European businesses have been pursuing paperless invoicing for years to increase efficiencies, reduce errors as well as the data that must be interpreted and re-keyed. And yet the growth remains somewhat constrained as countries struggle with the implementation and nuances of compliance.
There’s no question of the potential benefit of paperless invoices for business, but how [...]
Continue reading about Realizing the Full Potential of E-invoicing Means Closing the Loop
Research carried out by Procurement Leaders in April this year into the number of procurement professionals that command a board seat in the world’s largest companies painted a picture of our profession growing in stature and influence said PL’s David Rae.
According to their research, the number of Euro-500 companies which have procurement at board level increased by 32% [...]
Continue reading about Procurement Profession Growing In Stature and Influence?
Are data extraction tools the next big thing? Is Oprah having an effect on your supply chain. This and more in today’s lunch links:
Data Extraction Tools: Next Big Thing?
Spend analysis company Rosslyn Analytics is the latest company to have dusted down its crystal ball to produce five predictions for 2010.
It believes that data extraction tools will [...]
Continue reading about Today’s Intelligent Supply Management Lunch Links
I was watching the news about a company that had failed the other day. Nothing new there. A lot of companies have gone down during this recession. What was interesting was that the business reporter covering this demise pointed out that that the company had taken drastic measures to survive and made numerous changes, but [...]
Continue reading about Why Change Management Often Fails as an Economic Band-Aid
Business is picking up as the global recession, while certainly not gone, recedes a little bit. Here are some lunch links for you:
Think Best in Market, Not World Class, in Developing Markets, Walmart’s Gary Maxwell Says
When trying to penetrate developing and emerging markets, think “Best in Market,” not “World Class.”
That was a key component of [...]
Continue reading about Lunch links: Think Best In Market – Not World Class