- P2P technology has been commonplace since the 1980s but many mid-sized companies have not invested, despite recent developments making solutions more practical and cost-effective.
- The key benefits of P2P systems for mid-sized companies are direct cost savings of 2-3% from spend avoidance, 5-10% from negotiations, and improved spend control and value from third party spending.
- Recent cloud-based solutions are quicker and easier to implement than older on-premise systems, reducing costs and disruption for organizations.
White paper achieving the most economically advantageous applications solutio...Newton Day Uploads
This is a White Paper that I produced in 2010 on the subject of how organizations have the potential to always achieve the most economically advantageous application solution for their business by insourcing IT thanks to the evolution of near-real-time applications authoring.
Many businesses consider their telecom system a utility—an asset base that is just there and hardly worth thinking about. Yet that very nonchalance is a symptom of just how essential communications systems are. Ask most organizations what they would do without phone and Internet access, and the answer would likely be that their business would come to a screeching halt. The communications portfolio has become that important to businesses today—and, ironically, all too often taken for granted.
The cloud: financial, legal and technical. Presentation by Morgan Hill, Amazon and Taylor Wessing. Held on Tuesday, 14th Sep 2010 at The City Club, London.
CTRM in the Cloud – Research and ReportCTRM Center
The data generated by our survey of the industry suggests that, in general, Energy and/or Commodity Trading and Risk Management (E/CTRM) buyers are increasingly open to considering alternatives to traditional “on- premises” implementation models including both SaaS and hosted in the cloud delivery. While a small, but committed, minority continue to resist anything but the traditional on-premises implementation approach, the overwhelming majority of respondents will consider SaaS/hosted in the cloud for a variety of vertical application areas in and around commodity trading.
Despite that finding, only 16% of those who responded to the survey actually utilize a SaaS or hosted in the cloud E/CTRM solution, and while the data strongly suggests a great deal of interest in the cloud for E/CTRM, it does indicate that the final procurement decision isn’t necessarily a slam-dunk in favor of the cloud. Though 54% of our respondents would consider a SaaS/hosted in the cloud alternative, there are indications that the final decision is still more likely to lean toward a traditional installation on-premises – at least for now. ComTech’s forecast growth rates of 15% per year for SaaS/hosted in the cloud solutions do seem to be reasonable but may accelerate in the future if a sufficient numbers of trading firms adopt the model, are successful with it and are willing to advocate the approach to their peers in the industry. Overall, this finding is in agreement with broader studies such as those conducted by Gartner that found that interest in cloud-based solutions is primarily in horizontal applications such as accounting, HR or billing; and that as a result of buyer concerns around integration and ability to customize, the uptake of cloud-based vertical applications like CTRM lags somewhat.
The environment of physical energy and non-energy commodity trading and marketing has grown increasingly complex, marked by globalization bringing about rapid changes in supply and demand patterns, increased regulatory scrutiny and evolving trading and reporting rules, volatility along the entirety of the physical supply chain, and increasing uncertainty as to future price movements. In order to react to these changes quickly and appropriately, participants in these markets must increasingly rely on a sophisticated infrastructure of software and technologies to ensure a complete view of their trading positions and external market conditions that can quickly and severely impact their values. The core component of these now requisite trading and marketing technologies are energy and commodity trading and risk management (CTRM) systems. As market complexity has increased and multi-commodity trading has become more common, CTRM solutions have had to become more sophisticated and provide a greater depth of capability in order to capture and value the unique characteristics of the multitude of physical commodities being transacted along the physical supply chain, from source to market. Given the capabilities of these CTRM systems, they do represent a significant investment for any trading or marketing organization, generally trailing only the large scale ERP solutions, like SAP, in terms of costs to purchase and implement. Allegro Development, one of the world’s largest CTRM solutions providers, engaged Commodity Technology Advisory to conduct a survey of a number of their clients to determine their views as to the value of their investment and the operational and financial impacts of deploying Allegro’s CTRM solution. This report summarizes the results of that survey and discusses the key considerations for any company seeking to develop their own assessment of the value of their CTRM technology investment via a Return on Investment (ROI) calculation.
White paper achieving the most economically advantageous applications solutio...Newton Day Uploads
This is a White Paper that I produced in 2010 on the subject of how organizations have the potential to always achieve the most economically advantageous application solution for their business by insourcing IT thanks to the evolution of near-real-time applications authoring.
