Market trends

Innovation: Marginal Gains vs The Big Idea

Nowadays, every business is talking about innovation as a means of competitive differentiation or disruption. But just how realistic is it to strive for continuous evolution, or even revolution? In his session at Basware Connect UK 2016, the Undercover Economist, Tim Harford, drew on examples from the worlds of sport, genetic engineering and defence to compare the merits of marginal gains with...

Drowning in Data?

Analytics can save your life. Possibly a slight exaggeration, but when you’ve got Analytics like ours in place and you think back to the manual reporting you did previously, it really can feel like a life saver. “It seems these days that the availability of data is outstripping many organisations’ capacity to make effective use of it.” – Jereme Pineda, Analytics Product Manager, Basware. I’m sure...

Preparing for Basware Connect UK - Rich Lanza

In rounding out my slide deck for the upcoming Basware Connect event on Preventing Fraud in Accounts Payable, I wanted to share three truths we can't lose sight on as we go into 2016:   1) Fraud is One "F" Word We Can't Avoid Saying - While some F words are used extensively in a business setting, Fraud is an F word that few want to consider given the feelings it dredges up about others.  However...

As the NHS moves towards true e-invoicing, what does this mean for you?

Being a supplier to the National Health Service can be painful – things take time, from contracts to payment. But once in, however, the NHS can be a customer for life. The good news is that some of the pain is set to go away in the near future as the UK finally plays catch up with the rest of Northern Europe.  To change the game, new legislation is on the way which forces the NHS to accept true e...

The road to better UK Public Procurement (Part 2)

In our first blog we looked at the wider implementation of e-invoicing within the public sector. We asked Andrew Jesse (AJ), VP of Basware, and Stephen Carter (SC), Head of UK e-invoicing Centre of Excellence for Basware, about the barriers and opportunities that will be made available through the Small Business, Enterprise and Employment (SBEE) Act receiving Royal Assent. We now look at the...

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