by Robert Solomon | Mar 24, 2016 | B2B Software, Indirect Spend, Procure to Pay
One of the best scholars on the subject of platforms is Marshall Van Alstyne of MIT. Van Alstyne coined a phrase I love: “platforms always beat products”. For example, the iphone or ipod with their app stores and itunes respectively beat pure products that tried to...
by Robert Solomon | Mar 23, 2016 | B2B Software, CPG/Retail, E-invoicing, Healthcare, Industry Big Data, Pricing
Three separate events last week reminded me that every spend category has its “dirty little secrets”. Suppliers can exploit these “dirty little secrets” to squeeze a little more from buyers than buyers bargained for. Not all of these secrets...
by Robert Solomon | Mar 23, 2016 | B2B Software, Enterprise Software, Healthcare, Indirect Spend, Procure to Pay
Until now, there have been two basic business models in catalog-based e-procurement: The Buyer Pay Model: Followed by Coupa, Sciquest, Tradeshift, Basware, and others. This model charges the buyer a fee and is free to the supplier. The Buyer and Supplier Pay Model:...
by Robert Solomon | Mar 22, 2016 | B2B Software, Ecosystem, Electronic Payments, Indirect Spend, Supply Chain Automation |
Last week, I had the pleasure of speaking at the inaugural Global Procurement Technology Summit sponsored by ISM and Spend Matters in Baltimore. Andrew Karpie from Spend Matters and I spoke, in part, on the difference between networks and platforms in supply chain...
by Robert Solomon | Mar 10, 2016 | B2B Software, GRC
Fraud Against Corporations The pundits who monitor such things agree corporate fraud is on the rise. Reports from Deloitte, PWC, Kroll and others who peddle services designed to detect and prevent such fraud say, perhaps self-servingly, fraudulent attacks on business...
by Robert Solomon | Feb 23, 2016 | B2B Software, Procure to Pay, Supply Chain Finance
Basware tends to be overlooked in US discussions of Procure to Pay software and e-invoice networks. This results from Basware’s Finnish heritage and concentration on Scandinavia. That may be changing. Basware Strategic Plan One thing I have always admired...
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