According to research from the Everest Group, the procurement outsourcing market had a 12 percent year-on-year growth in 2013, and is expected to grow between 10 and 12 percent this year. The Procurement Outsourcing Annual Report 2014: Expanding New Horizons showed that in 2013, the market totaled...
Basware Corporation announced earlier this week that it had signed an e-invoicing agreement with an interior renovations provider that is located in North America. While the release did not specify the customer, it did say that the agreement includes all inbound e-invoicing services, as well...
The Rwandan auditor general released a report that claims the nation’s government spent FRw6.4 billion (£5.6 million) through “inappropriate procurement” methods. The data that was investigated included state finances for the year ended June 30, 2013. According to the report, cases of non-compliance with procurement...
A recent report from ITG Market Research interviewed hospital executives to see how those organizations view their financial performances and what new approaches and healthcare IT solutions are being utilized to cut costs and capture value from efficiency and quality control tools. According to the...
Dubai’s government is continuing its efforts to make its systems “smarter” by taking paper out of its invoicing and payroll activities. Under an agreement with Dubai Islamic Bank, vendors now may send their government invoices through the financial institution for processing, speeding the process and...
There is no doubt that the market for B2B eCommerce is one of the great under recognized cash rivers flowing through the world today—with almost $530 billion in revenue per year and growing. However, while markets are growing fast, regulations aren’t keeping up, and innovative...
In an effort to improve fleet driver behavior, ProSight Specialty Insurance announced last week that it is offering a suite of technology from SmartDrive to many of its commercial vehicle customers. According to a recent Insurance & Technology article, the suit is being offered to...
A recent survey found that by the year 2019, of the existing value-based models, pay-for-performance (P4P) will experience the highest growth rate. P4P is forecast to increase from 10 percent today to 18 percent in five years for payers. In that same time frame, it is...
According to recent reports, the supply chain for McDonald's in the U.K. employes about around 13,000 people per year and contributes at little under $100M to the U.K. economy each year. More remarkable that how many people it serves or employes, or even how many...