Many businesses consider their telecom system a utility—an asset base that is just there and hardly worth thinking about. Yet that very nonchalance is a symptom of just how essential communications systems are. Ask most organizations what they would do without phone and Internet access, and the answer would likely be that their business would come to a screeching halt. The communications portfolio has become that important to businesses today—and, ironically, all too often taken for granted.
The cloud: financial, legal and technical. Presentation by Morgan Hill, Amazon and Taylor Wessing. Held on Tuesday, 14th Sep 2010 at The City Club, London.
CTRM in the Cloud – Research and ReportCTRM Center
The data generated by our survey of the industry suggests that, in general, Energy and/or Commodity Trading and Risk Management (E/CTRM) buyers are increasingly open to considering alternatives to traditional “on- premises” implementation models including both SaaS and hosted in the cloud delivery. While a small, but committed, minority continue to resist anything but the traditional on-premises implementation approach, the overwhelming majority of respondents will consider SaaS/hosted in the cloud for a variety of vertical application areas in and around commodity trading.
Despite that finding, only 16% of those who responded to the survey actually utilize a SaaS or hosted in the cloud E/CTRM solution, and while the data strongly suggests a great deal of interest in the cloud for E/CTRM, it does indicate that the final procurement decision isn’t necessarily a slam-dunk in favor of the cloud. Though 54% of our respondents would consider a SaaS/hosted in the cloud alternative, there are indications that the final decision is still more likely to lean toward a traditional installation on-premises – at least for now. ComTech’s forecast growth rates of 15% per year for SaaS/hosted in the cloud solutions do seem to be reasonable but may accelerate in the future if a sufficient numbers of trading firms adopt the model, are successful with it and are willing to advocate the approach to their peers in the industry. Overall, this finding is in agreement with broader studies such as those conducted by Gartner that found that interest in cloud-based solutions is primarily in horizontal applications such as accounting, HR or billing; and that as a result of buyer concerns around integration and ability to customize, the uptake of cloud-based vertical applications like CTRM lags somewhat.
The environment of physical energy and non-energy commodity trading and marketing has grown increasingly complex, marked by globalization bringing about rapid changes in supply and demand patterns, increased regulatory scrutiny and evolving trading and reporting rules, volatility along the entirety of the physical supply chain, and increasing uncertainty as to future price movements. In order to react to these changes quickly and appropriately, participants in these markets must increasingly rely on a sophisticated infrastructure of software and technologies to ensure a complete view of their trading positions and external market conditions that can quickly and severely impact their values. The core component of these now requisite trading and marketing technologies are energy and commodity trading and risk management (CTRM) systems. As market complexity has increased and multi-commodity trading has become more common, CTRM solutions have had to become more sophisticated and provide a greater depth of capability in order to capture and value the unique characteristics of the multitude of physical commodities being transacted along the physical supply chain, from source to market. Given the capabilities of these CTRM systems, they do represent a significant investment for any trading or marketing organization, generally trailing only the large scale ERP solutions, like SAP, in terms of costs to purchase and implement. Allegro Development, one of the world’s largest CTRM solutions providers, engaged Commodity Technology Advisory to conduct a survey of a number of their clients to determine their views as to the value of their investment and the operational and financial impacts of deploying Allegro’s CTRM solution. This report summarizes the results of that survey and discusses the key considerations for any company seeking to develop their own assessment of the value of their CTRM technology investment via a Return on Investment (ROI) calculation.
Presentation Only: Case Study for Implementing Successful eBilling StrategiesJOSH CARROLL
This is the presentation of a live webinar held by Plymouth Rock Assurance, Striata, and Western Union Payments entitled, "A Case Study for Implementing Successful eBilling Strategies"
Understand and execute on the data inside your B2B payments that will help grow your business.
https://www.corcentric.com/resources/whats-hiding-b2b-payment-data/
How Insurers Bring Focus to Digital Initiatives through a Maturity Looking GlassCognizant
When planning a digital initiative, it’s critical to understand where your company stands today and how it can get to where it needs to go. A new framework lets insurers assess their digital maturity, identify how best to move ahead, and gain insight into the practices of industry digital leaders to guide their own efforts.
The Power of Complete AP Automation WebinarTradeshift
The Impact of Harmonious Supplier Relationships
Imagine supplier inquiry calls into your AP department being a thing of the past. Next envision being able to automate and maximise supplier discounts.
