Wax News Archive
UK University puts purchasing under the microscope with Wax Digital
Applying the rigours of the research lab to the purchasing process, a UK based university which was last year ranked in the top ten higher education institutions in the world, recently worked with Wax Digital to deliver e-Auction savings.
Wax Digital building 'Facebook for suppliers'
When yet another entrepreneur tells you they're building a "Facebook for business", it's difficult to resist the temptation to ask if they've taken leave of their senses. Despite gaining a startling valuation of roughly 36 times its revenue earlier this year, even the giant LinkedIn is not consistently profitable. Countless other companies have found social networks - especially ones related to business - to be a remarkably efficient way of wasting mountains of cash.
HMV retunes e-Auctions with Wax Digital web3
HMV Group, the UK's leading specialist retailer of entertainment is planning significant cost savings using Wax Digital's web3 on demand e-Sourcing platform and expert sourcing consultancy services.
Wax Digital customers bid farewell to contract inefficiency with e-auctions
European organisations have collectively cut millions of pounds from their contracts over the last 12 months through online auctions delivered by Wax Digital using its web3 on-demand source to pay platform.
Wax Digital Receives Top 5 Rating for Scope Breadth and E-Requisitioning in Leading Analyst Firm’s eProcurement Market and Vendor Landscape Report
Wax Digital, a leading provider of on demand Purchase to Pay and Sourcing solutions, today announced that web3 received a Top 5 Rating for Scope Breadth and E-Requisitioning in Gartner’s report entitled 'eProcurement Market and Vendor Landscape.'
Durham University Receives First Class Honours in Spend Management with Wax Digital
Durham University has gone live with web3, its new source-to-pay system from Wax Digital, critical to multi million pound savings in purchasing costs over the next five years.
Bringing suppliers in from the cold: Supplier adoption guide
Daniel Ball, Wax Digital speaks about supplier adoption best practice and guidance with Supply Chain Digital.
Wax Digital puts the goodness in Weetabix’s enterprise procurement
Cereal producer chooses web3 to drive efficiencies and collaboration across the supply chain.
Spend Matters: Keeping suppliers warm - "feel-good supplier adoption"
We're pleased to have another guest post from Daniel Ball of Wax Digital featured on the highly acclaimed Spend Matters blog.
Wax Digital and e-Docs to Reduce Purchasing Paper and Process
Joint solution removes cost and error from sourcing and procurement paper invoice processing.
Wax Digital Brings Enterprise Class eProcurement to the Mid-Market
web3 Professional launch brings intuitive S2P to medium sized organisations.
Spend Matters: Game, set and match for the bribery act - and eProcurement as umpire?
Daniel Ball of Wax Digital, explains how the Bribery Act might change the procurement process for many organisations in a Spend Matters guest blog post.
Caution should be retail's watchword
Buyography - the purchasing and supply blog of Supplymanagement.com features a guest post from Wax Digital director Daniel Ball.
Center Parcs Pools its Resources
At holiday village company Center Parcs, the implementation of an e-procurement system for indirect expenditure is credited with seeing the finance and procurement functions pursue joint goals.
Spend Matters: An NHS procurement success story
Following our conversation with Peter Smith of Spend Matters UK/Europe blog, Peter went on to interview Wax Digital client County Durham & Darlington NHS Foundation Trust (CDDFT) and their Associate Director of Procurement Malcolm Preston to reveal an eProcurement NHS Success Story, covered in two parts.
Spend Matters: Wax Digital apply marketing nous to procurement technology
Wax Digital recently spoke with Peter Smith of Procurement Excellence and the highly acclaimed Spend Matters UK/Europe blog, to discuss how procurement solutions need to be intuitive and place the users at the fore rather than process of procurement.
Fighting Talk
Daniel Ball, Director, Wax Digital takes a closer look at the challenges ahead for public sector procurement, following research conducted in collaboration with Durham University in this feature article published by University Business.
Getting more for your money
The Head of Purchasing at high street confectioner, Thorntons plc, provides FMCG Magazine with an insight into the company's eSourcing strategy and how online auctions are helping it to close the profitability gap on operational spend.
Healthcare industry view: making procurement simpler
Malcolm Preston, the Associate Director of Procurement at County Durham and Darlington NHS Trust discusses the pressing need to make procurement simpler; and how his own trust has approached the task.
Happy New Year or Brave New World?
Rob Douglas, CPO of Dixons Retail, discusses indirect purchasing efficiency in the industry with Retail Week.
