Guest blog TU Delft: Reduced ordering costs thanks to intuitive procurement process
Within most large organizations, Finance and Procurement are often separate entities. At the Technical University of Delft (TU Delft), we are no...
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How Lean Six Sigma Helps Optimize Your Purchase-to-Pay Process
The purchase-to-pay process of corporate organizations comprises various strategic processes (such as sourcing or contract management) and...
How can corporate organizations prevent maverick buying?
Maverick buying occurs within a corporate organization when purchases are made without oversight or control from Procurement. This has several...
Slow Adoption of E-Invoicing: Traditional Paper Invoices Remain Popular
The Netherlands was the third "most advanced digital economy" in Europe last year, according to the Dutch Central Bureau of Statistics (CBS)....
Maverick buying poses problems for Finance
The Trend Report on Digital Transformation in Finance and Procurement reveals that nearly half of the corporates in the Netherlands do not have the...
One in seven corporates pays majority of invoices too late
Corporates often pay their invoices too late. In fact, one in seven Dutch corporate organizations fails to pay more than half of their incoming bills...
ICreative to unveil a new logo and house style
ICreative has announced that it will soon be unveiling a new logo and house style as part of its parent company’s repositioning. “Our new brand...
Research findings: Significant differences in the degree of P2P automation
Although Dutch companies are receiving ever fewer paper-based invoices, electronic invoices have not yet become popular. On average, 74% of invoices...
Basware offers new functionalities for blanket orders
Basware has released new functionality for blanket orders. This new improvement in Basware Purchase enables companies to manage their spend even more...
Correctly optimizing working capital turns Finance into a profit centre
Working capital is a recurring topic on the Finance department’s agenda. When it comes to optimizing working capital, the majority of time has been...