Attend this webinar to gain insights on how to:
- Achieve the highest levels of e-invoicing adoption and onboarding
- Communicate and transact with your supplier network in real-time
- Engage new technologies to achieve 100% e-invoicing with all your suppliers
- Complete AP automation cycle with savings opportunities through dynamic payment terms
- Become more profitable by paying suppliers early in exchange for a discount
- Automate accounts payable with case studies presented
Presenters:
Christian Hjorth, Chief Commercial Officer, Tradeshift
Joe Hyland, Global Head of Marketing, Taulia
http://tradeshift.com/enterprise/events/
Automating Payables for the SME Market: Diving Head First into AP AutomationAnybill
This Technology Insight report is for small and mid-sized enterprises with an interest in payables automation. The report includes the latest adoption statistics, current thinking, best practices, strategies, and key performance indicators for evaluating and selecting the solution that meets your needs.
Digital Transformation Requires a "Subscriber-First" ApproachBrian Metzger
Communications service providers (CSPs) are under intense competitive pressure to increase revenues and strengthen subscriber loyalty in markets around the globe. In order to thrive in this environment where over-the-top (OTT) players and other providers have utilized CSP networks to deliver innovative services, CSPs are now primed and ready to undergo digital transformation and develop new digital products and services that enhance the digital lifestyle of their subscribers.
Extensible DNS-based platforms and subscriber-centric applications are key enablers of digital transformation. They offer a more complete view of the customer and provide greater service agility to put subscribers in control of their own digital experiences. Once considered to simply be the “phone book” of the internet, the domain name system (DNS) has moved beyond the realm of passive internet look-up functionality and is now at the heart of digital transformation.
ERA's Purchasing update - Market Intelligence - from January 2017. Articles on Facilities Management, Water, Hybrid Mail, Food Costs, World-class Procurement, High Value Card Transactions, along with other areas of interest.
Learn How to Maximize Your ServiceNow InvestmentStave
Understand how leading companies are adopting an aPaaS strategy
Learn the evolution of ServiceNow's platform capabilities
Assert IT's influence over shadow IT practices
As with many industries, the essential tools required by most accountants vary depending on the needs of their clients. This makes having computer software versatile enough to fit the needs of both small businesses as well as larger corporations crucial for any certified public accountant.
Reducing the pain of Purchasing in constructionPeriphery Group
In today’s world, construction projects are often complex endeavors involving many different groups and entities.
Construction companies require mature and efficient processes to keep everyone on target and get the work
completed on time. From the smallest residential housing development to the largest office tower project,
construction companies’ processes must scale at the same rate. Otherwise keeping everything on track is
impossible.
Launched in 2017 by Thejo Kote, Airbase is the leading spend management platform for growing businesses that want to streamline their spending processes and gain more visibility and control over their expenses. Airbase customers can easily manage their company cards, bills, reimbursements, and approvals on a single platform that integrates with popular accounting software like QuickBooks and NetSuite.
The startup announced a $60 million Series B funding round, led by Menlo Ventures partner Matt Murphy. Existing investors Bain Capital Ventures, First Round Capital, BoxGroup, Village Global, and Quiet Capital also participated. The round also included strategic investments from executives at Okta, Plaid, and Carta. The latest round brings Airbase’s total funding to $91 million.
See more: bespitchdeck.com/airbase
Presentation Only: Case Study for Implementing Successful eBilling StrategiesJOSH CARROLL
This is the presentation of a live webinar held by Plymouth Rock Assurance, Striata, and Western Union Payments entitled, "A Case Study for Implementing Successful eBilling Strategies"
Understand and execute on the data inside your B2B payments that will help grow your business.
https://www.corcentric.com/resources/whats-hiding-b2b-payment-data/
How Insurers Bring Focus to Digital Initiatives through a Maturity Looking GlassCognizant
When planning a digital initiative, it’s critical to understand where your company stands today and how it can get to where it needs to go. A new framework lets insurers assess their digital maturity, identify how best to move ahead, and gain insight into the practices of industry digital leaders to guide their own efforts.
The Power of Complete AP Automation WebinarTradeshift
The Impact of Harmonious Supplier Relationships
Imagine supplier inquiry calls into your AP department being a thing of the past. Next envision being able to automate and maximise supplier discounts.
