Category Archives: Industry News

Ebola – The Deadly Butterfly Fluttering Through The Supply Chain

butterfly Unfortunately, as we all know, Ebola has rapidly gone from being an obscure illness to becoming the headline of the day. At Spend Matters we have followed this as well. While not ignoring the suffering of those afflicted, we wonder how this is changing supply chains around the world. So let’s take a renewed look based on what has happened lately. Currently primarily Liberia, Sierra Leone, Guinea, and secondarily, Senegal and Nigeria are affected – but the supply chain effects go further, far further.

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The Freelance Workforce and Services Procurement: What is Your Share of $1 Trillion in Spending?

- October 10, 2014 2:31 AM | Categories: Industry News, Learning / Research

MBO Partners just released its 2014 State of Independence in America workforce study. Based on surveys and interviews with of more than 11,000 freelance workers in the past 4 years, the annual report highlights the rise of both the part-time and full-time freelance workforce. These workers earn over $1 trillion annually in North America and represent what appears to be the fastest growing segment of the overall workforce based on MBO’s survey data and other analyses we’ve seen.

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Is Ebola Infecting Your Supply Chain? Spend Matters’ Continued Coverage of the Outbreak

- October 7, 2014 8:12 AM | Categories: Breaking News, Industry News, Procurement, Supply Chain, Supply Risk

It seems for the last week Americans have been waking up to hear more grim news about Ebola. What was once a deadly disease outbreak taking place thousands of miles away is now creeping up to our doorsteps. Spend Matters has been covering the Ebola epidemic in recent months, and we will continue to discuss this topic on our site in the coming week. Check out our latest Ebola coverage and stay tuned this week for more!

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Ask the Expert Webinar: Why is SAP Paying a Premium for Concur?

- October 2, 2014 8:08 AM | Categories: Ask the Expert, Breaking News, ERP, Industry News, M&A, Travel

Whether you are at the CPO level thinking about your ERP and other procurement solution strategy, or “merely” reporting your travel expenses through Concur, few have not heard about SAP’s outsized bid to acquire Concur. Approximately $8.3B in the largest acquisition of a SaaS provider to date. We invite our Plus and PRO members to join this week's Ask the Expert webinar on Friday, October 3 from 11-11:30am Central to hear what Spend Matters’ Jason Busch and Thomas Kase have to say about the deal.

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The Spend Matters Stock Portfolio – Just Like the Ryder Cup

- October 2, 2014 6:43 AM | Categories: Commentary, Industry Analysts, Industry News

We are now three quarters of the way through the year and through our 2014 stock portfolio competition between Jason Busch, representing the mighty USA, and me, Peter Smith, representing Europe. And I'm afraid, just like the Ryder Cup, it is turning into a bit of a non-contest, with Europe clearly ahead.

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Invoicing Discount Capture Goals: Taulia Customer Conference Dispatch

- September 24, 2014 12:14 PM | Categories: Analysis, Conferences, Industry News, Invoicing

Earlier today, I shared some of the highlights from an e-invoicing and discounting program implemented by a major North American telco provider. The results of combining e-invoicing with discounting together helped accelerate the hard-dollar return the program delivered outside of just A/P processing efficiency. In this post (Part 2 of "Phoning Home for Invoicing Discount Capture"), Jason Busch delves deeper into the company's goals with this solution.

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Phoning Home for Invoicing Discount Capture (Part 1) – Taulia Customer Conference Dispatch

- September 24, 2014 11:02 AM | Categories: Accounts Payable, Analysis, Conferences, Industry News, Invoicing, Technology

Yesterday at Taulia’s Customer Conference, a regional telecommunications provider shared its experience rolling out the Taulia solution for e-invoicing and discount capture. The firm, a $10 billion+ company, was previously receiving 15,000-20,000 paper and PDF invoices per month that were manually scanned before going into a traditional A/P process. Efforts were entirely manual, which resulted in the company only capturing 200 discounts per month from suppliers – as well as many data errors from duplicate and miss-keyed information.

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Peter Smith (Spend Matters UK/Europe) on Procurement Lifecycle Engagement (webinar: Sept. 30)

- September 24, 2014 2:16 AM | Categories: Industry News, UK/Europe

On Sept. 30 at 12 noon UK time, software firm Zycus is hosting a webinar featuring Peter Smith, managing editor of Spend Matters Europe. The title is: How to make a “cradle to grave” contribution: connecting purchasing with the wider organization to drive end-to-end value. Register here.

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More Dispatch From Taulia Customer Conference: Exploring Government Early Payment Moral Suasion in the UK, US and Canada

- September 23, 2014 3:58 PM | Categories: Breaking News, Conferences, Industry News

During his opening keynote earlier today, Taulia’s CEO and Co-Founder Bertram Meyer introduced how the UK, US and Canadian governments are all getting involved in the moral suasion game in various ways when it comes to getting corporations (and/or government) to pay suppliers earlier. Bertram also suggested France was not far behind in its own efforts, as more “governments [will] join the cause.” Read on to hear more of Jason's coverage of this event.

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Taulia Customer Conference Dispatch: P2P, Discounting and More

- September 23, 2014 12:25 PM | Categories: Breaking News, Conferences, Industry News

I landed in San Francisco late on Monday to attend the Taulia customer conference (Taulia Connect) that kicked off this morning. The event is growing fast with more than 200 attendees. Last year it was half that size, and before that, it was just a small get-together. Moreover, Taulia is still very much a recent entrant in the trade financing and P2P sector. While its roots are in dynamic discounting, Taulia now does quite a bit more, including delivering a broader e-invoicing platform, supplier portal as well as offering the option for third-party financing.

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Traxpay Raises $15 Million – Will Better Payment Models Transform P2P and Trade Financing?

- September 23, 2014 10:35 AM | Categories: Breaking News, Industry News

1373220202ctxl6-1 Earlier today, Traxpay announced it had raised $15 million from a set of financial and strategic investors, including Commerzbank. In the coming weeks on Spend Matters, we’ll be featuring a detailed interview I recently had with Traxpay CEO John Bruggeman. Traxpay is a truly fascinating, yet early stage vendor-focused on the dynamic payments space. It is not a competitor to the Ariba/SAP, Basware, Tungsten and Taulia type providers of the world, but rather a potential partner. It is, however, a serious threat to banks potentially to card companies as well.

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Concur and SAP/Ariba: Customer and Partner/Ecosystem Analysis and Recommendations

- September 23, 2014 10:15 AM | Categories: Analysis, Industry News, Technology

Since SAP’s announcement last week that it is buying Concur, Spend Matters has been busy covering the transaction from multiple angles. On the surface, it would be relatively easy to suggest there are more similarities than differences to SAP’s acquisition of Ariba for customers and competitors. But the transaction brings a substantially different set of variables to the equation for all parties in the market. In this Spend Matters PRO research brief, Thomas Kase, vice president of research, Jason Busch, founder and managing director, and Pierre Mitchell, chief research officer, provide analysis and an initial set of recommendations for SAP customers, Concur customers and Concur partner/ecosystem members.

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