The world of business-to-business (B2B) commerce changes constantly; the current climate for enterprises at all levels is no different. Ever-increasing globalization and technology innovation, as well as the quickening speed of business, has made it imperative for organizations to take a hard look at the tools used to conduct business with trading partners. Doing business [...]
November 24, 2014
Andrew Bartolini
Best Practices, Solutions, Technology
For many years, payment systems existed as an afterthought for other ePayables (accounts payable automation) systems. That all changed in the last few years, with more and more AP-driven RFPs that began to treat payments as a critical piece of AP transformation. The early September introduction of Basware Pay, a joint venture between Basware (Helsinki: [...]
October 8, 2014
Andrew Bartolini
Solutions, Technology
The SupplierPay pledge that 26 large corporations signed in a July press conference at the White House has as one of its two tenets the need to craft financing solutions that allow small suppliers to get paid faster. Luckily, there are three technologies that—when implemented correctly—can allow large corporate buyers to give their small suppliers [...]
August 27, 2014
Andrew Bartolini
Best Practices, Technology
Complexity is the name of the game in today’s globalized, interconnected business world. Who companies are connected to and how you communicate and collaborate matters more than ever. This means that whether you’re a Fortune 50 manufacturer or a Global 2000 CPG firm, you need to pay your suppliers in a reasonable timeframe. There are [...]
August 4, 2014
Andrew Bartolini
Solutions, Technology