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
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
Olli Kähkönen, Nordea started his presentation by describing the spirit and philosophy of SEPA beautifully, namely: realizing benefits form global standards, end-to-end automation, common collaboration, from complex
by Kylene Casanova
On the 1st January 2013, new VAT legislation will theoretically simplify the rules for electronic invoicing, but this is still in draft form.
by Kylene Casanova
Logica, now part of CGI Group Inc., and Citi's Transaction Services division, have formed a strategic alliance to provide CGI's Logica Mandate Management service (LMM) to Citi's institutional client base in Europe.
by Kylene Casanova
Belgium is by far the front-runner in the migration towards SEPA. In July 2012, the share of SCTs reached more than 58% of the total number of credit transfers made, a much higher proportion than in most other count
by Kylene Casanova
The latest clearing statistics from the UK's Payments Council shows major differences in annual growth rates
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
Western Union Business Solutions, a business unit of the Western Union Company, has introduced its business-to-business (B2B) service in three new markets - Chile, Cyprus and Jordan.
by Kylene Casanova
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 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
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 Kylene Casanova
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 Kylene Casanova
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 Kylene Casanova
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 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
In July 2011, the UK's Payment Council decided to abandon their plan to kill off the cheque.
by Kylene Casanova
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 Kylene Casanova
Wells Fargo Company announced today that it had become the first major financial services company to natively support Macs for remote deposit capture.
by Kylene Casanova
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 Kylene Casanova
Deutsche Bank's FX4Cash platform handles Outbound and Inbound payments.
by Kylene Casanova
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 Kylene Casanova
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.
