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Monthly Archives: September 2007
From Abe WalkingBear | Old Set Of Givens (Paradigm) Incompatible with Modern Business
Editor’s note | The following article was submitted to us by Abe WalkingBear, and can be viewed in full here. It comes from our previous discussion on Buyer Initiated Payments.
Business Process Outsourcing as a Sign of Growth: Is that an Oxymoron?
The word “outsourcing†is still taboo in many finance and accounting circles. For many people, outsourcing conjures up images of large scale lay-offs and your friends and neighbors out of work. Or worse still, if the outsourcing mantra takes over … Continue reading
Posted in Purchase to Payment, Voices
Tagged Accounts Payable, outsourcing, PayStream
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BasWare acquires my neighbour Digital Vision Technologies
Digital Vision based in Northwich, Cheshire, United Kingdom is a system integrator who specialises in accounts payable automation. Its solutions are based on Kofax’s Ascent (DICOM), a data capture product that scans invoices and other purchase-to-pay documents.
Posted in Voices
Tagged Basware, Digital Vision, Intelligent Character Recognition, Optical Character Recognition
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JPMorgan Chase launches fully integrated ePayment solution – “AP Trac”
Just this past week, Henry Ijams and I were talking about how, despite the rapid gains in the ePayables world, financing and integration continue to be problematic. Case in point: A client mentioned that early payment discounting is very inticing, … Continue reading
Posted in Purchase to Payment, Voices
Tagged AP Trac, ePayables, integrated ePayment solution, JPMorgan Chase
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Basware’s Invoice Automation Solution
PayStream analysts recently held a briefing with Basware to discuss the company’s AP automation solution – BasWare Invoice Automation (IA) – and understand its value proposition to clients. Basware is a Finnish company that now has operations in over 20 … Continue reading
ExPP Summit #1 – Assembly of European e-invoicing community
The 3rd ExPP Summit was held on 10th and 11th of September at Millenium Glocester Hotel in London. I attended both days as a guest of Bruno Koch of Billentis. Bruno, who organized the event with Johannes von Mulert of … Continue reading
Posted in Purchase to Payment, Voices
Tagged e-invoicing, European e-invoicing community, ExPP Summit, opencoffee
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eProcurement and Early Payment Discounts: Are Finance and Purchasing Finally seeing eye to eye?
In a recent PayStream analyst briefing with Frank Davis, Managing Director of Sales & Marketing for PurchasingNet, Frank identified the greatest challenge he’s facing in marketing the new dynamic discounting module, Early Payment Discount Management, for PNet: Poor Cash Flow.
A Collaborative Effort…
Collaboration is the highest form of business. Discussion, team effort, and collaboration – This is the very definition of today’s workforce. In the spirit of that, I was so pleased tonight to read Manoj Ranweera’s two-post discussion of his collaboration … Continue reading
EIPP, SCF and Blogging – Rocking with Paystream!
Since my entry into EIPP space 3 years ago, I have collected a vast number of documents on EIPP and related subjects (one reason for edocr). Among these were white papers and analyst reports produced by Paystream Advisors, which I … Continue reading
Electronic Procurement: New Hope Beyond the Hype
Electronic procurement – or e-procurement as it was known during the heydays of the dotcom era, when it was fashionable to use the “e†word with everything – has experienced an interesting lifecycle.
Patient Access Innovation | NCHFMA Summer Institute Review
Earlier this year, Mike Caudle (Assistant Vice Preseident, Patient Financial Services, Carolinas Healthcare System) and Henry Ijams (Managing Director, PayStream Advisors) joined forces to present at the HFMA ANI in San Diego, CA.
A Creeping Threat to Healthcare Accounting – HDHP’s
High Deductible Healthcare Plans, or HDHP’s, are changing the landscape of healthcare providers’ accounting, according to a recent article by the Louisiana Medical News. It surely goes without saying that the multitude of available insurance options, a number growing every … Continue reading
Introducing Manoj Ranaweera
There are few more definitive ways to describe Manoj than “accomplished.” Not only has he entered the world of financial services automation like a cat-5 hurricane, he has made a serious name for himself in the industry blogosphere with his … Continue reading
Web Invoicing – The Future of Accounts Payable
Inefficiency. It is ultimately the greatest stranglehold on everything that a company of any size can do to grow and succeed. It is bred by poor communication and redundancy, and leads to error, waste, and a weaker bottom line.