by Robert Solomon | Aug 21, 2023 | AP Automation, B2B Software, E-invoicing
Accel KKR-backed Basware announced its plan to acquire Glantus, a public Irish company in the audit recovery and accounts payable automation business. I wrote about Glantus (here) when it went public in mid-2021. Glantus’s Valuation at IPO At its IPO, Glantus...
by Robert Solomon | Aug 17, 2023 | B2B Software, order to cash
My last post covered payment terms. This one covers the closely related issue of late payments. Approximately 50% of all businesses experience late payments, according to mysterious internet sources. As with payment terms, there is very little hard data on payment...
by Robert Solomon | Aug 14, 2023 | AP Automation, B2B Software, order to cash, Payments, Supply Chain Finance
B2B payment terms do not receive the attention they deserve. After all, trade credit is the most important form of short-term credit in the US. Estimates for US corporate receivables range from $3 trillion to $4.5 trillion at any given time. Trade credit, in turn,...
by Robert Solomon | Dec 26, 2022 | AP Automation, B2B Software, Procure to Pay
I did not post much in 2022. No need to thank me. Great blog posts–and the kind I do– require free time and non-confidential topics. Both were in short supply this year, especially when the IPO and SPAC markets tanked. Hopefully, the markets (and...
by Robert Solomon | Dec 19, 2022 | B2B Software, Logistics, Marketplaces, Payments, Supply Chain Automation
Just when you thought B2B software SPACs were so last year, along comes another one, Freightos, an international shipping platform. If you are interested in SPACs, the freight industry, or marketplaces, I highly recommend the company’s recent SEC Filing. The...
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