The Blog - Part 9

NHS team in Scotland commended for their innovative e-procurement work

11 Mar 2016 Posted by Pete Loughlin in e-Procurement

At least twice a year, someone somewhere launches a new idea that they call e-procurement. I launched one in the mid 1990s and if the truth be known it wasn’t that new then. It’s difficult, after 20 years immersed in the world of P2P to…

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Change Challenges – how to interpret objections to change

04 Mar 2016 Posted by Pete Loughlin in Purchase to Pay

It’s not saying anything new or ground breaking to say that the implementation of P2P or any component of it is a change challenge. In 2016 the technology is mature, robust and familiar and there are enough case studies out there to give anyone confidence…

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Basware – putting its money where its mouth is

03 Feb 2016 Posted by Pete Loughlin in Basware

Basware’s financial results for 2015 are very positive. They show a steady and secure business with a solid foundation and while they haven’t set the world alight in recent years there is something about their self-belief and commitment to the future that is inspiring. I…

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The appointment of a new CMO at Taulia accompanies the posting of record results

26 Jan 2016 Posted by Pete Loughlin in News, Supply Chain Finance, Taulia

Taulia announced impressive results yesterday and at the same time named their new CMO, Barbara Holzapfel. In their press release they highlight some achievements which further confirm their leading position in the Supply Chain Finance Market which appears to be growing at a phenomenal rate. The…

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Tesco apologises for delayed payment to suppliers

26 Jan 2016 Posted by Pete Loughlin in Prompt Payments

To most readers, it is no surprise. Tesco, one of the UK’s largest grocery retailers deliberately delayed paying suppliers in order to improve their own financial position. We are not surprised because it is commonplace for large businesses to use their supply chain like a…

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We are now arriving in the digital economy – turn your watch back 40 years

26 Jan 2016 Posted by Pete Loughlin in AP Automation, e-invoicing, e-Procurement, Electronic Invoicing, Purchase to Pay

40 years ago – a little more than 40 years ago actually, the UK pound was divided into 20 shillings. Each shilling was divided into 12 pennies. There were thrupenny bits and tanners, half crowns and florins. How do I know this? Because I was…

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Taulia raises a further $46 million

14 Jan 2016 Posted by Pete Loughlin in Taulia

If anyone was in any doubt that the supply chain finance market was in the doldrums today’s announcement from Taulia should confirm that that simply isn’t the case. The market is on fire. Taulia the financial supply chain company, today announced that it raised $46…

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