Archive for Credit Management

Better buying, better selling and now: better paying [CEO Blog + video’s]

At the end of September Basware announced their exciting partnership with MasterCard to combine payment processes with electronic invoicing network. By combining their skills, expertise and networks, they are able to bring great value to businesses of all sizes and economies around the world.
As this infographic shows, this will boost cash flows and financial confidence – and ultimately help the world economy to grow. As you can learn from the interview videos, their joint offering can help to mitigate fraud and other impediments to cash flow.

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Volvo Cars extends e-Invoicing solution with interactive credit module

Volvo Cars extends e-Invoicing solution with interactive credit module

Two years ago Anachron implemented a full hybrid e-Documents solution at Volvo Cars Netherlands. The solution sends out all invoices and other documents electronically to 115 dealers across the Netherlands. Now, the existing web portal has been further developed with a functional and interactive credit module to improve internal communication, document exchange and to reduce errors.
The credit module allows dealers to send different types of sales- and business requests to the headquarters of Volvo Cars NL. Based on the type of request, the documents follow a certain road for management, validation and archiving.

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Tradeshift launches a $3bn factoring business to improve access to cash for SMEs

As we all know (and feel) there is an urgent need amongst SMEs for cash, liquidity, and for innovation in the financing and lending space which is dominated by dinosaur-like institutions like banks. Thanks to a new funding solution by Capital Aid, TradeShift will be able to fund B2B transactions on the Tradeshift platform across all of Europe with a strong focus on the UK.
The new service provided by CapitalAid will address the cash-flow problems faced by most businesses today, by offering them instant payment on their invoices with a ONECLICK solution covering the entire approval process. The aim is to disrupt the current credit market by offering instant cash against invoices -- cheaper & faster than any bank can do today.

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Let Basware take you on a journey to business growth

Two weeks ago, Basware warned you for the four deadly traps in payables. And now the provider of purchase-to-pay solutions literally shows you which route to take for business growth with a very cool infographic. Basware compared 1368 small and medium-sized businesses, and discovered six critical challenges.

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Catlin US fosters growth with Datacert’s Passport

September 19, 2012  |  Credit Management, Legal, North America

Did you know that law departments can also get their hands on a Passport? Datacert’s patent-pending Passport system that is. Specialty insurance and reinsurance underwriter Catlin US has cut the knot by implementing Passport’s matter management and legal spend management applications.

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Stop Hoarding your money, start with Dynamic Discounting

May 18, 2012  |  Credit Management, Payment

During tight times, the tendency for most organisations is to shore up costs and adopt a myopic approach to conducting business. This is not the way to prepare for, or pull through, a market slowdown. Companies bold enough to embrace such a creative approach can successfully navigate today’s rough waters...

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Behold: the universal right of freedom of choice [COLUMN]

A few weeks ago I asked the question why we single-handedly change the contract when it comes to paying an invoice. And why we unanimously accept it? We even accept that suppliers extend their payment terms in terms of crisis. And we even accept to ask for our money, even though the suppliers has committed himself to a legal obligation to pay within the agreed time frame. It is all too weird

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Fears about a double dip are leading companies to hoard cash

In a volatile and uncertain economy, the supply chain is a company’s secret weapon to put money to work

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Companies maximize cash and minimize risk with Ariba

Buyers and sellers leverage dynamic discounting solution to boost returns on parked capital, mitigate financial and supply risk

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