Financial Supply Chain Management

So you think DPO is important? Well it is of course but manging it effectively comes at a price and it may be higher than you think. DPO (days payables outstanding) is an imoportant KPI for AP people but in many cases there is a hidden cost in keeping DPO figures high. It's the often significant opportunity cost of not taking discounts.

The more I look at the proposed acquisition of Ariba by SAP, the less sense it makes. SAP didn't need the functionality. They didn't need the brand. The Ariba shareholders will clearly be pleased to see this deal go through but what, I wonder, would an SAP sales guy be thinking and what would Ariba's competitors be making of it all?

There has been some criticism of OB10's user interface and so their users are likely to be pleased at the announcement today of a new version of their portal which, according to the press release, will "enhance the user experience, bring further efficiencies and transparency to the purchase-to-pay process, and deliver ground-breaking new services."

I was excited to read about Alusta last week – the end-to-end framework or platform that Basware have developed for their procure to pay offerings and I was keen to understand a bit more about it when I hooked up with Juha Häkämies VP Market Development, Rowan Lemley, product Marketing Manager and John Webster, VP Global Product Marketing What is Alusta exactly? Is it the purchase to pay panacea or simply vaporware – a new marketing spin on an old set of products?  Actually a bit of both – but in a good way.

Basware have just made a very interesting announcement and launched Alusta, a “cloud-based platform for business-to-business transaction collaboration." According to their announcement yesterday, Alusta (Finnish for "platform") provides "open, centralized access to all Basware services via a scalable, secure, open collaborative commerce ecosystem for buying and supplying organizations of every size and location." If it lives up to half of the hype, this will be a truly impressive platform. Alusta isn’t ground breaking. It isn’t even new thinking but what it promises is to bring together a wide set of leading edge tools technologies and techniques to create a purchase to pay platform that could be world beating. That’s the promise anyway. So what’s it got that’s so impressive?