The Blog - Part 8

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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Managing conflicts of interest in the procurement process

03 Jan 2017 Posted by Pete Loughlin in Procurement Best Practices

One of the most commonly cited situations that illustrates poor procurement process is nepotism – the appointment of a supplier with a close personal connection with someone in the business. It’s not an ideal situation and it can lead to accusations ranging from simple favouritism…

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Breaking out of the Procurement bubble

19 Dec 2016 Posted by Pete Loughlin in Procurement Best Practices, Procurement Process

Everyone sits at the centre of their own little bubble. The department we work in is, if not the most important, certainly a linchpin or at the very minimum a crucial cog in the works. At least, that’s how it seems from inside the bubble….

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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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