Attend this webinar to gain insights on how to:
- Achieve the highest levels of e-invoicing adoption and onboarding
- Communicate and transact with your supplier network in real-time
- Engage new technologies to achieve 100% e-invoicing with all your suppliers
- Complete AP automation cycle with savings opportunities through dynamic payment terms
- Become more profitable by paying suppliers early in exchange for a discount
- Automate accounts payable with case studies presented
Presenters:
Christian Hjorth, Chief Commercial Officer, Tradeshift
Joe Hyland, Global Head of Marketing, Taulia
http://tradeshift.com/enterprise/events/
Automating Payables for the SME Market: Diving Head First into AP AutomationAnybill
This Technology Insight report is for small and mid-sized enterprises with an interest in payables automation. The report includes the latest adoption statistics, current thinking, best practices, strategies, and key performance indicators for evaluating and selecting the solution that meets your needs.
Digital Transformation Requires a "Subscriber-First" ApproachBrian Metzger
Communications service providers (CSPs) are under intense competitive pressure to increase revenues and strengthen subscriber loyalty in markets around the globe. In order to thrive in this environment where over-the-top (OTT) players and other providers have utilized CSP networks to deliver innovative services, CSPs are now primed and ready to undergo digital transformation and develop new digital products and services that enhance the digital lifestyle of their subscribers.
Extensible DNS-based platforms and subscriber-centric applications are key enablers of digital transformation. They offer a more complete view of the customer and provide greater service agility to put subscribers in control of their own digital experiences. Once considered to simply be the “phone book” of the internet, the domain name system (DNS) has moved beyond the realm of passive internet look-up functionality and is now at the heart of digital transformation.
ERA's Purchasing update - Market Intelligence - from January 2017. Articles on Facilities Management, Water, Hybrid Mail, Food Costs, World-class Procurement, High Value Card Transactions, along with other areas of interest.
Learn How to Maximize Your ServiceNow InvestmentStave
Understand how leading companies are adopting an aPaaS strategy
Learn the evolution of ServiceNow's platform capabilities
Assert IT's influence over shadow IT practices
As with many industries, the essential tools required by most accountants vary depending on the needs of their clients. This makes having computer software versatile enough to fit the needs of both small businesses as well as larger corporations crucial for any certified public accountant.
Reducing the pain of Purchasing in constructionPeriphery Group
In today’s world, construction projects are often complex endeavors involving many different groups and entities.
Construction companies require mature and efficient processes to keep everyone on target and get the work
completed on time. From the smallest residential housing development to the largest office tower project,
construction companies’ processes must scale at the same rate. Otherwise keeping everything on track is
impossible.
Launched in 2017 by Thejo Kote, Airbase is the leading spend management platform for growing businesses that want to streamline their spending processes and gain more visibility and control over their expenses. Airbase customers can easily manage their company cards, bills, reimbursements, and approvals on a single platform that integrates with popular accounting software like QuickBooks and NetSuite.
The startup announced a $60 million Series B funding round, led by Menlo Ventures partner Matt Murphy. Existing investors Bain Capital Ventures, First Round Capital, BoxGroup, Village Global, and Quiet Capital also participated. The round also included strategic investments from executives at Okta, Plaid, and Carta. The latest round brings Airbase’s total funding to $91 million.
See more: bespitchdeck.com/airbase
Like it's predecessors in the series, this white paper is about B2B 3.0 (Business-to-Business 3.0), the next generation of technology for the enterprise that generates value throughout the supply chain, and how it enables e-Procurement 3.0, which is the only implementation of e-Procurement technology that is guaranteed to deliver maximum value -- and savings -- to your organization.
B2B 3.0 goes beyond simply streamlining processes and decreasing work, it also
enables content in new and innovative ways which not only enable commerce, but enable one of the cornerstones of business e-commerce -- e-Procurement. Unlike traditional e-Procurement solutions, which usually attack procurement in a piece-meal fashion, new e-Procurement 3.0 solutions are integrated commerce solutions that support each step of the various procurement cycles in your organization in a tightly-integrated fashion that seamlessly flow from one step to the next. An e-Procurement 3.0 solution, which integrates the m-way matching that eludes so many traditional piece-meal procurement applications at its core, ensures that the organization only pays for goods and services actually received -- and only pays at contracted rates. EProcurement 3.0 solutions succeed where previous generations of e-Procurement solutions failed.
As the majority of business processes switch to digitised and automated solutions, expense management in many firms remains low down on the list to review.
Time & Attendance System Purchasing Guide - Purchasing.comPurchasing.com
Time and attendance systems dramatically simplifying accounting procedures while ensuring total compliance with all labor requirements. Widely used by businesses of every size, they automate the tracking of an employee's time.
This purchasing guide covers everything you'll need to make an informed purchase decision on a time and attendance system for your company.
Source: http://www.purchasing.com/software/time-and-attendance-systems/purchasing-guide/
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