The Blog - Part 5

Purchase to Pay – Are you ready for best practice?

18 Jan 2018 Posted by Pete Loughlin in AP Automation, Purchase to Pay

I learned an important lesson a few years ago that I’d like to share. I play guitar – not to a very high standard I have to say – but I do enjoy it and I love guitars. I made a mistake a few years…

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The e-procurement business case – the devil is in the detail

16 Jan 2018 Posted by Pete Loughlin in e-Procurement

You’re damned if you do and you’re damned if you don’t. Go into detail that is. Getting a business case agreed for e-procurement, or for any investment in back office technology for that matter, can be very difficult. The business case itself needn’t be difficult…

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If blockchain is so important, why is nobody using it?

15 Jan 2018 Posted by Pete Loughlin in Blockchain, Purchase to Pay

It’s very interesting. As at early 2018, despite all of the hype and excitement, there isn’t a single business that is successfully using Blockchain technology apart from those that buy and sell crypto currencies. This is the remarkably claim made by Nathaniel Popper, author of…

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Is your business ready to embrace the millennial mindset?

08 Jan 2018 Posted by Pete Loughlin in AP Automation, Blockchain, Purchase to Pay

Much is meant in mockery – the description of the millennials, their sense of entitlement and their unrealistic career expectations. I’m not quite sure from where this stereotype emerged. It describes the generation who were born into the internet powered, globalised economy who all go…

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Using Purchase to Pay technology as a driver for growth

11 Oct 2017 Posted by Pete Loughlin in Canon, Purchase to Pay Process, Purchasing Process

It can be quite difficult to illustrate the real benefits of purchase to pay improvements in a real, tangible way. You can’t touch and feel lower risk for example. Indeed it is very difficult to measure the improvement in fraud risk in any meaningful way….

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How to tackle siloed thinking when costs are in one bucket and benefits in another

05 Oct 2017 Posted by Pete Loughlin in Purchase to Pay

It’s hardly a new dilemma but not one that a 21st century enterprise should be proud to be still struggling with. It’s very typical of a Purchase to Pay (P2P) program that there is a conflict between costs and benefits. The motivation behind better P2P…

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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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