Aberdeen Benchmark Report -”E-Payables: Advancing A/P Automation” – Grab now for free…

If you are interested in the above report, it can be grabbed for free here until end of May 2007, thanks to Andrew Bartolini of the Aberdeen Group.

Andrew has also suggested doing a Q&A session through this blog. I am yet to work out the details. Perhaps this could be around following topics (extending beyond the report):

  1. Ranking of customer pain points
  2. Value chain – from end-to-end transactions to supply chain finance
  3. Barriers to successful deployments
  4. Benchmarking and segmentation of early adapters
  5. PACE Framework
  6. Competitive Framework
  7. Linking PACE with Competitive Frameworks
  8. Moving from Laggards to Best in Class
  9. What’s the future hold for the sector
  10. Growth of world wide initiatives, e.g. hub alliance

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TiEger’s Den – £400,000 for grabs..

Tie UK has finally announced the long awaited TiEger’s Den that would take place on 4th June 2007 at Manchester Business School. Sandy Chadha and Sanjay Vadera are ready to invest £400,000 in to 4 North West early stage companies that have been trading for over six months. Each competitor will be given 10 minutes for presentation, with the 250 expected audience given opportunity to question the entrepreneurs.

Raj Ruia (Alum of Manchester Business School), president of TiE in Manchester and Managing Director of the successful Bolton-based textiles firmRichard Haworth and Co, said: “As a mentoring organisation, the TiE network has a rich tradition of supporting exciting, embryonic businesses. An event such as this fits our ethos perfectly and enables us to work closely with some of the North West’s most exciting small firms. “We’re interested in hearing from all types of businesses, especially those that display a unique proposition and ambitions to grow quickly.  “Our TiEger’s Den initiative provides a fantastic opportunity for businesses that have firstly proved that their concept works, and then explored all options in terms of start-up grants and financial assistance. Not only will the winners be able to access £100,000 of investment capital, they’ll receive first class business advice from KPMG and long-term support from a TiE member with a track record in running a successful business.”

The panel also includes North West area director of Lloyds TSB Corporate Markets, David Allanson, and KPMG’s Northern regional chairman, Malcolm Edge.

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Hub Alliance – My first meeting

This week, I had the privilege to attend a Hub Alliance committee meeting on behalf of Causeway, which was held at the London office of Burns e-Commerce. In order to do justice to the initiative, I plan to publish separate blog posts on following themes:

  1. Objectives of the alliance and the reasons for setting it up
  2. Founding members, new members and membership plans
  3. Hubs which are already connected
  4. User base (community) and statistics
  5. Standards and the future influence
  6. Other such alliances – the competition!

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Gary Turner plans to leave Pegasus

According to the latest press release by Pegasus, Gary Turner plans to leave Pegasus in June 2007.

Ken Walters, President of Infor’s financial solutions division said, "Infor is totally committed to driving Pegasus forwards. While we regret Gary’s decision to leave, we also respect it was his personal decision. I would like to thank him for his significant contribution, particularly since joining Infor, and we all wish him well.”

Turner said “After a very enjoyable and rewarding twelve years at Pegasus and as part of the team that returned the company to health and prosperity in recent times, I am obviously leaving with mixed emotions. But I concluded that the timing was natural for me to seek out a different challenge."

Gary has also updated his profile on  LinkedIN, indicating he is ready to explore opportunities. Now what opportunities will Gary be interested in:

  1. Low risk: Join another accounting software vendor – he might find this mentally not challenging given his achievements at Pegasus.
  2. Medium risk: Join another software company, but not financial. Perhaps CRM or business intelligence – not miles from financials!
  3. High risk: Join or set up a start up – perhaps SaaS based financials system. Then again Gary was not a believer! Its not too late to change your mind!
  4. High-Mediaum risk: start a fund investing in new accounting software companies
  5. Risk – what! Become a beach bum – until he hits upon an Eureka moment!

Good luck Garry! ebdex-Pegasus did not quite work out as planned. Perhaps we can find a better opportunity in the future!

