Archive for Asia
For years, processing purchase orders and invoices at Alphamatic meant tons of paper, delays in payments and errors that required effort-intensive customer follow up. To remedy the situation, Alphamatic decided to joined the Ariba Network. It has quickly seen results.Read More
Pagero’s services aim to enable companies to digitally communicate business messages with each other, independently of ERP system, industry and transaction volume.Read More
Bank of China had provided loans to more than 8,000 SMEs through 500 supply chain finance projects. The amount of loans increased to nearly 1 trillion yuan ($160 billion) last year from 74 billion yuan in 2009.Read More
Tungsten Corporation has received nationwide approval in India to deliver services related e-invoices. Tungsten also helped effect a change in legislation, allowing all service-related invoices to become 'e' in India.Read More
We are glad to welcome yet another participant from Turkey. It shows once again that Turkey is at the forefront of e-invoicing, e-ledger, e-signatures, e-archiving and e-ticketing.
According to data from Turkish Information Technologies Industrialists Association, the e-Invoice market in Turkey is approximately worth 300 million dollars and Turkey is expecting a rapid and significant growth of market through ‘e-Transformation’. FIT Solutions is taking an active role in this process with their added value services.
Singapore is one of the few nations in the Asia Pacific region to have mandated the practice of e-invoicing. Since May 2008, e-invoicing has been mandated by the government for their suppliers.Read More
According to Akihiko Okamoto, president of Recruit Strategic Partners, both Tradeshift and Recruit Holdings understand that the way businesses interact is changing. This partnership will help even more Japanese businesses recognize their goals.Read More
The Vietnamese Ministry of Finance has announced a pilot scheme to allow 200 firms in Hanoi and Ho Chi Minh City to use electronic invoices late this year. According to the newspaper, the electronic bill will be provided with authentication code and unique identification number and a QR Code.Read More
There is nothing quite as gratifying as receiving a cheque in the mail from a customer, or an SMS notification from the bank announcing the arrival of payment for services rendered. Late payments, on the other hand, can signal cash flow disaster for growing small businesses.Read More
ApexPeak is a new capital provider aimed to provide services to small and medium size enterprises directly and those transacting on electronic invoicing networks. Founded in 2012, the firm provides in excess of US$1.3 billion trade finance to businesses located in 160 countries worldwide
By offering a simple, fast, flexible and affordable service, ApexPeak removes the lengthy, manual and restrictive processes required by banks. As a result, their customers no longer need to worry about cash flow problems and can instead focus on growing their businesses.