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Manoj Ranaweera's EIPP Blog
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On ebdex, Document Exchanges, EIPP, e-invoicing, Entrepreneurship, Start Ups, Funding and anything else of interest
Recent Posts Tagged With 'accountis'
RBS to resell Accountis’ e-invoicing service to corporate customers
Founders, Rhys Jones and others, and new owners of Accountis, FundTech must be so thrilled to finally be able to announce the deal with Royal Bank of Scotland (RBS). Accountis has been working on this deal for many years, which I came to know at leas...
Did Rhys sell Accountis too cheaply?
What valuation would you assign to an EIPP provider? Should this be based on past performance, future potential or a combination of both? If so, was Accountis sold too cheaply to fundtech? Who held the upper hand during negotiations? Or was the share...
ebdex is dead!
ebdex was formed on 25th Nov 2004 with the idea of disrupting the EIPP market dominated by Accountis and OB10. To be fair, OB10 and Accountis had very low market penetration then (and same is true now). But they were the best examples an ambitious st...
FundTech - What analysts said before the acquisition of Accountis
OK, as the title suggests, I thought of capturing the analyst sentiment of FundTech before the acquisition of Accountis. So without further ado, here is a snapshot of analysis from three firms in Jan 2008: D A Davidson & Co BUY. Price on 9th Jan ...
The role played by this blog in FundTech’s acquisition of Accountis
Whilst I cannot take any credit for the deal between FundTech and Accountis, I feel exhilarated at the service this blog provided in above acquisition. Here are some clues: OB10 #8 - Ready to be acquired! James Governor # 1 - Learning from a Pro I ...
Breaking News: FundTech Acquires Accountis
Acquisition further expands Fundtech’s product suite in the corporate banking financial supply chain JERSEY CITY, N.J., Feb 07, 2008 (BUSINESS WIRE) — Fundtech Ltd. (NASDAQ: FNDT), a market leader in global corporate banking solutions, t...
TBiConnect joins a foray of e-invoicing startups to be funded by Venture Capitalists
Latest to join the e-invoicing startups to be funded by Venture Capitalists is TBiConnect run by Simon Fox. Both OB10 and Burns e-Commerce top the VC funding tables for attracting the most cash to date. Among other funded companies include Accountis ...
Get buy-in from senior management, if your EIPP project is to be successful
Just following up from Will’s excellent post here, I came across a story from ioma, which speaks briefly about the importance of senior management buy-in for successfull EIPP project execution. Anyone who ever ran a project knows that people ar...
Basware #2 + Hub Alliance #3 - Basware joins Hub Alliance
It is good to hear that Basware has formally joined the Hub Alliance, increasing the member companies to six, which includes founding members Asite, Causeway Technologies and Burns e-Commerce from the UK in addition to...
Transcepta #3 - Going from strength to strength - community of 12,500 users
It’s good to hear that Transcepta is going from strength to strength, servicing the needs of more than 12,500 companies in such a short time, proving that there is a real market for a simple product offering on EIPP. It’s a great story,...
ExPP Summit #1 - Assembly of e-invoicing community
The 3rd ExPP Summit was held on 10th and 11th of September at Millenium Glocester Hotel in London. I attended both days as a guest of Bruno Koch of Billentis. Bruno who organised the event with Johannes von Mulert of Vereon AG is to be congratulated...
CheckFree #1 - Fiserv to Acquire CheckFree
Over the last year, we noticed two key acquisitions in the EIPP and Payments space, these being purchase of Xign by JP Morgan and purchase of Harbor Payments by American Express. Recently, I had lunch with a US Company looking for an acquisition in...
Abbey’s Supplier Payments #2 - The A Team
Whilst there has been much talk, I believe Abbey is the second company to offer a supply chain finance solution in the UK after GMAC Commercial Finance, which uses Deskom. Between the two propositions, I believe Abbey has the best chance of maki...
United Data Ltd # 1 - Mark Morahan is back!
There has been numerous occasions when I wanted to write about Mark Morahan but have resisted the temptation. But this article caught my eye. I came to know Mark through Morahan International, he set-up with few colleagues in 2003/04. Instead of talk...
e-invoicing/EIPP hubs #1 - Dangers of Customisation
All of us are in business (with respect to B2B) to provide a product and/or service to satisfy a business need and in most cases to relieve a pain suffered by a business customer. In doing so, we all have two broader options that could be followed, t...
Transcepta #2 - The product
Having said how great Transcepta is with respect to helping the small guy, let’s quickly look at their accounts payable and accounts receivable products and services. Accounts Payable (A/P) & Accounts Receivable (A/R) Automation Once again...
Transcepta #1 - A breath of fresh air
Differentiation Very rarely you find a company that wants to provide a value proposition for the small guy, especially in the e-invoicing and EIPP space. I believe Transcepta is one of these companies, who understands and has found a way to overcome...
Google #1 - Key word rankings
The prominence of this blog with respect to vendors’ own corporate Web sites for few companies operating in the e-invoicing space can be found in the following table. I also included BASDA Vendor(Key word) Google (Vendor) Google UK(Vendor) G...
Rhys Jones #1 - Sanoodi gets seed corn capital
According to Mobile Magazine, one of Rhys Jones’s startups, Sanoodi has closed an initial seed funding round of ?350,000 from a number of private investors in the UK, the US and Switzerland. It seems Sanoodi will use the initi...
Accountis #6 - Billportal joins as a partner
One of the key differentiators of ebdex was that it would have been partner-led (essential ingredient to become high volume transaction business), leaving ebdex to concentrate on developing and operating the ebdex Document Exchange. This is one of th...
Accountis #5 - Round up of recent news
According to Susan Davies of Accountis, Brian Thumwood, e-billing Programme Manager Europe of DHL will deliver a speech titled “Delivering e-invoicing across europe” at the ExPP Summit on 11th September, covering DHL, background, stra...
