The results for our P2P survey are in! A few weeks ago we went out to the market and asked P2P professionals from procurement to accounts payable - and every stop in between (sourcing, finance, treasury, purchasing, legal, contracting and more) to give us their take on the P2P marketplace. We surveyed 128 P2P champions and asked a [...]
Vendor Portal Software is truly game changing technology. Vendor portal software has become hot button for debate in the Procure-to-Pay space. There are many different opinions about what a vendor portal is or is not. Read this article and offer your opinion!
Exciting story from the Lavante newsroom today! Lavante has formed a strategic partnership with Beroe, Inc. - the world's premier strategic procurement advisor. For many years, Beroe has been regarded as the most comprehensive supply chain visibility, supplier intelligence and risk assessment in the world. By introducing our Lavante Connect Platform to their existing and [...]
Thanks to our good friends at the Institute of Financial Operations for giving me an opportunity to write a piece in their magazine about a topic that I am quite passionate about - Supplier Information Management! This article ran in the Q3 2015 edition of FinancialOps and they have been gracious enough to allow Lavante [...]
Have you heard the old riddle about the cabin in the woods? It goes like this: You are alone walking through the woods and you spot a cabin in a clearing up ahead. You are tired, cold and hungry and it is getting dark. You do not see or hear anyone in the cabin and [...]
As a general rule, the most successful man in life is the man who has the best information. – Benjamin Disraeli Over the course of the past 15+ years, I have focused my career efforts towards ensuring organizations leverage the best possible information as they manage their procurement, accounts payable, supply chain, and compliance functions. [...]
As the "Data Quality" conversation continues to gain more momentum, we are constantly on the lookout for research and other various bits of data that help to quantify the full scope of the problem. Really... we need to know this! "How much is bad data costing our organizations?" We need to understand the scope of [...]
Join us for this one hour interactive webinar to help make your AP department more successful in 2013. The Institute of Finance & Management (IOFM) recently surveyed finance professionals, including accounts payable department managers, supervisors and controllers, to learn about the level of automation in their organization’s accounts payable department, specifically focusing on the tasks related to vendor/supplier management.
In this post, I’d like to present the final two changes we see coming to AP, that will drive efficiencies and increase the value that AP brings to an organization. In two previous posts, we covered the first three changes: 1. More Importance Will be Given to the Quality of Supplier Information 2. Supplier Networks [...]
NAPP Presentation: Unlocking Hidden Value Levers in the P2P Process. Bill Dempsey, Director of Procurement and Strategic Sourcing - Miller Coors, opened up the 2010 NAPP conference in Marina DelRey with a great Keynote address talking about some strategic efforts currently underway at MillerCoors.