Let the games begin
Social networking, gaming concepts and augmented reality will soon become key tools in the world of procurement systems. Daniel Ball explains.
The Other Side of the Coin
Retailers must learn to replicate the efficiency of their goods for resale purchasing when buying non-critical supplies and services, says Daniel Ball, Wax Digital, speaking with Retail Technology Magazine.
UK spending review: Challenge or opportunity?
Wax Digital's Daniel Ball reviews the likely outcomes for public procurement in the light of the recent spending review.
IT Alliances Czar to Mould
Wax Digital's Channel Strategy
Graeme Slocombe joins as eProcurement vendor
turns to partnerships for growth
turns to partnerships for growth
Wax Digital, Europe's leading provider of web-based purchase-to-pay and sourcing solutions, is accelerating its indirect sales channel development with the appointment of 30-year industry veteran Graeme Slocombe to the role of EMEA Alliances Manager.
Buying in to the procurement debate
With the right approach procurement savings of 20 percent are easily achievable, claims Malcolm Preston Associate Director of Procurement at County Durham and Darlington Foundation Trust. But he warns, there’s a lot of resistance to be overcome before that can happen.
A fair and level playing field
An insight into the food industry's eAuction evolution
by Paul Layzell
For years, the food industry's buyers had an inherent belief that their supplier contracts were as good as they could be. Based on their skills, this was probably correct. Sharp negotiations had, supposedly, done the maximum to drive price reductions on both indirect and direct materials.
The benefits of e-buying
The Associate Director of Procurement for County Durham Procurement Consortium talks with Government Computing about how they have gradually exploited the potential of electronic procurement over the past 10 years.
Record Revenue at Wax Digital
Manchester eProcurement software house achieves 60% revenue increase in FY 2009/10
Procurement: more with less in the public sector
Wax Digital's Richard Mullins speaks with FinanceWeek
Procurement and finance are two departments inextricably linked, but do they always work in harmony? 'Not always', was the resounding answer from procurement officers speaking at a recent public sector procurement debate.
Bringing public sector procurement to the fore
Wax Digital's Richard Mullins speaks with
Director of Finance Online
Director of Finance Online
Recently I participated in a public sector procurement leaders debate. I heard sentiments of keenness and frustration from purchasing experts wanting to play their part in deficit repair.
Outsourcing for savings
Good government will now cost less and the largesse of the last decade is over, proclaim the coalition government's foot soldiers. Rodney Jack of Local Government Manager asks if outsourcing can provide local authorities with a financial incentive.
NHS consortium accelerates spend management vision with Wax Digital
County Durham & Darlington Foundation Trust (CDDFT) has accelerated its vision of ‘cost-per-patient’ spending control, through go-live of its core eProcurement system....
Public Sector Purchasing Leaders Eager to Fight Deficit
Durham University sponsored research shows that purchasing teams keen to lead the charge against government waste and spending excesses may be dangerously ill-equipped.
Technology Acceleration
Wax Digital's Richard Mullins speaks with
Government Opportunities Magazine
Government Opportunities Magazine
With budget cuts likely following the General Election, the public sector and its suppliers face new financial strain in the clearing of the national debt.
Wax Digital and Achilles confirm public sector procurement seminar dates
Wax Digital has announced a series of public sector procurement seminars in partnership with Achilles UK.
Thorntons extracts 'significant savings' from online auctions
Thorntons has made some significant savings through using online auctions to procure raw materials and some ‘bought-in' products, buyers have revealed.
Eversheds delivers successful verdict on Wax Digital eSourcing software
Following a reverse auction event in which the firm saved over 25% on the cost of facilities management for its UK offices, international law firm Eversheds has invested in a self-service eSourcing platform from Wax Digital.
Wax Digital releases web3 Asset Management
Wax Digital has announced the release of web3 Asset Management a web-architected Enterprise Asset Management (EAM) solution that delivers enterprise-wide visibility and control of the fixed asset register through an intuitive web interface.
Europe’s leading enterprise eProcurement solution comes to the mid-market
Wax Digital’s on-demand source-to-pay solution to be supplied by Sapphire Systems.
Top marks in cost reduction for Durham University using Wax Digital eSourcing software
Durham University has made savings in excess of £400,000 on its annual facilities management and uniform contract costs (56% and 28% annual cost reduction respectively) by using Wax Digital's e-Sourcing solution to drive down the cost of supplies across the university.
