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 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…
Read moreSAP Ariba partners with PrimeRevenue - will this transform financial supply chain?
by Kylene Casanova
Key players are getting together to iron out the disconnects in the financial supply chain. When two of the biggest players get together, what will happen? Frictionless trade?
Don’t plan for the death of cash/cheques anytime soon: govt. barriers are going up
by Kylene Casanova
ATMIA welcomes Swedish Central Bank support for access to cash; UK government supports continuing with cheques. Future is bright for the multi-payment system providers
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.
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.
UK payment regulator proposes banks should sell stakes in VocaLink
by Kylene Casanova
The Payment Systems Regulator has recommended that VocaLink, the UK's payments infrastructure provider, should no longer be owned just by a relatively small group of banks.
EACHA to produce ACH framework for instant euro payments
by Kylene Casanova
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.
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
Seven tips for a happier financial supply chain
by Kylene Casanova
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?
European governments keep e-invoicing adoption moving as EU develops plan
by Kylene Casanova
Switzerland: partial e-invoicing obligation begins for suppliers to Swiss Federal Administration
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
Payment survey of B2B payments shows lowest uncollectables are in Europe at 2%
by Kylene Casanova
Atradius Payment Practices Barometer gives global picture: worst region for overdue invoices is Americas whilst Asia-Pacific has longest payment terms at 33 days, but overall conditions are improving
Late payments could put a quarter of UK SMEs at risk of insolvency
by Kylene Casanova
Half of all invoices are overdue, Tungsten Corporation study shows AND that the newly appointed Small Business Commissioner has much work to do
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
Late payment is costing UK’s SMEs £11bn a year
by Kylene Casanova
Small and medium-sized enterprises in the UK are spending up to £11 billion a year on chasing late payments from suppliers.
Is e-invoicing / e-billing entering a new era?
by Kylene Casanova
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
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
Top Image Systems and Hanse Orga combine to provide Accounts Receivable Solutions
by Kylene Casanova
New solution which offers significant time and cost savings in remittance processing achieves rapid success world-wide
Straight-through reconciliation of remittances with SunGard’s GETPAID
by Kylene Casanova
Solving one of the key challenges in credit and collection risk management
Tipalti global payment platform adds European VAT, tax number & ID document support
by Kylene Casanova
Tipalti customers can now request VAT ID numbers from their payees during setup process, and can control the payment process so that only payees that submitted VAT tax information get paid
Bill collection strategy for surviving the multi-channel payment systems problem
by Kylene Casanova
A multi-channel provider’s - TransCentra - advice and view of the future developments
IFX report on understanding the new ISO 20022 Stand-Alone Remittance Messages
by Kylene Casanova
Where and how to exploit the new remittance standards