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All blog pieces written by Ellen Leith unless otherwise stated

OB10 acquisition - biggest corporate deal on AIM since the crash

Monday 14th October

Everyone likes a good news story, and it seems that the current story unfolding at OB10 is a ringing endorsement of both their product and the state of global e-invoicing.  Business success can usually be put down to a few things - sometimes it’s luck, sometimes it’s timing, sometimes it’s a fundamentally unique and strong product, sometimes it’s the drive of specific people – very occasionally it’s all of those things.  And when it is, there’s often a sense of inevitability or a sense that business has been queuing up waiting for the product to appear - and so it seems with the creation of Tungsten Corp, created by City legend Edmund Truell, solely to purchase OB10.

AP Awards evening - beating their path to success

Thursday 10th October, 2013

How often are the words “collaborate” and “celebrate” drummed into us in our pursuit of better AP and wider P2P practices? Well, on Tuesday that was literally the case as 80 attendees to the APN awards evening picked up bongo drums and boom-whackers and instantly created a harmonious, beautifully orchestrated symphony of music…OK, not quite, but after a bit of effort and a not inconsiderable amount of sweat – by working together (yes, they really did pick up bongo drums), they actually produced something which worked in a very short space of time. More than that, something that was fun – something worth celebrating. A bit like working in AP.

Hubwoo and Nationwide - a tale of classic tailoring

Wednesday 25th September, 2013

“Carnage” is not usually a word you associate with a customer case study at a conference. But that’s exactly what I heard yesterday at the eWorld Purchasing and Supply event in Westminster. Having read, helped to write and heard plenty of case studies, I’ve got a lot of time for a company and their partner who are prepared to really give a warts an' all story.

E-invoicing comes of age with OB10 takeover

Thursday 5th September, 2013

In a conversation I had with Luke McKeever, CEO OB10 earlier this year I questioned him about the future of e-invoicing and how the deep benefits it can provide to organisations globally could shape or drive our relationships with the banks in the future. And it would seem that that future is already upon us with the news yesterday that Tungsten Corporation PLC, founded last year by Edmund Truell (founder of private equity house Duke Street Capital) is set to aquire OB10 for £99m.

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