Archive for Payment

Stop Hoarding your money, start with Dynamic Discounting

May 18, 2012  |  Credit Management, Payment  |  No Comments

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...

Read More

Together Tradeshift and INTTRA provide ocean freight e-invoicing

INTTRA and Tradeshift have entered into a strategic alliance. Their goals is to enable ocean carriers and their customers to manage with a single connection ocean freight invoices, disputes and payments on a common platform

Read More

E-Invoicing Adoption Benchmarking Report

Not surprisingly, they're achieving significant benefits, including payment cycles reduced to five days, (from 23), a 39 percent increase in on-time payments and a 63 percent reduction in lost paper invoices

Read More

Canadian economy can save $32 billion with e-payment and e-invoicing

Canada’s economy could get an annual $32-billion boost with a more determined shift to digital payments technology. According to a new report a modern Canadian payments system will lead to far greater choice, efficiency and convenience for consumers, businesses, governments and organizations, as well as a safer, more secure system

Read More

CFO’s are worried: supply chain becomes a too intricate web of transactions

March 30, 2012  |  Payment, Publications, Research  |  No Comments

38% acknowledge that their late or erroneous payment to suppliers impact the suppliers commercial performance to the same level as it would their own business. 59% think the visibility of supply chain activity and supplier payment is becoming more difficult due to the increasing complexity of the networks

Read More

7 reasons why e-invoicing is all about working capital management

March 15, 2012  |  Adoption, Electronic Invoicing, Payment  |  1 Comment

FundTech noticed that much of the current debate on e-invoicing has been about the obvious efficiency savings compared with manual paper based processes. Even though electronic invoicing is a compelling proposition on its own; there are, however, several levels of significant additional benefits that can be realised with an e-invoicing service

Read More

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

Read More

6 low key e-invoicing and AP automation items still worth reading

There is way too much news these days on electronic invoicing, AP automation, bill payment, and so on. So in this blogpost you will learn about 6 low key news items that still are worthy of reading. Items like: InvoiceWare being compliant with Mexican e-invoicing regulations, CashFlows launching an e-Invoicing service, the problems with HIPAA 5010, The Taulia-Trustweaver partnership, Century bank using InvoiceCloud and Bulmers Limited using SoftCo R8 for AP Automation

Read More

E-Invoicing Provides New Avenues for Credit [WHITEPAPER]

March 1, 2012  |  Electronic Invoicing, Payment  |  No Comments

This free white paper looks at how the continuing growth of E-Invoicing can enable and facilitate the Supply Chain Finance market - and how financing can be a key driver for adopting E-Invoicing

Read More

Electronic billing practices increase accountability for healthcare professionals

February 16, 2012  |  Electronic Invoicing, North America, Payment  |  No Comments

It is quickly becoming generally accepted that shifting to medical billing software can increase cost efficiency and productivity. However, electronic medical billing software can also act as an important security function. Why? Because it allows practitioners to audit that all practitionars use compliant, ethical principles to receive compensation for services. In short: getting things paid

Read More