Square Afterpay Image

Square Meets the Moment with Afterpay

Square, the digital payments giant co-founded by Twitter CEO Jack Dorsey, has this week acquired Australian fintech company Afterpay. The announcement has already made the rounds; plenty of outlets have proffered their own predictions of the effects this acquisition will have on the market. We at 3Sixty Insights see this going far beyond the market moment: we believe that buy-now-pay-later (BNPL) will continue to increase in relevance at the point of sale. By connecting AfterPay directly to purchase transactions, this acquisition has the potential to have a profound and lasting generational effect. Pay and Payments in the Present On-demand pay (ODP) has taken the HR world by storm since DailyPay was founded in 2015. There’s Dayforce Wallet (from Ceridian). Last month, global payroll provider CloudPay […]

Continue reading
3Sixty Insights Market Alert Thumbnail

Market Alert: Immedis Pay Reengineers the Way Companies Remit Cross-Border Payments to Employees, Tax Authorities, and Statutory Third Parties

What Happened In mid-July 2021, Immedis announced the availability of Immedis Pay, an automated solution for organizations to manage cross-border payments to their beneficiaries, including employees, tax authorities, and statutory third parties. Built on the foundation of everywhere-local expertise in global payroll, Immedis Pay gives companies local payments expertise across the globe to simplify payments, increase accuracy, and eliminate challenges with compliance. Cost savings from the use of Immedis’ network of API-connected local payment network providers and banking partners are significant. Immedis Pay currently delivers 99.98 percent error-free payments in 145 currencies across more than 200 countries. Background As part of its global payroll offering, Immedis has been expediting payments for customers since the vendor’s inception in 2016. The coincident expertise and global reach put […]

Continue reading
3Sixty Insights Anatomy of a Decision

Channel Fish Anatomy of a Decision SAP Business One

The first decade of the 2000s saw a sea change in IT  spending. Until about 2009, spending oversight was starkly different from what it has become at most companies today. Chief Information Officers were generally happy to sign off on anything that stayed within their budget, so IT departments were free to make the technological and system decisions they thought would be best since they would be supporting that technology should anything go wrong. In the last decade or so, however, there’s been a shift. It’s far more common today for every purchase decision to go through finance and other departments, involving colleagues who may be unfamiliar with the provider or the ultimate use of the system and potentially slowing the adoption process (3Sixty Insights […]

Continue reading
Sixty Insights Research Agenda Thumbnail

Research Agenda: Finance Research Practice H2 2021

Companies have benefitted from rapid deployment of cloud-based ERP. “Customization” once delayed legacy implementations, but now “Low/No Code” environments enable personalization and better adaptation to unique business requirements. As AI, IoT, and other acronym-rich trends increase the pace of change, rapid system updates and increased leverage of available capabilities become more and more valuable. Putting predictive, intelligent, and mobile capabilities into the hands of front-line resources will further increase the payoff. The Financials and ERP practice at 3Sixty Insights plans to explore these and other themes over the next 12 months: Concrete vs. Abstract Finance: A New Way for Organizations to Look at ERP Enterprise Structure vs Line-of-Business Initiatives: Achieving Balance in Location of Power Suite vs Point Solutions vs Specialized Systems: Where Should Finance […]

Continue reading

Tuning Up Your ERP/Finance Infrastructure

To judge the ultimate immaturity of the “Cloud” ERP/Finance solution market, look no further than the broad success of vendors offering MDM (Master Data Management) solutions. Ironically, one of the perennial leaders in the space is one of the biggest purveyors of “you only need one” ERP/Finance solutions talking out the other side of their mouth—the 800-pound gorilla that is SAP—calling into constant question whether there can ever be a single, central solution to any company’s ERP/Finance needs. This actually makes perfect sense: Even within a unicorn single-instance ERP/Finance implementation, there will always be utility in matching incoming and outcoming transactions/messages to the proverbial “Golden Record”—to/from suppliers and customers who so often represent the true source of the information contained therein. (How many times has […]

Continue reading

Fintech, meet Foodtech

Markets are easily distracted by Fintech news. Just the other day, I found myself meandering around the internet researching a series of Fintech acquisitions that amounted to fewer than $8M in 2021 sales to a single-billion-dollar shrinking dinosaur. I woke up mid-webpage with a major déjà vu headache wondering how many times we were going to read that very same story before we learned to save ourselves the time and the trouble. (The Highlander already knows the way these things ultimately work). Okay, to be fair, and as Yum Brands knows, like their progenitor PepsiCo who spun them off, there’s usually at least two–right, Coca Cola? But there’s never 100, let alone 1000, let alone 10,000 in a market, like there are estimated Fintech startups […]

Continue reading
Sixty Insights Research Agenda Thumbnail

Research Agenda: Finance Research Practice 2021

Companies have benefitted from rapid deployment of cloud-based ERP. “Customization” once delayed legacy implementations, but now “Low/No Code” environments enable personalization and better adaptation to unique business requirements. As AI, IoT, and other acronym-rich trends increase the pace of change, rapid system updates and increased leverage of available capabilities become more and more valuable. Putting predictive, intelligent, and mobile capabilities into the hands of front-line resources will further increase the payoff. The Financials and ERP practice at 3Sixty Insights plans to explore these and other themes over the next 12 months: Concrete vs. Abstract Finance: A New Way for Organizations to Look at ERP Seeing Through the Haze: Where is Real Value in the Cloud? Data vs Information: The Rise of Analytics Enterprise Structure vs […]

Continue reading