Burns e-Commerce #3 – Acquistions – Leading wealth management solutions company acquired

According to corporate website, Burns e-Commerce has acquired Investmaster Group Ltd from Canadian investment management company AGF Management Ltd for an undisclosed sum.  According to Peter Little, CEO of Burns: “The synergy between the two companies is technology based. Both organisations support and assist companies operating in environments that are manually intensive, paper-based and heavily […]

American Express # 2 – Management Change – Anre Williams and Valerie Soranno Keating appointed

  Anre Williams (previously, Executive Vice President of US Commercial Cards) will become head of global commercial cards at American Express, while Valerie Soranno Keating (previously, President of Travelers Cheques and Prepaid Services) will become executive vice president of Global Marketing and Source-to-Settle. According to the press release: “Anré and Val are two of the […]

JP Morgan Chase # 1 – Management Change – Gordon Smith appointed

  Gordan Smith, President of American Express company’s Global Commercial Card Group resigns from the company and joins JP Morgan Chase to head company’s Card Services group. Smith succeeds Richard Srednicki, who is retiring from JP Morgan Chase. Smith will report to Jamie Dimon, Chairman and CEO of JP Morgan Chase in addition to joining […]

Readsoft #1 – Quick analysis of finances

ReadSoft UK, an established player of document capture and accounts payable automation employs approximately 31 people and reported revenues of £3.876m in 2005, a decline of 29% from £5.475m in 2004. Increased competition was given as a reason for the revenue decline. Since then changes have been brought to senior management and sales force has been […]

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, strategy and approach. Current status and plans. Issues faced and how these have been overcome. Opportunities. As far as I understand, DHL is […]

My recent chat with Andrew Bartolini of Aberdeen Group

Andrew Bartolini of Aberdeen Group and I had a phone conversation on past Monday to discuss UK and global trends in EIPP (Electronic Invoice Presentment and Payment). If you do not know, Aberdeen Group regularly carries out research in to number of subjects including sourcing, e-payables and supply chain finance to name a few. Their […]