The Blog - Part 91

6 Things You Can Do To Improve Purchase to Pay

26 Nov 2010 Posted by Pete Loughlin in P2P Europe, Purchase to Pay

At a recent Purchase to Pay conference in Amsterdam, representatives from a wide range of industries got together to compare notes – warts and all – on their P2P programmes It is really interesting when a diverse group of Purchase to Pay professionals from different…

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The Future of P2P – Look to Lapland

24 Nov 2010 Posted by Pete Loughlin in Electronic Invoicing, P2P Europe, Purchase to Pay

I’m reading Jason Busch’s series on P2P in Spend Matters and the differences between the US and Europe. It’s an interesting thread and a topic that I’ve taken a close interest in. The European Perspective Historically the pattern has been that something gets invented or…

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Definition of Purchase to Pay

21 Nov 2010 Posted by Pete Loughlin in Purchase to Pay, The Rest

Very few definitions are definitive – if you know what I mean. Purchase to Pay, (if you prefer, Procure to Pay or P2P – they’re synonymous), is one of those. The “official” definition of Purchase to Pay according to the Chartered Institute of Purchasing and…

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Ariba Sale Completed

21 Nov 2010 Posted by Pete Loughlin in News

Kevin Costello, President, Ariba, comments on the completion of the sale of their sourcing and BPO businesses to Accenture: “The divestment of our sourcing services and BPO services assets is a very positive step in the evolution of Ariba that puts us one step closer…

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Ariba Moves in on Miners’ Marketplace

20 Nov 2010 Posted by Pete Loughlin in The Rest

Nov 19, 2010 (Datamonitor Financial Deals Tracker via COMTEX) — Ariba, Inc., a US-based provider of collaborative business commerce solutions, has signed a definitive agreement to acquire Quadrem International, Ltd., a Netherlands-based provider of supply networks and on-demand supply management solutions, for a consideration of…

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Elizabeth Arden in Procurement Outsourcing Deal

20 Nov 2010 Posted by Pete Loughlin in The Rest

Beauty products company Elizabeth Arden has signed a contract with procurement outsourcing specialist ICG Commerce as part of its strategic initiative to increase business efficiencies, the service provider has announced. Read more

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The New Financial Supply Chain Model – Reverse Factoring

16 Nov 2010 Posted by Pete Loughlin in Financial Supply Chain Management

Like many things in business, this isn’t a new idea. I clearly recall signing secrecy documents in order to take part in discussions with a bank in 1997 about how a new factoring model that would leverage the flexibility of the internet. It would transform…

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