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Accounts Receivable Management

Background

Accounts Receivable (A/R) is the money owed to a business by its clients. The main objective in Accounts Receivable management is to minimise the Days Sales Outstanding (DSO) and processing costs…

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Payments - Receipts

EACHA to produce ACH framework for instant euro payments

by CTMfile

A group of payments industry bodies led by EACHA is due to present the business requirements for ensuring risk management, clearing and settlement and interoperability for instant payments in euro.

Payments - Receipts

Seven tips for a happier financial supply chain

by CTMfile

The relationship between supplier and buyer is a delicate balance involving trust and transparency. What can suppliers do to ensure their goods and services are paid for on time?

Payments - Receipts

CHAPS to extend operating hours from summer 2016

by CTMfile

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.

Payments - Receipts

Is e-invoicing / e-billing entering a new era?

by CTMfile

Still low global penetration with only 8% being paperless AND cross-border e-invoicing is even lower at 1-5% of all e-invoices. Yet 60-80% savings from e-invoicing projects