Our View of the AP World
As this is the first article after yesterday's launch, I thought it best to start off by providing our view of the accounts payable world. At Ardent, we use the…
Opening Day – Welcome to Payables Place
Let the games begin! Welcome to Payables Place, the site where the research team at Ardent Partners will share its research, analysis, and ideas on the world of accounts payable…
Transforming AP? Start with a Solid Business Case
In my effort to cover AP (and P2P) processes, strategies and technologies one of the first projects at Ardent was to create the ePayables SMARTset. The purpose being, to help…
Iron Mountain Joins the AP Automation Game
With IFO's Fusion Conference underway in Nashville, I was sure that there would be some newsworthy activity and I was not wrong. On May 14th, Iron Mountain (NYSE:IRM) the information…
Lexmark International Acquires Brainware
On March 5th, 2012, Lexmark International announced the acquisition of Brainware for $148 million; the company will join a Lexmark subsidiary, Perceptive Software. Perceptive is a provider of enterprise content…
Basware’s New Alusta Platform
On February 29th, 2012 Basware introduced its new cloud-based platform called Alusta (meaning ‘platform’ in Finnish) to the market. Basware was already one of the major providers of eInvoicing and…
US Treasury Getting Rid of Paper
In July of 2011, the US Department of Treasury announced that it is mandating that all Treasury Bureaus implement the Internet Payment Platform (IPP) by the end of 2012 and…
Mobile Capture for AP – It’s Real
In January of 2012, Kofax introduced Kofax Mobile Capture. This came approximately a month after Kofax announced a minority investment ($500K) in MobiFlex Inc, a mobile app specialist. Kofax Mobile…
Basware Expands Its Open Network with German Acquisition
On January 17, 2012, Basware kicked off the New Year by announcing that it had acquired First Businesspost GmbH (“1stbp”)for €12.2 million, which includes assumption of the company’s debt (€…
Voulez-Vous eInvoice? Ariba Buys b-process
Ariba (NASDAQ:ARBA), a cloud-based provider of collaborative commerce solutions, announced the acquisition of b-process in October 2011. The acquisition, for approximately €35 million in cash, allows Ariba to further expand…