Collecting bills efficiently, on-time and with a minimum of bad debts is essential in any business. Bill collection, unlike collecting payments at the point of sale, involves granting the buyer credit…
Read moreby CTMfile
Bottomline Technologies of the US have announced that they are to acquire UK Bacs processing firm Albany Software. Financial terms of the acquisition were not disclosed.
by CTMfile
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 CTMfile
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 CTMfile
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 CTMfile
One of our clients uses OB10, the global e-invoicing network, to collect and manage invoices from their suppliers, but they only use half the service. They make us submit Purchase Orders which we have to quote when
by CTMfile
Recent fraud cases in the UK and Singapore have highlighted how disgruntled employees and dishonest managers can use invoicing systems to carryout serious levels of fraud that can threaten the business.
by CTMfile
Business and technology service provider Logica has signed an agreement with Rabobank to help the bank's corporate customers meet the introduction of Single Euro Payments Area (SEPA). As part of this collaboration,
by CTMfile
Bill.com, an integrated bill payment, invoicing and cash management solutions supplier, today announced the general availability of brand new functionality that completes its Cash Flow Command and Control System(TM)
by CTMfile
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 CTMfile
In July 2011, the UK's Payment Council decided to abandon their plan to kill off the cheque.
by CTMfile
Bank of America Merrill Lynch today announced a proprietary lockbox service in Canada. Companies receiving payments in Canada can now utilize lockbox processing that is consistent with the same service BofA Merrill
by CTMfile
Wells Fargo Company announced today that it had become the first major financial services company to natively support Macs for remote deposit capture.
by CTMfile
Basware, a provider of e-invoicing and purchase-to-pay solutions, has successfully built PEPPOL (Pan-European Public Procurement Online) compliant procedures and protocols into all of its e-invoicing solutions, expa
by CTMfile
Deutsche Bank's FX4Cash platform handles Outbound and Inbound payments.
by CTMfile
The Image Deposit Direct® Mobile (IDD Mobile) service enables U.S.-based companies to make check deposits using any Apple iPhone® device, eliminating the need to visit a bank branch.
by CTMfile
doxo, the all-in-one digital file cabinet and payment provider, today announced that a dozen state and local government agencies had joined their service.
by CTMfile
BofA Merrill has chosen Sential's Origix Corporate as their solution for SEPA Direct Debit mandate management.
by CTMfile
Billing automation using all sorts of payments channels is happening world-wide, here are a few of the latest examples:
by CTMfile
Poor payment data in SEPA can cost a lot. Banks charge €6 per record to reformat an IBAN(International Bank Account Number) and rectify failed payments and then there is the cost of contacting all customers and supp
by CTMfile
OB10 has launched of a completely redesigned portal which will enable them to make e-invoicing easier and more valuable to their clients.
by CTMfile
Zumbox, the Californian based service company, creates a digital mailbox for every street address in a country.
by CTMfile
Most buyers use a single e-invoicing service provider, a three-party model, as shown in above.
by CTMfile
In 2011 there was a significant increase in the use of e-invoicing throughout Europe and in market awareness.
by CTMfile
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.
