Hanse Orga introduces ‘HO Global Format Integrator’ for payments
by Kylene Casanova
New ‘plug & play’ solution for companies wishing to configure and establish international transaction messages faster and easier into their SAP system.
Accounts Payable Management
Background
Accounts Payable are the payments a business owes to suppliers for goods or services purchased on credit; a type of short-term debt. Accounts payable are often referred to as "payables." The main…
Read moreBeneficiary identification check could cut risk of payment error and fraud - report
by Kylene Casanova
Payments UK's latest report recommends that an additional confirmation of payee identity should be introduced to reduce the risk of payment error and fraud.
Payments UK report on why Request to Pay will benefit corporates
by Kylene Casanova
A report published by Payments UK says that the 'Request to Pay' concept could benefit businesses in the UK by offering greater control and flexibility over outgoing payments.
Paper cheque still dominates US B2B payments - survey
by Kylene Casanova
A survey found that more than half of companies in the US pay three-quarters of their B2B payments by cheque.
Banking and payments “under threat” from fintech - PwC
by Kylene Casanova
More than four-fifths of executives surveyed by PwC said that some part of their business is at risk of being lost to standalone fintech companies.
State of the UK’s payments system: report calls for comment
by Kylene Casanova
The UK's Payment Systems Regulator (PRS) has issued an interim report into the supply of indirect access to payment systems and whether competition is working for service-users.
Enhanced Data will enable automated reconciliation for corporates – Payments UK
by Kylene Casanova
A report published by Payments UK explains how having more data linked to a payment would benefit corporates making payments in the UK.
E-Invoicing global growth 2016 is strong, whilst varying by region
by Kylene Casanova
Billentis report annual growth rates: Europe and North America - around - 11-14%, Rest of World - much less
‘Retry’ process saves 25 million ‘failed’ payments a year
by Kylene Casanova
Giving bank customers a second chance to clear payments if there aren't sufficient funds in the account the first time, has enabled approximately 25 million payments that would otherwise have failed.
More e-commerce growth from new directory services on Basware Commerce Network
by Kylene Casanova
Easily search and find trading contacts in the new Business Directory, and use the Vendor Manager to provide your suppliers with a self-service tool to maintain their own data
Five ways invoice innovation can cut costs
by Kylene Casanova
It's an imperative for finance departments – particularly those with oversight for accounts payable (AP) – to explore how invoice automation can cut costs and resources.
On the fifth day of Christmas my adviser sent me tips on how to:
by Kylene Casanova
Optimise our payments and collections by first accepting that a payment or collection is only part of a business transaction, and .....
Making payment factories effective - the vital stages
by Kylene Casanova
Connectivity series #4: Volante Technologies and Corning's Bengt Elvinsson discuss the role of payment factories, key functions and future of payment factories
Sage accounting now offer full payment facility = start in bank services decline?
by Kylene Casanova
SME Sage Pay service extended with new payee payment facilities to help companies “transform the way we manage our money”
Citi expands Citi Payment Exchange into Canada improving a/c payables efficiency
by Kylene Casanova
Citi® Payment Exchange, its integrated and highly flexible institutional payment-processing solution, extends coverage following successful launch of service in the U.S. in 2012
Do you have the ‘right’, the most effective payment terms?
by Kylene Casanova
Informita Checklist shows the systems needed and how to set right terms and even shorten payment terms without losing business
CHAPS to extend operating hours from summer 2016
by Kylene Casanova
The UK's same-day, high-value payment system has announced it will extend operating hours to 18:00 from summer 2016, with an exact date to be announced later this year.
How SMEs can get their bills paid on time
by Kylene Casanova
Informita’s Brian Shanahan lists the key questions to ask whenever you have a new client
Bottomline’s PT-X cloud based payment platform - secure payments made simple
by Kylene Casanova
Cloud based payment services have become one of the key battlegrounds in the development of corporate payment systems
SWIFT adds real-time delivery channel for payments and other reference data
by Kylene Casanova
Check your BICs, IBANs, LEIs in real-time as prepare payments instructions in your TMS, ERP accounts payable, etc. to minimise rejections
Global Adoption of Real-Time Retail Payments Systems ramping up
by Kylene Casanova
RT-RPS are live in 18 countries, 12 countries are ‘exploring / planning / building’, and an additional block of 17 countries that are ‘exploring’ through a pan-Eurozone initiative. How can you exploit real-time?
AutoRek: tackling CRS and FATCA compliance problem with reconciliation technology
by Kylene Casanova
Growing number of solutions for compliance with OECD’s Common Reporting Standard and FATCA reporting
Citi launches Integrated Payables Solutions package to enhance working capital
by Kylene Casanova
New interactive offering gives corporates more power and flexibility is being rolled out world-wide
Global non-cash payments forecast to grow by nearly ten percent reveals World Payments Report 2014
by Kylene Casanova
Report shows that e- and m-payments are converging and changing the payments playing field, AND that the industry is struggling to meet consumer demand