Wax Digital makes IT happen for IMC financial markets & asset management
Wax Digital's web3 solution set is delivering a global on-demand purchasing, contract and IT asset-management system to IMC financial markets & asset management, a financial organization headquartered in the Netherlands and with offices in the US, Hong Kong, Australia, and Switzerland.
Purchasing teams lead the way for cloud computing
The purchasing teams in UK organisations are leading the way in adopting on-demand cloud based computing services according to findings from procurement solutions provider Wax Digital.
Wax Digital grows workforce by 15% and looks forward to 2010
Wax Digital, the spend management software company, has once again expanded its workforce with the appointment of eight new recruits in as many weeks including two Systems Developers, two Project Managers, a Business Analyst and a Marketing Assistant amongst others.
Wax Digital Launches web3 to Power Global Growth
Wax Digital announce the launch of the latest version of its class-leading purchasing and sourcing solution suite, Wax Enterprise Business Suite v3.0 (web3).
Wax Digital doesn't Hyde its plans for growth
Meeting the needs of an ever-expanding and increasingly global client-base has spurred Wax Digital to make the move to much bigger office premises in Hyde.
Durham University Awards Wax Digital Purchasing Honours
Durham University has awarded a contract to Wax Digital for the implementation of a comprehensive source-to-pay system, at the heart of a plan to cut several million pounds from its purchasing costs over the next five years.
Wax Digital in the Frame for ESPO
Wax Digital is pleased to announce that it has been selected as one of a small number of providers for a new E-Solutions Framework established by the Eastern Shires Purchasing Organisation (ESPO), a local authority purchasing consortium operating throughout the Midlands and East of England.
Thorntons Adopts eSourcing Strategy Over Next Three Years
High Street Confectioner Predicts Significant Savings with Wax Digital
Essex Boat Yards Uses Wax Digital Technology to Auction Exclusive Yachts
Wax Digital’s eSourcing technology, usually used to drive down supplier costs in the purchasing process, will help Essex Boat Yards to sell a range of exclusive yachts to consumers in a ‘forward auction’ due to take place on May 1, 2009.
Electronic Auctions Reduce the Burden of Rising Commodity Prices
eAuctions are reducing the burden of rising commodity prices for key organisations in the food services industry by up to 27%.
Wax Digital eProcurement helps Play.com deliver record growth
Wax Digital eProcurement has helped Play.com to achieve a record Christmas trading period - 24% year-on-year growth in sales over the Christmas holiday 2008.
Wax Digital Butters up Thorntons in time for Christmas
As part of a series of managed reverse auctions for Thorntons, Wax Digital has helped the leading high street confectioner to reduce the cost of dairy products in the run up to the Christmas rush, with significant savings on some of its key ingredients.
Wax Digital lifts the cloud for Dixons Stores Group
Recession and a reluctance to spend large capital sums on IT is driving many companies to turn to 'the cloud' as a method of IT delivery - that's the view of on-demand eProcurement software vendor Wax Digital.
eProcurement spearheads market assault by etailers
There are successes against the backdrop of the doom and gloom in the world's financial markets - online retailers in the UK are continuing to grow their businesses and remaining leaner than the high street in terms of purchasing and associated costs.
eProcurement systems sharpen the focus on corporate social responsibility
Corporate Social Responsibility (CSR) programmes - how businesses align their values and behaviour with the economic, social and environmental impact of their activities - are having a greater impact on the way in which companies select and trade with suppliers than ever before.
Wax Digital to power £350m purchasing for Durham and Tees NHS Trusts
Wax Digital, one of Europe's leading eProcurement providers for the private sector, has secured its first major UK public sector client with a seven year contract to provide County Durham and Tees NHS Trusts with a full source-to-pay solution. The system will manage circa £350 million in annual expenditure across 7,000 users.
Business looks to heavens for credit crunch relief
When times are hard it is easy to get downcast, but UK eProcurement specialist Wax Digital has enjoyed big success recently by getting blue chip companies to raise their sights to the massive potential for savings that electronic purchasing and sourcing initiatives can deliver.
Thorntons finds Wax Digital eSourcing blooming marvelous for valentines
eSourcing marries buyers and suppliers for less.
As part of a series of managed reverse auctions for Thorntons, Wax Digital has helped the leading high street confectioner to a significant saving on the cost of bouquets in time for Valentines Day.
Wax Digital provides a haven for Bourne Leisure Buyers
Bourne Leisure, owner of Haven, Warner Breaks and Butlins, has appointed Wax Digital to implement a new, on-demand purchase-to-pay solution that will help employees across the group find and order the right products, at the right prices, from the right suppliers.