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Vecosys will be relaunched as Blognation – Now that makes sense!

I planned to meet Sam Sethi on Wednesday night to discuss the relaunch of Vecosys, but due to an issue at Sam’s end, we could not meet as planned. My understanding is that when Vecosys is relaunched, it will be as blognation and will be launched in six countries, hopefully simultaneously. It will also cover enterprise and mobile software markets in addition to technology. Sam is clearly demonstrating maturity as a blogger. Achieving diversification and geographical expansion simultaneously is always tricky. Time to take a look at your MBA notes, Sam.

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Learn all about Identity 2.0 at next mashup on 24th April 2007

Have you ever wondered about your identity whilst surfing the Internet? Here is an opportunity to learn from the specialists in the field thanks to Simon Grice. The event attempts to answer the following questions:

  1. My digital identity is an asset, but who owns it?

  2. What is Digital Identity?

  3. Why is it so important?

  4. Trust.  Who should I trust and why should I be trusted?

  5. Authentication. How far is reasonable?

  6. Interoperability. Does this OpenID provider work with that consumer?

  7. Transactions. Don’t confuse Paypal’s needs with Digg’s wants?

  8. Complexity. OpenID is relatively easy, Cardspace is somewhat harder!

  9. Real world use cases. How do I keep my profile up to date everywhere?

The event is moderated by Tony Fish, who was a key speaker at the previous mashup event held in Feb 2007, which I had the fortune to attend. Clearly missing from the scene is Vecosys boys, especially Sam Sethi. I thought Sam and Mike would run these events!! What’s going on?

Confirmed speakers include:

Tom Ilube, CEO – Garlik (ex-CIO of Egg Plc)
Edgar Whitley, Reader in IS – LSE

Simon Willison, co-creator – Django Web Framework
  Luke Razzell, co-founder – Identity Society

If you are confused with the term "mashup", here is a definition: Mashup is defined as a web site or web application that seamlessly combines content from more than one source into an integrated experience.

It would be a great pleasure to meet Tom and others, and strengthen my on-going discussions with Simon in addition to broadening my knowledge on web 2.0. Bit early to know my movements on the 24th, but I am scheduled to be in Bourne End on the 25th, that’s Sam’s neck of the woods! Let’s see whether I can also drag Phil Brown (CEO of Causeway) and Tim Cole (R&D Dir of Causeway) along to this event. Its a long process, but I am certain they will begin to see the benefit of web 2.0 and how to resell applicable solutions bundled with existing product portfolio, perhaps through Causeway’s ECM. mmh…brewing of a game plan!!!! I can almost hear Phil’s response…One step at a time, Manoj!!

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Manoj and Causeway Technologies

Over the next several months, I will spend all my energy at Causeway Technologies, which is led by Phil Brown. Causeway Technologies is a specialist software solution provider in the construction industry. Tradex is Causeway Technologies’ document exchange platform, which has number of similarities to ebdex Document Exchange. My role is simple – help Tradex achieve a significant positive step change.

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The future of ebdex

I took a decision to suspend the operations of ebdex, which I founded in late 2004. The decision was not taken lightly, but was inevitable given the level of difficulties ebdex faced with its development partner, Affno. I cannot go into more details at present due to legal advice. So what would become of ebdex?

  1. ebdex will continue to be a registered company in England and Wales.
  2. ebdex’s office at Daresbury Innovation Centre will be maintained.
  3. ebdex Consultancy – ebdex will be open for consultancy opportunities in the areas of document exchange solutions, e-invoicing and EIPP, and supply chain finance.
  4. ebdex Labs – ebdex will explore start up opportunities, especially from the point of providing commercial expertise to technology entrepreneurs.

Personally, I will continue to promote entrepreneurship in the North West of England through:

  1. NW Start Up 2.0
  2. OpenCoffee Manchester

If anyone is interested in avoiding the pitfalls of outsourcing technology development, or starting up your own enterprise, I am happy to provide any advice I could to make your journey more enjoyable than mine.

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