Business or pleasure? How social networking will reshape the P2P Value Chain

In just a few short years, social media has completely transformed the way people communicate and interact with each other, and with businesses. However, this revolution has yet to spread to business-to-business communication, where organizations continue to rely on traditional communication channels like email. But this social media gap is soon to be bridged.

That is the forward-looking conclusion drawn by Andrew Bartolini, Chief Research Officer of Ardent Partners, in this white paper. This paper explores the benefits of enhanced social media networking, which include the ability to:

  • Expand your global trade horizons – with a transactional platform for vetting new partners & suppliers, complete with customer ratings and a collaborative hub.
  • Strengthen your existing extended enterprise – facilitate open and spontaneous collaboration between partners and motivate idea generation.
  • Leverage your existing knowledge base – tap into and effectively manage the wealth of knowledge inherent in your organization.
  • Achieve clarity in management – open communication channels that enable rapid resolution of disputes and sharing of decision making.

Purchase-to-Pay Benefit Calculator

Do you know the savings available with Purchase-to-Pay? Each step in the path to Purchase-to-Pay success offers you new opportunities for incremental savings. Basware has designed this easy-to-use, web-based tool – the Purchase-to-Pay Benefit Calculator – to help you realise your goals.

Take a moment and discover how much you could save. ›

Are you familiar with some of these challenges?

Inefficient paper-based transaction process

Go paperless, reduce costs, and achieve full spend visibility from day one.

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Managing Demand

Centralize your requisitioning through eProcurement for enhanced workflow control.

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Optimizing working capital

In today’s economy, you need to ensure effective control of your cash and working capital.

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Controlling employee expenses

Streamline your expense control process to reap an estimated 20% savings in indirect spend.

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Reducing supply costs

Capture substantial savings when you automate your Procurement and Accounts Payable processes.

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Managing risk & volatility

Full spend and cash flow visibility offers you considerable freedom in a volatile equity and currency market.

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Reduce maverick spending

Spend is a key strategic asset when you have the power to rein it in under favorable terms and conditions.

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Increase contract compliance

Ensure the time and energy you spend negotiating terms and conditions and vetting your supply base is worth it.

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Improving accuracy of forecasting

Take the guesswork out of financial forecasting.

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Improving cash flow management & visibility

Control your cash, control your destiny.

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Basware Purchase-to-Pay solutions

Invoice Automation

Discover how Basware Invoice Automation can help you achieve full spend visibility while reducing cost and improving your Accounts Payable efficiency.

Read more about Invoice Automation

Procurement

Explore how the Basware Procurement solution can help you achieve full spend control and compliance while aligning Finance with Procurement.

Read more about Procurement

Connectivity

Learn how Basware Connectivity can help you collaborate more closely with your suppliers through e-invoice & purchase order transaction communication & integrated catalogue management.

Read more about Connectivity

How to get started?

Contact us and we’ll help you to balance your cash, cost, and capital.

Telephone:
+44 (0)845 671 1953
Email: info.uk@basware.com

You can also use our contact form ›

The P2P model – an overview

John Webster, Vice President, Product Marketing, provides a brief outline of Basware’s P2P Model – what it is, what it means, and what businesses of all kinds can learn from it.

Watch the video ›

Benchmark your company against your peers

Wondering just how your company might benefit with Purchase-to-Pay in place? Explore the Purchase-to-Pay model level by level as you develop your adoption strategy.

Discover the benefits of the Purchase-to-Pay model ›

Download The Cash Flow Manifesto eBook ›

White Paper: Purchase-to-Pay Excellence: Design for Success

In this ground-breaking analysis, leading industry analyst Andrew Bartolini from Ardent Partners explores practical steps for companies looking to achieve the next level of enterprise agility, control, and visibility within their Purchase-to-Pay processes.

Download the white paper

Basware’s commitment to Purchase-to-Pay success

Basware is dedicated to sharing the best practices in Purchase-to-Pay and the many benefits attained by our customers. We have a proven track record established over years of successfully helping our customers achieve their goals of financial clarity, control, compliance, and flexibility.

Read more about our value proposition ›