Companies have been slow to adopt e-invoicing solutions and are still largely using paper processes to handle most of their invoices and payments, according to a new study conducted by industry association IAPP-TAWPI and released this month by Basware. The study, "e-Invoicing from a...
Brainware, Inc., the leading provider of intelligent data capture and enterprise search solutions, and Taulia, creator of the Taulia Invoicement® Suite for optimized dynamic discounting, buyer-supplier collaboration and data analysis in accounts payable, have entered into a partnership to deliver an advanced...
It's standard business practice. Chase customers for payment as soon as possible and pay your suppliers as late as possible. Cash is king and in some industries - retail being a prime example - cash flow is the pivot of profitability that can make the...
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 dreamed up ...
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...
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...