Archive for Procurement
Discover how inefficient, fragmented processes and systems are affecting your bottom line, why buyer-supplier collaboration is key to developing a healthy business and what role technology is playing in improving the procure-to-pay processes for business globally
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The customer is already using Basware’s accounts payable solution, and the cooperation will be expanded to cover the entire purchasing process, catalog services, and inbound and outbound e-invoicing with supplier activation services.
Read MorePalette has introduced version 6.2. of its core solution suite, PaletteArena. This version includes significant new features to enhance procurement functions and enable easy, in-depth analysis of an organisation’s spending.
Key enhancements in PaletteArena Version 6.2 include a completely new user-guided process for creating and approving purchase requisitions before ordering; the new PalettePunchoutLayer service, which enables mapping of all web-shops in to the PaletteBuyer procurement module; and the new PaletteSpendManagement service.
Several studies have shown that in B2C e-invoicing, stick works well better than a carrot: penalty fee for paper invoice receiving has dramatically boosted the e-invoice adoption, especially in telecommunication and utilities. But what about B2B?
For suppliers, e-invoice will usually satisfy only the customer requirements and may save some transaction and processing costs. But is there something else to be gained?
For employees to be their most productive they need the proper tools. Tradeshift’s Collaborative Workflow is such a tool as it integrates suppliers into the conversation.
For instance, if an invoices that is automatically forwarded to the customer’s ERP system with the appropriate metadata, contains any error it is immediately brought to an employee’s attention through the Tradeshift Collaborative Workflow interface and they can instantly act and correct. Invoices without a purchase order, get routed to the appropriate people within the enterprise who can approve, reject, forward the invoices and add metadata such as general ledger account number or cost center number – before forwarding it to their ERP system.
By automating much of the traditional work required to process transactions employees are free to work smarter & solve problems: with multiple user accounts, automation of repetitive time-consuming tasks and device responsiveness.
The Belgian Federal Government decided to reuse e-PRIOR for e-Invoicing in the future, it’s a system that’s already used by the European Commission. Aren’t these Belgians clever? We know, we know, you’d rather build your only little infrastructure for a couple million euro.
Read MoreThe agreement includes purchase and contract lifecycle management, order matching, catalog management, exchange of purchase messages as well as supplier activation services.
Read MoreTrendwatcher Vincent Everts suggested that providers should shift their focus to going mobile. And providers are slowly but surely acting upon this advice, like Basware. The provider has announced the availability of Basware Mobile 1.2, bringing the procurement process to iOS- and Android-powered smartphones and tablets.
Read MoreMediusflow Integration Gateway 3.0 is part of the complete workflow platform Mediusflow that helps companies to achieve a significantly higher degree of automation and user adoption. And Medius announced that it now has a certified integration with SAP.
Read MoreWhy can you buy a book so easily on Amazon.com but find it so hard to source the goods and services you need to run your business? How can you manage your personal finances and pay your bills on time online yet have no idea what you’re spending with whom, or when you’ll get paid, at your company? Collaborative Commerce For Dummies, Ariba Special Edition, is designed to help you with these and a lot more questions.
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