Making Cents

Welcome To Our Blog. Read our opinions and perspectives on the market and share some of your own.

The pitfalls of calling things “id”

Summary: Don’t call your form inputs “id”, they will clash with the Sizzle engine used in jQuery.

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Unintended Consequences!

About six months ago I was invited to attend a small celebration at my friend’s company.  They were finally deploying their e-invoicing solution after a year-long hard work.  Like many other big companies, they were inundated with paper invoices from thousands of their suppliers and the idea was to reduce costs through automation.

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The High Cost of Inefficient Expense Management

Everyone has a skeleton or two in their closets. Me, I have a whole pile. Skeletons of shopping trips past, things I had good intentions of returning. But thanks to my inability to hold on to those impossibly small pieces of paper called receipts, they now sit, covered in dust on the closet floor until it’s garage sale or donation time. All that wasted money; all that wasted opportunity because I simply am unable to keep track of my receipts.

 

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Crossbeam Tackles Spend Management Challenge With Coupa !

Crossbeam Systems®, Inc. offers a proven approach to deploying network security that meets the extreme performance, scalability and reliability demands of large enterprises, service providers and government agencies.

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The “Double Dip” – Not Just a Cocktail Party Concern

It used to be when people whispered about the “double dip” at cocktail parties, the main concern was avoiding eating something that was now germ laden because someone had thoughtlessly taken a bite of their chip, bread stick, vegetable, etc. and dipped it back into the community dish.

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Measure Twice, Cut Once

If you take down any picture in my apartment you will notice the same thing behind every one, there are at least 3 or 4 holes from failed attempts to line up the picture properly. There was no rhyme or reason to my hanging strategy at the time, no measurements taken. I just went for it until it was as good as it could get. But not having a plan will eventually cost me – probably a rather large portion of my deposit.

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Let users / requestors do the hard work for you when evaluating suppliers!

Let users / requestors do the hard work for you when evaluating suppliers!

As procurement professionals, you get to evaluate supplier performance every so often. 

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Data and the Dentist

I hate the dentist – and I am due for a midyear check up. I am lucky enough to work for a company that offers good insurance and yet, even though all the information I need is right there at my fingertips, I still do not schedule that darn appointment. Why? Because I don’t want to hear what’s good for me; I’ll just wait until December to see how I did, how many cavities I racked up and fillings will be needed.

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It’s All About Adoption!

Over the last several days, I’ve spoken with heads of Procurement from across diverse industries – retail, business services, construction materials, financial services. Each one was interested in learning more about the benefits of e-procurement, but each was also concerned that embarking on an eProcurement initiative would be a career-ending move, rather than a career-enhancing one.

 

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A Tale of Two Banks

If the late 90’s and early 00’s were the best of times for banks; the financial meltdown and resulting recession we are experiencing today, could only be described as the worst of times. And for bureaucracy driven, process paralyzed banks the times are about to get a whole lot tougher thanks the sweeping financial reforms passed on Capital Hill.

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