Recently, our office, along with other floors in the same building, was burgled. Luckily for us, it was during the early hours of the morning when no one was in. On our floor alone,...
Things are moving swiftly in the payments market. More and more people that I know, no longer carry any cash around with them. Gone are the days of being weighed down by copious amounts...
The progression of advanced systems and operational intelligence over the years has lead to businesses/organisations having the ability to use data in a proactive way so that problems can be identified immediately. Data analytics and sensor information can identified the problem immediately with enhanced process management controls preventing the problem occurring at all. In the modern world, It has become the new ‘normal’ to to respond to everyday activities exceptionally.
Research shows the cheque/check will be non-existent in the next decade although the US is holding on quite strongly. EFT is becoming the method of payment most countries are currently using, particularly the UK.
Mobile connectivity has suddenly stepped away from the early social network and email adopters to become commonplace. The big jump is the fact that it is no longer the social animals driving the moves forward. Businesses are rapidly taking up the drive for mobility.
I really enjoyed the National iPOS User Day last year. It was great to meet so many of our Australian iPOS for SunSystems clients and to be part of such a vibrant and engaged group. During the day we were honoured to have a couple of stand-up customer stories.
Sometimes we have procurement projects where the project goals are undermined by Dickensian thinking. David Parmenter in his book Winning CFOs writes that the paper-based processes deployed in the accounts payable function are akin to operating in Charles Dickens’ era.
I think everyone has seen and read the story about using drones to deliver your shopping. And it is not an April fool’s day prank. It looks real enough. The Jetsons have arrived.
I have had the pleasure of being involved in the evolution of the new Excel add-on for IPOS electronic procurement for SunSystems, iPOS XL. It will be released as two components, the first release supports requisition creation and the subsequent release will support invoice creation.
Typically, when an organisation overhauls their existing procurement practices they look at all the internal change management issues and often neglect engaging with their suppliers and getting them on board.