The Blog - Part 91

P2P Perspectives – Why Procurement and Finance Need Each Other

10 Jan 2011 Posted by Pete Loughlin in Purchase to Pay

Purchase to Pay is crucial to making promised savings a reality. A great promised saving for a particular procurement category is worthless if you can’t prevent people in your organization going off piste when it comes to purchasing. And a great supplier relationship will be…

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Electronic Invoicing – The Green Options

06 Jan 2011 Posted by Pete Loughlin in Electronic Invoicing

Interviewed at the Accounts Payable Summit in London late last year, Pete Loughlin described the importance of taking the environmental impact of paper invoices seriously. But is it quite as clear cut as all that?

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Electronic Invoicing – Top Ten Tips To Choosing a Partner

21 Dec 2010 Posted by Pete Loughlin in Electronic Invoicing

Electronic Invoicing – Choosing the Right Partner Make no mistake – you’re not buying a solution – you’re buying into a partnership. Electronic invoicing has some major challenges: technical challenges; legal and tax challenges and commercial challenges. The success of an e-invoicing project is highly…

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No PO – No Pay – No Exceptions

20 Dec 2010 Posted by Pete Loughlin in Purchase to Pay, Purchasing Process

When attempting to enforce a Purchase to Pay policy getting suppliers on your side is one of the most effective measure you can take. When suppliers buy into your P2P processes, you’re halfway there.

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Basware vs Ariba – Open vs Closed

13 Dec 2010 Posted by Pete Loughlin in Electronic Invoicing, The Rest

For Ariba read OB10 and for Basware read any number of open eInvoicing networks. It’s a critical question. When embarking on an electronic invoicing strategy, do you choose an open network like Basware for it’s interoperability with other networks or do you choose Ariba for…

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Prompt Payment in Public Sector – Time to Wise Up

13 Dec 2010 Posted by Pete Loughlin in Prompt Payments, Purchase to Pay

Now let me make something crystal clear. I’m not a fan of free markets and I’m not a fan of the laissez faire capitalism that have led the western economies to the brink of collapse and I am a fan of properly funded public services…

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Procurement Process Problems in the Windy City

05 Dec 2010 Posted by Pete Loughlin in Procurement Process

The Procurement Process Should be Fit For Purpose The New York Times recently publish an interesting article on the difficulties in running a 21st century procurement process to support the growth of wind power in Chicago. They describe the procurement process as “byzantine” explaining that …

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