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 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
The Royal Bank of Scotland (RBS) plc today announced the launch of the RBS SEPA Accelerator; a new solution to help clients quickly and cost-effectively migrate to mandatory SEPA standards.
by Kylene Casanova
Payroll payments in the new SEPA Credit Transfer XML formats have to work from 1 February 2014. The rest is detail.
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
The graph on SEPA Direct Debits says it all:
by Kylene Casanova
Steve Sprague, VP Product Strategy, Invoiceware International, one of the leading e-invoicing networks with 200 global enterprises, in his blog on Finextra described the key difference between Latam and Europe.
by Kylene Casanova
The astonishing growth in Faster Payments (the online payment service for phone, the Internet and other payments) usage in 2012 - 54% by volume and 163 % by value - shows consumers and businesses just love the servi
by Kylene Casanova
US electronic payments association NACHA's Council for Electronic Billing and Payment (CEBP) has issued final guidelines for the use of Quick Response (QR) - see below - codes in consumer bill payment.
by Kylene Casanova
The UK Payments Council's clearing statistics for 2012 show that a revolution is happening in the UK payments landscape:
by Kylene Casanova
The fifth annual Billing Household Survey, which was carried out by US financial services technology company Fiserv, indicates that:
by Kylene Casanova
The formation of the world's largest e-invoicing network by Tradeshift and Intuit will give another boost to the adoption of e-invoicing world-wide. This combined with the emerging new standards could see 2013 as th
by Kylene Casanova
Due to the dogged determination of FMS's MD, Gianfranco Tabasso*, in many SEPA committees and steering committees over the last 3-4 years, there is a 140 characters data field in both the SCT and the SDD formats.
by Kylene Casanova
Nigel Taylor at GXS believes that 2013 is already shaping up to be a watershed year for electronic invoicing (e-invoicing) with new legislation coming into effect in Europe, Latin America and the US.
by Kylene Casanova
Volatile markets and shifting regulations require a dynamic approach to managing the treasury project queue. Treasury Alliance have put together a list of ten projects that may have slipped your list including SEPA
by Kylene Casanova
Thomas Wolpert of UTA, a transport services provider operating throughout Europe, describes how their single euro payments area (SEPA) Direct Debit (SDD) implementation programme began in 2010 and is now all ready f
by Kylene Casanova
Two recent surveys of corporate treasurers' readiness for SEPA have shown how many companies are leaving it very late to get started on their migration to SEPA standards:
by Kylene Casanova
The survey of 300 businesses in France, Germany and the UK conducted by Edgar Dunn Company on behalf of Steria, found that almost 70% of European businesses are aware of Sepa in general, and more than 80% of busines
by Kylene Casanova
The problem with Business-to-Business (B2B) payments is that to achieve full automation and STP there needs to be general ledger (GL) to GL integration plus much more information about the order, invoice and receipt
by Kylene Casanova
The trend to integrated business processes continues. OB10, a leading e-Invoicing network, today announced a strategic partnership with Infosys BPO, the business process outsourcing subsidiary of Infosys Limited. Th
by Kylene Casanova
EBA Clearing, a major Pan-European payment infrastructure solutions provider, has introduced new optional services on the STEP2 platform to meet the requirements of its users for the single euro payments area (SEPA)
by Kylene Casanova
Companies have to implement significant changes to their operational models to move to SEPA. They have to invest in system upgrades, testing and staff training. The scope of the changes is extensive.
by Kylene Casanova
Dr Thaer Sabri, Chief Executive Electronic Money Association, in his presentation at the recent Eurofinance Conference in Monaco used Square and PayPal as examples of additional functionality being added to payment
by Kylene Casanova
The consensus in the many corporate treasurers I know is that the euro will survive, and at least one country will exit the euro. Although there are great differences of opinion about what will happen, ranging from
by Kylene Casanova
The latest World Payments Report from CAPgemini, RBS and EFMA is another tour de force with amazing range and depth of analysis. The key findings are mostly expected:
