What gets measured gets managed. It's a slightly tired truism but it's very relevant to Purchase to Pay and, sadly, often overlooked. Most P2P (Purchase to Pay) projects are justified as a means to reduce cost. They introduce efficient processes that allows purchasing payment and accounting...
Companies across the globe are missing out on the opportunity to make huge financial savings by introducing efficiencies in accounts payable. There’s nothing new in that. But it’s not just the opportunity to save cash by using P2P efficiencies that is being missed. Current practices...
Whatever stage of P2P maturity your organisation is at, it is almost certainly not world class. You see, you might be good. You might even be very good but you’re never as good as you could be. That’s why it’s good sometimes to know how...
Whenever I hear professionals using jargon, I'm reminded of the story about the newcomer to the monastery. The new monk is enjoying getting to know his surroundings and learning the customs of his new communal life. After dinner on his first evening,...
At a time when the global economy remains uncertain, lending difficult to secure and the light at the end of the recession tunnel still somewhat ambiguous, spending millions of dollars on new IT is not a high priority. For small to medium sized businesses (SMB)...