The Blog - Part 6

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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Don’t confuse purchase to pay efficiency with purchase to pay effectiveness

14 Jun 2017 Posted by Pete Loughlin in eProcurement, Purchase to Pay

Have you ever been put on the spot? You have an audience that trusts you to know the answer and you have to hold your hand up and say – I should know, but I don’t. In this case, the audience was an international audience….

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Overcoming resistance to change means telling people the way it really is

14 Jun 2017 Posted by Pete Loughlin in AP Automation, e-Procurement, Purchase to Pay

Despite “change management” being an overused phrase it remains, as a concept, undervalued. There’s a real challenge in getting people to change the way they do stuff because often, the way they do stuff is much better than the way you propose. So how do…

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The Purchase to Pay Surge

10 May 2017 Posted by Pete Loughlin in Hackett, Purchase to Pay

There appears to be a new wave in Purchase to Pay. I’ve probably said this many times before but there are signs that P2P is becoming a big deal again. At the turn of the century (and it’s now safe to use that expression without…

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Basware Introduce S2P capability

09 May 2017 Posted by Pete Loughlin in Basware, Strategic Sourcing

Today, Basware announced that its Purchase-to-Pay (P2P) solution is strengthened with a new strategic sourcing offering, providing customers with a full one-stop shop for the entire Source-to-Pay (S2P). Through easy-to-use solutions for source-to-pay, Basware claims to deliver its customers and their suppliers full end-to-end capabilities…

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