In a recent Ask the Expert webinar, Jason Busch and David Gustin joined forces to talk about what the latest is in the trade financing world – what is happening now and what we should expect in the future. You can check out the full recorded webinar here: Ask the Expert: The State of Trade Financing Technologies. Jason and David dissect the trade financing market – find out what's happening with solution providers, partnerships and what the current landscape looks like. As they say, there is lots of hype happening," but it's not all pretty!"
Category Archives: Trade Financing
Here on Spend Matters, we have written a lot lately on sustainable supply chain practices – specifically, with regard to McDonald's recent announcement it would take efforts to rid deforestation from its supply chain. Our sister site Trade Financing Matters also recently discussed the issue of sustainability in the article: Palm Oil and Sustainable Trade Finance. David Gustin, author of the article, writes about the problems with palm oil sourcing around the world. While the oil is in high demand, as it is used in a wide variety of products from soaps and lotions to foods, it's production can be problematic.
No time to wait! Register now for Thursday’s pop-up webinar at 10:30 a.m. CDT and learn How E-Invoicing Fits – A/P Automation, P2P, eProcurement, Trade Financing, Compliance, and Vendor Management. Join Jason Busch, founder and managing director at Spend Matters, and David Gustin, executive editor at Trade Financing Matters, as they address the most commonly asked questions regarding e-invoicing and supplier networks and how they fit into overall accounts payable, procurement, P2P, risk management and treasury.
A Guide for the Perplexed (Part 3): Final Observations on A/P Automation, E-Invoicing and Trade Financing
Today we will wrap up our list of a dozen observations included in our P2P, e-invoicing, A/P automation and trade financing guide. As noted in Part 1 of this series, there are a number of challenges that arise when A/P automation, e-invoicing and trade financing intersect. (You can also check out Part 2 here.) Below are observations Nos. 9-12 on this subject.
We get a ton of questions on how e-invoicing and supplier networks factor into overall accounts payable, P2P, procurement, treasury and risk management. Jason Busch, founder and managing director at Spend Matters, and David Gustin, executive editor at Trade Financing Matters, will team up for a pop-up webinar on Thursday at 10:30 a.m. CDT to address our most frequently asked questions on this topic. Register today for How E-Invoicing Fits – A/P Automation, P2P, eProcurement, Trade Financing, Compliance, and Vendor Management.
A Guide for the Perplexed (Part 2): Supporting A/P Automation, E-Invoicing and E-Procurement in One Solution – Is This Even Possible?
With apologies to the great scholar, philosopher and commentator Maimonides, our P2P, e-invoicing, A/P automation and trade financing guide to the perplexed continues with additional observations. Our first 4 observations were published yesterday. For each of the 12 observations in this series, we will provide additional commentary in individual posts throughout the month of May. Here are observations Nos. 5-8.
Coming out of Tungsten’s customer event last week, a number of thoughts rushed through my head around the market(s) in which the provider competes, and honestly, (even from my perspective) how confusing the company must be to an outsider, let alone insiders such as experienced customers, consultants and analysts. The thought occurred to me that it would be useful both for my own formal research plans and for our readers to informally capture some of these thoughts on paper, which is precisely what I’ll do in a series of posts exploring the contradictions and challenges inherent in the intersection markets of A/P automation, e-invoicing and trade financing.
Every so often, we have a discussion with an organization and come away with page after page of insights. Such was the case with a recent interview with a P2P process owner at a large Fortune 500 food/beverage company that had worked with 2 different vendors (Taulia and Xign) over multiple years for supplier enablement and enrollment for connectivity, invoicing and planned trade-financing activity.
Earlier this morning, Edmund (Edi) Truell, group CEO at Tungsten, kicked off the core of the US edition of Tungsten Insights 2015, the e-invoicing and trade financing provider’s customer conference. Before the first keynote and a quick introduction to the attendees from Rick Hurwitz, CEO of Tungsten Americas, I had the chance to talk to a couple of customers at breakfast, who were interested in global expansion of their supplier connectivity and e-invoicing programs (global appears to be a key theme). Check out our live coverage from the event!
Spend Matters recently spoke to a P2P process owner at a Fortune 500 beverage company. The hour-long conversation turned out to be a treasure trove of tips and tactics for improving the supplier enablement and onboarding process for e-invoicing and trade financing. Today, we continue the analysis looking at how this organization got more from the careful use of carrots rather than sticks as it brought suppliers up and running with Taulia (after previously using Xign). With supplier enablement and trade financing programs, this large food and beverage company found that carrots (and frequent, active and friendly communications) tend to work better than sticks, especially with strategic suppliers.
This Friday, April 17, Spend Matters Founder and Managing Director Jason Busch will join David Gustin, editor and co-founder of Trade Financing Matters, for The State of Trade Financing Technology, an Ask the Expert webinar, open to Plus and PRO members. The webinar, taking place at 10:30 a.m., will touch on a number of topics – you wont want to miss it.
Today we conclude our Q&A series with Taulia’s new CEO Cedric Bru. Spend Matters recently had the chance to ask Cedric some questions about his new role at the Saas financial technology vendor, the company as a whole and his take on the market. (You can check out Part 1 and Part 2, as well.) To wrap up our discussion, we ask Cedric for some of his expert advice.