Making Cents

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

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.

 

Read more...

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.

Read more...

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.

Read more...

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.

Read more...

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. 

Read more...

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.

Read more...

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.

 

Read more...

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.

Read more...

World’s Largest Fast Food Chain Operator Is Now Live With Coupa!

This leading global food-service retailer serves more than 60 million people in 117 countries each day. More than 75% of this fast food chain restaurants worldwide are owned and operated by independent local men and women. The restaurants serve the world some of its favorite foods.

Read more...

Pandora Taps Coupa To Tune Its Procure-To-Pay Process!

Pandora Media, Inc., an Internet radio company, provides music discovery services in the United States. It offers an advertising product created for the entertainment industry. It taps musical collection to deliver service on computer, in the home, and on mobile devices.

Read more...

Like what you are reading? Subscribe to our blog.

Enter your email address: