Friday Rant: When Invoicing and Electronic Invoice Presentment Payment (EIPP) Solutions Come Up Shor
As I look at payables and invoicing case studies from both software providers and banks, I’m becoming more convinced than ever that discounting and EIPP solutions are capable of delivering perhaps the most important type and level of value today across the procurement spectrum. Consider, under ideal circumstances, how solutions such as these can: Help [...]
The Public Markets and Venture Capital
Last week I wrote about the “VC shakeup” in response to a piece in HBR by the same name, in my response to a comment left by my friend Jason Lemkin I wrote: A big problem here is that the state of public markets makes IPOs extremely difficult and with M&A among already public companies [...]
News Analysis: Deltek Offers To Buy Maconomy For $72.7M
Acquisition Consolidates Two Market Leaders In The Project Based Solutions Market
Deltek announced on June 3rd that they would acquire Maconomy for $72.7M ($3.39/share (DKK 20.50)). Maconomy is a leading project based solutions (PBS) software company (~35.6M 2009 revenues) based in Copenhagen, Denmark. Deltek is a 265.8M (2009 revenues) PBS software vendor based in Herndon, VA. [...]
More Of Naomi’s Killer Scenarios: Retroactive Processing
Once upon a time, the concept of retroactive payroll processing was invented to handle the all too often situation of a personnel action (that’s what they were called when I was young) that was presented to “the system” after the date on which is should have taken effect. Without a retroactive processing capability in payroll, [...]
The Venture Singularity
At a somewhat recent dinner with Brad Feld (@bfeld) and some other great Boulder tech entrepreneurs we got into a discussion about Ray Kurzweil’s book on the Singularity. A heated debate ensued whether his theory about the convergence of technological computing capacity, and our ability to understand (and thus integrate computing into) the brain was [...]
Friday Rant: The Receivables Exchange Needs to Market Less Like a Loan Shark
I’m a big fan of collaboration between supply chain financing and procurement/accounts payable to reduce supply risk and enable vendors to access working capable at more reasonable rates. I’m even a fan of The Receivables Exchange, one of the pioneer…
When Your Suppliers Swim in (Loan) Shark-Infested Financing Waters
When I first started researching and covering procurement, it was rare to find an article in a popular newspaper or magazine about the area. But now, it seems to happen at least once a week. Just this weekend, The New York Times published a highly in…
The Metals Money Honey? Foxbusiness.com Features MetalMiner?s Lisa Reisman
Earlier this week, my better half did an interview with Fox Business on the metals markets. While the primary audience was most certainly more of a financial crowd, the insights Lisa shared are certainly applicable to metals buyers looking at where t…
Zycus Speaks — Market Observations: 2010
Before the holidays, I reached out to a number of the larger software
providers in the sector as well as some of the rapidly growing mid-size providers to get their perspectives on the trends and
observations on which they’re banking in 2010. W…
More Of Naomi’s “Killer” Scenarios: Ongoing Organizational Design Complexities
One of the toughest aspects designing or evaluating HRM software is hoe well it accommodates quite specialized but frequently observed organizational designs that go way beyond the traditional command and control model that’s hard-wired into the designs of many legacy ERPs/HRMSs. Although accommodating newer organizational designs has been a goal of these older platforms, when it [...]
