Archive for Cooperation
The news solutions provide users the ability to seamlessly manage the transaction of commercial documents such as orders, invoices and advanced shipping notes with more than 40 suppliers and partners and an easy exchange of payroll information with HMRC.Read More
Basware and Arrowgrass have today announced the introduction of a new company, Virtaus. Virtaus is a provider of smart financing for today’s digital and networked economy, providing businesses of all sizes with online and immediate access to short-term working capital.Read More
Together, Anachron and Buckaroo will combine their core competences and strengths to support organizations and companies around the world with their online billing and e-payment needs.Read More
This new agreement reinforces the EDICOM Public Administrations HUB. Through it, users are guaranteed connectivity with public agencies worldwide. This makes it easier for multinationals to adapt to this increasingly widespread global system.Read More
Kansys Inc has joined forces with AcceptEmail to offer OCPay - short for “Open, Click, Pay” - an email- or text-based bill payment option to providers of communications services. The solution is available immediately to Kansys customers.Read More
The new office will open on 1 November with a team that has extensive experience of the purchase-to-pay sector. Sales in Norway will be conducted both directly and through specialist channel partners, following Palette’s strategy in other markets.Read More
Anachron and Credit Tools announced to join forces to streamline and connect the many processes related to e-Invoicing and credit management. The focus of this partnership is the new Credit2Control solution, available as part of Anachron’s recently launched Order2Cash platform.
Invoicing and credit management are both core components of the order to cash cycle but many businesses divide the work across separate departments. This can cause unnecessary delays in the overall time-to-payment and make credit management, in particular, quite a re-active process. Credit2Control bridges those gaps effectively, making it possible for credit management to begin much earlier in the cycle.
Credit2Control is one of the core components of the Order2Cash platform. Customers can integrate its credit management tools with e-Invoicing (Invoice2Deliver), online payments (Accept2Pay) and other functionalities in order to build a single enterprise solution for managing the entire order to cash process.
Credit2Control makes it possible for credit managers to oversee all financial and customer history information through a single platform. They can gain access to the latest credit reports for all prospects, customers and suppliers. Armed with this information they can quickly tailor workflows, timelines and specific payment rules for different target groups or individual customers. This will help them to monitor business risk effectively, accelerate payment timetables and rapidly reduce their DSO levels.
Frank Hoekstra, CEO at Anachron:
“Anachron’s goal is to make finance go faster Linking e-Invoicing with credit management has been a key objective of ours in building Order2Cash and working with Credit Tools has enabled us to bring that vison to market. The Credit2Control solution addresses more than just process management for outstanding invoices and bad debt; it gives companies an efficient and cost-effective means to protect their cash flow levels by introducing a more pro-active credit management process. It also provides them with a wealth of financial data that they can use to make accurate payment forecasts, using hard facts and not guesswork.”
Pim van Hagen, CEO at Credit Tools:
“Anachron and Credit Tools work well together as we share a common vision; to accelerate the order to cash cycle. Like ourselves, they understand the importance of credit management to the financial health of an organization. Merging our competences into the Credit2Control solution gives customers access to a complete overview of their financial data, which they can analyse to inform their underwriting decisions. They can manage and strengthen their ongoing relationships with receivers and suppliers and ultimately protect their bottom line at all times. We are sure that companies around the world will instantly recognize the value that Credit2Control can deliver to their business.”
The collaboration is focused on delivering electronic invoicing and ordering solutions that meet regulatory and market needs as well as on transforming the healthcare supply chain through increased automation.Read More
Microsoft Dynamics NAV customers to take advantage of the visibility that Tradeshift provides into the invoice approval process to reduce exceptions, resolve discrepancies in real time and to send invoices directly to the Tradeshift platform.Read More
The technology integration will bring Selectica’s SmartSource strategic sourcing capabilities such as RFX, bidding, reverse auctions, and contract awarding to Tradeshift’s rapidly growing network of suppliers and buyers.Read More