by Robert Solomon | Aug 28, 2023 | B2B Software, Marketplaces, Travel |
I love it when businesses, especially two-sided marketplaces, compete simply on the basis of a different business model. I’ve written about several examples: HomeAdvisor versus Angie’s List AirB2nB vs. HomeAway Chep in pallets I have also implemented...
by Robert Solomon | Aug 21, 2023 | AP Automation, B2B Software, E-invoicing
Accel KKR-backed Basware announced its plan to acquire Glantus, a public Irish company in the audit recovery and accounts payable automation business. I wrote about Glantus (here) when it went public in mid-2021. Glantus’s Valuation at IPO At its IPO, Glantus...
by Robert Solomon | Aug 17, 2023 | B2B Software, order to cash
My last post covered payment terms. This one covers the closely related issue of late payments. Approximately 50% of all businesses experience late payments, according to mysterious internet sources. As with payment terms, there is very little hard data on payment...
by Robert Solomon | Aug 14, 2023 | AP Automation, B2B Software, order to cash, Payments, Supply Chain Finance
B2B payment terms do not receive the attention they deserve. After all, trade credit is the most important form of short-term credit in the US. Estimates for US corporate receivables range from $3 trillion to $4.5 trillion at any given time. Trade credit, in turn,...
by Robert Solomon | Dec 26, 2022 | AP Automation, B2B Software, Procure to Pay
I did not post much in 2022. No need to thank me. Great blog posts–and the kind I do– require free time and non-confidential topics. Both were in short supply this year, especially when the IPO and SPAC markets tanked. Hopefully, the markets (and...
Recent Comments