At a time when wise use of resources, both from a commercial point of view and an environmental point of view, is seen as a priority, Purchase to Pay stands proud having had an environmentally friendly heart even before the green band wagon rolled into town. And that’s why I discard my cynicism when I see OB10 launching its Green program.
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...
In a thought provoking and incisive article by Tracy Bramlet, she describes in some detail the adverse effects on the financial supply chain following the disastrous explosion that sunk the Deepwater Horizon rig, killed 11 workers that initiated the current spill that is pumping 200,000 gallons of...
The selection of procurement software is no - absolutely not - a technical decision. The successful implementation of Purchase to Pay Processes in a global environment has many challenges. In a short series of items, Purchasing Insight discusses some of the pitfalls. In the second, we...
SRM remains a hot topic for organisations, and creating the business case for change is challenging. All of us understand SRM is the right thing to do, but putting absolute values on benefits achieved through an SRM programme is difficult. In 2009 State of Flux focused their survey around...