Tagged Content: L2

How Will Payments and Supply Chains Change by 2025? – Straight Talk With Traxpay’s John Bruggeman (Part 5)

- October 2, 2014 2:25 AM | Categories: Procurement, Procurement Commentary

Wrapping up our interview series with Traxpay’s John Bruggeman, we turn to questions of risk and safeguards with new supplier payment models and conclude by examining how payments could change how supply chains look by 2025. Also see our first, second, third and fourth installments published earlier this week in this series as well. Enjoy!

more ▸
 

Killer Apps – Straight Talk with Traxpay’s John Bruggeman (Part 4)

- October 1, 2014 2:27 AM | Categories: Procurement Financials, supplier networks

Picking up where we left off in our interview with Traxpay’s John Bruggeman, we come to the potential “killer apps” for dynamic payments and also consider the changes in efficiency that will come as cash moves through the supply chain more efficiency. See also our first, second and third installments in this series as well. Enjoy!

more ▸
 

What Sets Dynamic Payments Apart – Straight Talk With John Bruggeman of Traxpay (Part 3)

- September 30, 2014 2:32 AM | Categories: Finance, Invoicing, Procurement Financials

Our interview series with Traxypay’s John Bruggeman continues today as we begin to get into the nitty-gritty detail of what comprises dynamic payments – and how dynamic payments differ from traditional static bank and card payments.

more ▸
 

What Happened To Payment Technology? – Straight Talk with John Bruggeman of Traxpay (Part 2)

- September 29, 2014 2:28 AM | Categories: Finance, Invoicing, Technology

In the first installment of our interview with Traxypay’s John Bruggeman, we explored the background that led him to see an opportunity with Traxpay to target the payments area to extend the reach of purchase-to-pay, order-to-cash, supplier network and related solutions to an expanded set of suppliers. Today, we continue the discussion. Enjoy!

more ▸
 

Straight Talk with Traxpay’s John Bruggeman (Part 1)

- September 26, 2014 6:33 AM | Categories: Invoicing, P2P, Procurement Commentary

Earlier this month, I had the chance to interview Traxpay’s John Bruggeman. Traxpay is an upstart with the potential to bring significant disruption to the payments sector – and significantly expand the value proposition of a range of trade financing/discounting, e-invoicing, P2P and supplier network providers. In this multi-part interview series, I’ll share the highlights from my conversation with John. Enjoy. And if you work for a bank, put on the payments flak jacket – you might need it!

more ▸
 

Centralized vs. Decentralized Procurement: Centralization Theory Takes a Great Leap Forward (Courtesy of Peter Smith)

- September 25, 2014 2:26 AM | Categories: Analysis, Procurement Commentary, Procurement Research

A couple of days back, we introduced our readers to the notion of a Center Led Action Network (CLAN) concept for structuring procurement, courtesy of my colleague Peter Smith (who recently authored the paper: . More than 10 years ago, Peter took this thinking a step further by introducing a more advanced CLAN, or Strategically Controlled Action Network (SCAN) as he termed it.

more ▸
 

Centralized vs. Decentralized Procurement: Seeing the Benefits and Challenges of Centralization

- September 23, 2014 2:28 AM | Categories: Analysis, Procurement, Procurement Commentary, Procurement Research

On the surface, centralized procurement seems preferable to the alternative. As my colleague, Peter Smith observes, “It is perhaps easier to see the potential benefits of centralization than the drawbacks. Centralization means control – being able to control the suppliers and contracts that the organization uses. It means procurement can develop capability, and aggregate spend more easily.” This article continues our "Centralized vs. Decentralized Procurement" series on Peter Smith's paper.

more ▸
 

SAP Buys Concur for $8.3B – A Great Deal (But Out of Necessity, Not Strength)

- September 19, 2014 8:02 AM | Categories: Analysis, Breaking News, Commentary, M&A, Supply Networks, Technology

Three members of the Spend Matters team ended up on the SAP and Concur investor call that was held just under an hour after the acquisition announcement. In the coming days, look for much more analysis on Spend Matters PRO with specific insight into how the T&E acquisition is likely to impact SAP customers, competitors and the general marketplace. But first, in the spirit of public service for investors, CPOs, IT staff, travel managers and a general procurement audience to really understand what is happening behind the scenes at SAP and with the Concur transaction, we offer some public commentary, taking the metaphor of the stage.

more ▸
 

Accenture Spend Trends Report: Travel Category Intelligence – Exploring Corporate Cards and T&E

- September 18, 2014 2:22 AM | Categories: Analysis, Procurement, Travel

There are certain areas of procurement that all too often remain their own fiefdoms – sometimes effective, sometimes not – with little influence or management from center-led or overall functional leadership. Travel is one of these areas. But the opportunity to drive savings from better managing travel spend – and even to generate income through rebate programs – is significant indeed. The Q2 Accenture Spend Trends Report highlights a handful of travel savings opportunities including suggesting more active programs to source corporate cards (including p-cards).

more ▸
 

Mastercard and Basware – Exploring Payments and Discounting (A Tragic Irony)

Earlier this month, the Mastercard and Basware teams shared with Spend Matters and Trade Financing Matters a very comprehensive survey-based research study the two firms (and partners) had completed over the summer months. The study, based on responses from more than 1,000 finance professionals (on both the accounts receivables and accounts payables side of the fence), provides a very global view of where cash management and payments stand today (respondents from 10 countries are represented in the data set, and each country had approximately 100 responses). The survey participants were best represented by the SMB market segment (e.g., only 11 percent of respondents had 5,000 or more employees). In a series of posts exploring the data and findings, the Spend Matters team will highlight some of the more useful elements that the research surfaced as well as select analysis and recommendations by the authors. We’ll share some of our insights as well.

more ▸