Reach Next Level Procurement through Digital Value

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Written by: Emily Farrar – Digital Campaign Manager at Basware If you missed out on our webinar featuring The Hackett Group, read on for highlights and a link to view the on-demand version. Amy Fong with The Hackett Group has more than 20 years’ experience and insight into procurement, supply chain, and organizational effectiveness. She has expertise… Read more »

Written by: Ramon van Viegen – CFO at Onguard   Recently, the status of businesses across the globe has started to change. This is especially evident in UK industries and it has been evidenced in the press that the UK is set for one of the world’s highest rates of insolvencies. Many businesses are simply failing and… Read more »

Cutting Through the Complex Problem of Late Payments

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Written by: Martin de Heus – VP of Direct Sales at Onguard The issue of late payments is often seen as a major problem for small businesses only, with large corporates cast as the ‘villains’, wielding power by holding cash owed to their suppliers.  There is some truth in this assumption. According to YouGov, late payments… Read more »

How to Be More Effective in Procurement

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Written by: Kevin Bonsall – Product Manager, e-Procurement 87% of organizations faced a disruptive incident with suppliers in the last 2-3 years. Transforming into a strategic procurement organization is not an easy journey. But there are a few obstacles that procurement teams should address sooner rather than later when thinking about how to be more effective… Read more »

Written by: Lauri Palokangas – Director of Product Marketing Basware recently commissioned Forrester to conduct an independent analysis of the economic impact of our purchase-to-pay cloud solution. Read on to find out exactly how this study found a 307% ROI potential when organisations implemented Basware’s solution and aligned finance and procurement. Last week, we hosted a webinar… Read more »

10 Questions to Ask in a Purchase-to-Pay Demo

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Written by: Andrea Fair – Head of Global Presales     $1 million is wasted every 20 seconds collectively by organisations around the globe.1 Yes; you read that correctly – organisations are losing money to the tune of $1 million every 20 seconds due to poor project management practices, according to a recent survey from Project Management… Read more »

Cash in the bank matters

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When it comes to credit management, one thing you always need to remember is that cash is king. Sure, you need to build strong customer relationships and make sure that you’re providing great products and services – but in the end, if your business isn’t getting paid, the results could be disastrous. What’s so great… Read more »

Written by – Kevin Bonsall, Product Manager, e-Procurement   According to The Deloitte Global Chief Procurement Officer Survey 2017, 87% of the respondents agree that talent is the single greatest factor in driving procurement performance. But the rates of new hires and recent graduates pursuing a career in procurement is decreasing. That translates into a problem for… Read more »

What is Purchase-to-Pay and why would you automate?

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Written by – Jamie Taylor – Senior Account Manager   Purchase-to-Pay (sometimes referred to as Procure-to-Pay and often abbreviated to P2P) is shorthand for the process from point of order to payment, spanning the activities of requisitioning, purchasing, receiving, paying for and accounting for, goods and services. As such, the entire P2P process consists of a large number… Read more »