Ceva Logistics chooses Wax Digital global sourcing solution
Wax Digital today announced that it has contractually agreed to supply a global eSourcing solution to CEVA, one of the world's leading integrated logistics providers.
Wax Digital Announces carbon neutral procurement for businesses concerned with their bottom line
There's hardly a boardroom in the land that hasn't at least discussed cutting its carbon footprint in the last 12 months, but to most senior management concerned with the bottom line, 'green' can often come at a premium.
Center Parcs streamlines activities with Wax Digital eProcurement
Award-winning leisure company Center Parcs has chosen Wax Digital to streamline its purchasing processes across all four of its holiday villages in the UK, supporting in excess of 6,000 employees.
Polestar to implement on-demand eProcurement from Wax Digital
Polestar, the leading printing company in Europe, has chosen to implement an on-demand eProcurement system from Wax Digital to support its 11 operating sites across the UK.
Thorntons sweetens purchasing results with Wax Digital eSourcing
High street confectioner Thorntons has engaged Wax Digital to deliver a series of managed reverse auctions to help drive best value in the sourcing of a wide range of goods and services.
Bakkavor chooses Wax Digital for eProcurement
Wax Digital has been selected by Bakkavor, the UK’s leading fresh prepared foods and produce company, to implement an eProcurement system to support over 400 users at 21 businesses across the UK.
Economatics chooses Wax Digital for integrated eBusiness
Economatics Group has deployed a series of modules from the Wax Digital Accelerated Performance Suite to deliver several market-specific webshops, underpinned by an integrated product data management solution.
KFC selects Wax Digital for eProcurement
High street restaurant chain chooses Wax Digital to manage £85m in annual requisitions across 282 stores in the UK.
Georgia Pacific deploys eInvoicing solution from Wax Digital
Wax Digital Ltd, one of Europe's leading providers of e-business and integration software, has been awarded the contract to deliver an integrated eInvoicing solution for Georgia Pacific in the UK.
Wax Digital double finalist at IM2004 Awards
Wax Digital has won through to the finals in two categories of the prestigious Information Management Awards 2004 with projects for both Xerox and Associated British Foods.
Wax Digital selected for finals of IM2003 Awards
Wax Digital's Transaxions implementation for Xerox Document Supplies Europe (XDSE) has been nominated as a finalist in the prestigious Information Management Awards 2003.
Wax Digital implements Data Capture solution for Xerox Finance Ltd
Wax Digital Ltd, one of Europe's leading providers of e-business and integration software, today announced that Xerox Finance has selected Wax Digital Data Capture to provide an electronic document management solution.
Wax Digital extends eInvoicing solution for Xerox across Europe
Wax Digital Ltd, one of Europe's leading providers of e-business and integration software, today announced that Xerox Document Supplies Europe has chosen to upgrade its existing Wax Digital Transaxions solution through the implementation of an integrated electronic data repository.
Wax Digital integrates Hagemeyer UK Value Chain
Wax Digital Ltd, one of Europe's leading providers of e-business and integration software, today announced that Hagemeyer UK has implemented Wax Digital Transaxions to facilitate electronic data interchange with both customers and suppliers.
Xerox France adopts integrated Data Capture solution from Wax Digital
Wax Digital Ltd, one of Europe's leading providers of e-business and integration software, today announced that Xerox France has implemented its Data Capture solution to help reduce costs and improve efficiencies in its billing processes.
Corus chooses Wax Digital ESB to deliver integrated customer service solution
Wax Digital Ltd has delivered a web-based procurement solution for Corus Service Centre customers in the UK. Corus is one of the world's largest metal manufacturing and service organisations, and its Service Centres division offers the UK's largest network of steel service centres.
Wax Digital expands to meet demand
Wax Digital Ltd has increased staff numbers at its Manchester headquarters by more than 10% within the last month in response to rapidly growing demand for its e-business solutions from clients across Europe.
Associated British Foods deploys eProcurement solution from Wax Digital
Wax Digital Ltd, one of Europe's leading providers of e-business and integration software, has delivered an integrated eProcurement solution for 15 group companies of Associated British Foods plc.
Renold deploys web-based customer service solution from Wax Digital
Wax Digital Ltd, one of Europe's leading providers of e-business and integration software, today announced that Renold plc has successfully implemented its ECat solution to deliver web-based product selection for the company's European customers.
Network Rail renews Wax Digital eProcurement
System Supports 3,000 Engineering Personnel in Maintenance & Repairs Division
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