The Blog - Part 6

Holding a mirror up to corrupt practices

15 Nov 2016 Posted by Pete Loughlin in Procurement Best Practices, Purchase to Pay, Purchase to Pay Process, Purchasing Card

As a consultant, I’ve often had privileged access to corrupt procurement practices. But I’m not going to blow the whistle on anyone – the thing is, the participants in this corruption, 9 times out of 10 at least, don’t realise they are corrupt. I am not…

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President Trump: Procurement, Supply Chain and Policy Perspectives – an alternative view

11 Nov 2016 Posted by Pete Loughlin in Supply Chain

I read with interest Jason Busch’s assessment of the world of procurement and supply chain in the impending Trump era. I tend to agree with Jason that Trump’s pre-election rants were more bluster than real commitments. His view on tax policy is interesting too. Economists…

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When conventional wisdom goes wrong

04 Nov 2016 Posted by Pete Loughlin in AP Automation, e-invoicing, OCR

Many times I’ve seen decisions on critical business IT hampered by conventional thinking. They used to say “nobody gets fired for choosing IBM”. Now, the safe thinking is to upgrade or otherwise remain with incumbent technology. This is perfectly understandable and often the wisest strategy…

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Basware simplifying operations to focus on boosting cloud growth

04 Nov 2016 Posted by Pete Loughlin in Basware, News, Purchase to Pay

Earlier this week, Basware announced the launch of what it describes as a “productivity programme” designed to “simplify its operations and increase scalability”. The aim is to accelerate the growth of its cloud-based business and increasing productivity. In a press release this week, Basware’s new…

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Blockchain and the Transformation of Purchase to Pay

04 Nov 2016 Posted by Pete Loughlin in Blockchain, Procurement Best Practices, Procurement Process, Purchase to Pay

Blockchain is everywhere. Wherever you turn there’s a new application of this remarkable technology. It is already disrupting the financial services industry and some banks are even issuing their own cryptocurrency accounts apparently in direct competition to their own traditional core business. But the impact…

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Don’t beat yourself up over poor P2P – you could be working in an insurance company

14 Oct 2016 Posted by Pete Loughlin in Purchase to Pay, Purchase to Pay Process

Your purchasing processes are inefficient and your AP team struggles to pay on time. Whatever irritates you about your purchase to pay processes, don’t beat yourself up about it because however bad it seems there is always worse. 25 years ago I left a career…

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