Insights

07 Apr

Posted at 11:37h in Purchase to Pay, Purchase to Pay Process, Purchasing Process by
1 Like
Have you ever installed the plumbing in a large office? Neither have I. And if I did I would hold out much hope of it not springing a leak or two. It's a complicated business and you would think twice about having your corporate plumbing  installed by anyone other than a trained professional. It's a shame that most organisation don't apply the same rigour when it comes to installing P2P processes. It's a useful analogy. Installing only half of the purchase to pay process is like installing half of the plumbing. Turn the water on and it will be like a monsoon. Both ends of P2P need to be joined up - but knowing which purchasing component joins with which payment component isn't always obvious.

04 Apr

Posted at 08:38h in Social Media by
1 Like
It used to be the preserve of the geeks then the teenagers and the silver surfers and finally just about everybody started to embrace social media. And corporations have got on the band wagon too. There's been lots of debate recently about whether twitter or social media generally is an important tool in the business world with many remaining unconvinced of its worth. But despite the scepticism, corporate twitter accounts, facebook pages and company blogs are now becoming firmly established as important marketing and information channels. But this can be  dangerous - very dangerous indeed, because to get things wrong is worse than not doing anything at all.

30 Mar

Posted at 15:19h in e-invoicing by
1 Like
We're delighted to welcome Lars Kjærsgaard as one of our first guest bloggers. Lars is an International Sales Manager & Account Manager at EDB Consulting Group in Denmark and has some great insights into successfully moving toward 100% electronic invoicing. In my mind there exist at least 5 methods/ways to either automate or semi-automate invoice entry:

20 Mar

Posted at 19:11h in Electronic Invoicing, Intelligent Data Capture, Purchase to Pay, Purchase to Pay Process, Purchasing Process by
0 Likes
AP automation has got a bad name for itself in some quarters. You will often hear of projects that meant well but either failed to meet expectations or were abandoned completely. There are many reasons why projects fail such as poor change management or lack of sufficient resource but for AP automation projects, there are three particular issues that crop up again and again in failed or disappointing projects.

17 Mar

Posted at 01:42h in e-Procurement, Electronic Invoicing, P2P Europe by
1 Like
Purchasing InsightThe press releases from Iron Mountain recently raised a few eyebrows amongst the e-invoicing community. The announcement that they were to set up a 500 person strong unit in Europe to offer e-invoicing services to business was met with some surprise. Well, it seems, according to a source close to what is going on, that the U.S. based firm, known for it's traditional archiving offering, is coming to play in the relatively mature e-invoicing market in Europe with its eyes wide open. We understand that Iron Mountain will be bringing a number of products to the market, underpinned by a strategic alliance with Basware, one of the leading, established e-invoicing players.