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 moreby Kylene Casanova
"If only we could monetise that facility, that function, that service", is a cry that is heard in businesses world-wide. Unless you can monetise a product or service AND provide transparency of service and comply wi
by Kylene Casanova
Payments Roadmap – An Initial Report today spells out the Payments Council's revolutionary ....
by Kylene Casanova
The 2013 'e-invoicing / e-billing 2013' report from Billentis shows that only a small percentage of the bill and invoice volume has been automated:
by Kylene Casanova
Baystate Health, a Massachusetts-based healthcare system, used ACL's Analytics Exchange (AX), automated continuous auditing technology to streamline their billing service and uncovered $2.5 million in lost revenue,
by Kylene Casanova
FICO, a leading predictive analytics and decision management software company, have announced that BNP Paribas Bank Polska has successfully used FICO® Adeptra® Risk Intervention Manager, part of the FICO® Adeptra® M
by Kylene Casanova
SunGard has released a new version of AvantGard Receivables (GETPAID). The credit and collections solution now offers statistical modelling functionality to help companies prioritise collections. Its
by Kylene Casanova
Deutsche Bank announced last week the launch of Accounts Receivable Manager (ARM) for SEPA, a corporate cash management solution designed to help global organisations that manage high
by Kylene Casanova
Bottomline Technologies launched V-Series on 4 April, its new technology platform for real-time validation and verification of UK bank accounts. V-Series enables organisations to combat the threats
by Kylene Casanova
The new Payments Council service will enable secure payments to be made directly to or from an account without the need to disclose the sort code and account number, by simply using a mobile phone number as a proxy.
by Kylene Casanova
Immediate payment systems make payments within a few second which are cleared the same day, and mostly operate 23/7or 24/7. They are being launched world-wide to support retail e-commerce. Not only, consumers are us
by Kylene Casanova
Betty Fan, senior consultant at Element Consulting Group in the USA, an advisor of shipping companies and manufacturers, in an article in 'the corporate treasurer', recommends an integrated approach from all busines
by Kylene Casanova
PPG is a major MNC in Europe with 100+ legal entities using Oracle and SAP ERP systems with completely decentralized cash application and collection processes. There were a mixture of
by Kylene Casanova
OB10, the e-Invoicing network, and sharedserviceslink.com, have carried out a survey of 200 accounts receivable professionals which found that 85% agree that eliminating exceptions would be one of the most effective
by Kylene Casanova
Today, the British Chambers of Commerce (BCC) released the results of a survey of more than 5,000 businesses, which found that 94% of firms have been paid late, with one in four reporting over 40% of their payments
by Kylene Casanova
Finnish e-procurement and e-invoicing software company Basware has been selected by Huf Hülsbeck & Fürst (Huf), a German company within the automotive industry, for its AP automation and e-invoicing services powered
by Kylene Casanova
The Russell Group, one of the UK's leading logistics and warehousing firms, is achieving efficiency savings of over £100,000 per annum after automating its purchase-to-pay process using m-hance's electronic invoice
by Kylene Casanova
The ‘E-invoicing market guide 2012’ from The Paypers builds on the success of the previous year’s edition. It brings together the most complete and up-to-date overview of the global e-invoicing ecosystem, mapping ou
by Kylene Casanova
Everyone is vulnerable to invoice fraud. Lloyds TSB in the UK took a hit after one its workers was found to have submitted false invoice payments over a period of four years, before laundering the proceeds.
by Kylene Casanova
The latest Payment Practices Barometer from Atradius showed that British businesses appear to be performing better than those across Western Europe when it comes to settling invoices on time.
by Kylene Casanova
The legally-binding SEPA (Single Euro Payments Area) implementation deadline of February 1, 2014 will have a huge impact and will require companies to undertake significant IT changes.
by Kylene Casanova
Ariba's new version of their collaborative commerce platform is designed to enhance the company's smart invoicing capabilities, and is available and in use today.
by Kylene Casanova
MetraTech Corp. today released MetraNet 6.5 of their agreements-based billing (ABB™) and compensation solutions
