudTrade and Capita Collaborate

22 Feb 2017 Posted by Pete Loughlin in CloudTrade

CloudTrade announced today that its e-invoicing solution has been selected to be part of Capita Integrated Business Solutions’ (Capita) transformational partnership programme to help drive efficiency savings across the public sector. CloudTrade’s hosted e-invoicing solution will speed-up the processing of customer invoices, at the same…

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NHS selects best in class catalogue solution

17 Feb 2017 Posted by Pete Loughlin in NHS

Those in the UK may have heard about it. Those in the UK’s National Health Service certainly know about it. As the NHS strives to become more efficient, procurement and purchase to pay are high on the agenda and as momentum continues to build within…

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Defining Scope in an e-procurement Project

03 Feb 2017 Posted by Pete Loughlin in e-Procurement, e-Procurement Software, Purchase to Pay, Purchase to Pay Process

There is a wide variety of factors to be considered when defining what is and what isn’t within the scope of an e-procurement project. Who are the users? Which parts of the business will be included? Which business process will be embraced and in particular,…

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Cloudtrade secures U.S. patent for Gramatica

11 Jan 2017 Posted by Pete Loughlin in CloudTrade, News, Taulia

CloudTrade announced today that its proprietary document data extraction software has been awarded a patent by the U.S. Patent and Trademark Office (U.S. Patent No. US 20130318110 A1). The patent covers CloudTrade’s Gramatica software, which uses unique artificial intelligence (AI) rules with backward tracking search,…

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Selecting a P2P vendor – assessing the price model

06 Jan 2017 Posted by Pete Loughlin in Procurement Software, Purchase to Pay

When it comes to price models for Purchase to Pay solutions, there are as many as there are providers. Some charge per transaction either as a flat fee or as a percentage of the value of the transaction. Some charge suppliers, some don’t and some…

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