If you’ve been following you’ll recall I got a little distracted by a webinar featuring Marks and Spencer, how they engaged with their supplier community and automatically processed millions of invoices. As I pointed out, (before I got distracted), it surprised me to discover that there are over 500 companies across the globe who use [...]
Read More» I attended IOMA’s 8th Annual Accounts Payable Automation & Operations Conference in New York City last week during which attendees from companies in various industries had the opportunity to hear the latest news about various technologies and methodologies for automating their AP departments. Here are a few of the key ideas that were discussed during [...]
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Last Thursday, SWIFT announced that it had been instructed by the European Union to disconnect all of the sanctioned Iranian banks from its global financial network. SWIFT’s CEO, Lázaro Campos, stated that “Disconnecting banks is an extraordinary and unprecedented step for SWIFT. It is a direct result of international and multilateral action to intensify financial [...]
Read More» As we look back on the pattern of investment activity in B2B e-commerce between 2000 and 2010, I think we can safely declare that there was a Lost Decade. During these 10 years there were numerous attempts to revolutionize various industries with new B2B technologies. However, most of these initiatives met with only modest levels [...]
Read More» For several years now there has been an ongoing debate in the industry about how strategic information technology is to businesses. Some, such as Nicolas Carr, have argued that IT is now ubiquitous and no longer offers strategic advantages to businesses. Working for an IT vendor, I have an inherent bias towards arguing that IT [...]
Read More» In 1882, Spaniards in Barcelona began construction on the large Roman Catholic Church commonly known as the Sagrada Familia. The church was designed by the architect Antoni Gaudi who took responsibility for the project in 1883. However, the construction project outlived its designer carrying on into the 20th century. In the 1900s, financing challenges and [...]
Read More» With the end of the year coming soon, I thought I would provide a recap of the top EDInomics posts from 2011. The ranking is based upon information gathered from Google Analytics about end-user visits to new posts published in 2011.
Read More» This morning, IBM announced that it would expand its Smarter Commerce initiative with the acquisition of leading spend management vendor Emptoris. IBM-Emptoris will likely be the last major event in what has been another busy year for B2B e-commerce. Not only have there been several mergers, IPOs and leveraged buyouts, considerable progress was made in [...]
Read More» Cyber Monday is here! Although Monday is the official kickoff of the online holiday shopping season it certainly did not stop many consumers from getting a head start on web purchases this past weekend. Last year Forrester Research found that almost 49% of all consumers said that they shopped less in stores on Thanksgiving weekend, [...]
Read More» Earlier this week GXS announced the 2011 B2B Heroes. These 20 individuals distinguished themselves by leading initiatives to build out the information supply chain. Some supported ERP platform rollouts. Others consolidated systems post merger. Most of the heroes led programs to on-board small businesses in pursuit of a paperless supply chain. The goal of the [...]
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