Posts Tagged: spend

European Commission Backs Mandatory Invoice Management Automation

Discussions about invoice management and e-procurement system upgrades are circulating across-the-pond conference rooms this week as the European Commission closes out its consultation on e-invoicing in public procurement. With the European Parliament mandating e-invoicing by 2016 and the European Digital Agenda’s dictate that electronic and paper invoices will be treated equally as of January 2013,Read… Read more »

e-Procurement: Wal-Mart’s Domestic Procurement Plan Bodes Well for American Manufacturing

It’s impossible to find a bigger retail giant than Wal-Mart. Without question, the chain is a mainstay across the United States, with a supercenter on almost every street corner. Americans love a good deal and, more often than not, they turn to their local Wal-Mart store for just that – to the tune of $444Read… Read more »

Study: Procurement Non-compliance Continues to Lag

Noted business analyst Andrew Bartolini recently released his annual report on the effectiveness of procurement organizations. The results, as they have pretty much every year, showed continued cause for concern. They also offer another compelling case for automated e-procurement solutions. The bottom line: Bartolini’s survey of nearly 270 procurement leaders found just 62 percent ofRead… Read more »

Spend Management: Businesses Closely Monitor Event Budgets in 2013

While business travel is expected to pick up in 2013, it appears that trends for corporate events, such as meetings and conferences, are shifting to reflect new economic realities. The Active Network recently published a study which followed meeting planning patterns from 2008-2012, and showed a distinct change in how companies approach organizing corporate gatherings.Read… Read more »

Ecuador Mandates Transition to Electronic Invoice Management

Though Europe has led the charge toward mandating electronic invoice management for private and public organizations, e-invoicing has been gaining rapid ground in South America as well. Ecuador has now joined the ranks of countries looking to cut costs and improve services through implementation of an electronic invoice management system, following a pilot program whichRead… Read more »

E-Procurement: 3 Reasons Your Paper-Based Procurement Can’t Compete

Whether due to natural disasters, government regulations or economic pressures, sourcing has become a hotter topic than ever. Retail and restaurants, in particular, are under pressure to source intelligently while minimizing unnecessary costs, something that can be tough to do without adhering to modern best practices and using currently available technology, such as purchasing software.Read… Read more »

Automating Buying: From E-procurement to Asset Management and Beyond

You know the old saying about the left hand needing to know what the right hand is doing? It also applies to your organization’s automated buying processes. In order to realize the full benefits of your investment, it’s vital that all pieces of your system are well integrated, including a broad suite of e-procurement andRead… Read more »

“Above the Cloud” – A Message from CEO Tim Garcia

What Makes Jetstream Unique When I founded Apptricity, it was with one major guiding premise, “the business should run the software, not the other way around.” We continue in this way for all our development and all the solutions that we create. This month, I am focusing on the idea behind our Jetstream platform, particularlyRead… Read more »

Universities Save and Streamline by Automating Spend Management and Other Services

It’s not exactly news that universities are feeling the budget crunch, but what has been making headlines in recent years is the creative ways they’ve been consolidating services and administrative tasks. Whether through shared services spanning campuses or university systems, or deployment of solutions to handle invoice management, spend management, or e-procurement, higher education appearsRead… Read more »

Government Mandate for e-Procurement Expected to Bring Savings

As a part of the “Campaign to Cut Waste,” the president has required that the Internet Payment Platform (IPP) go live for all government agencies by the start of the fiscal year. This means that as of October 1, 2012, businesses will have to use e-procurement to send bills to the federal government. While theseRead… Read more »