The Blog - Part 6

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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Tradeshift on the acquisition trail acquires IBX Business Network

08 Mar 2017 Posted by Pete Loughlin in News, Tradeshift

Tradeshift and Capgemini have entered into an agreement under which Tradeshift will acquire Capgemini’s IBX Business Network. The combination of Tradeshift and IBX will create the world’s largest business commerce platform connecting nearly 1.5 million businesses and more than 500 global enterprise customers that have…

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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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