Archive for Payment

Tradeshift and Taulia to bring Dynamic Discounting to the masses

June 1, 2012  |  Electronic Invoicing, Payment

Tradeshift and Taulia announced a partnership that should bring dynamic discounting to the masses. They agreed that Tradeshift's enterprise customers can now integrate to SAP using Taulia's advanced connector. On the flip side, Taulia will launch its Dynamic Discounting application on the Tradeshift network for businesses of all sizes

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Can Instant Payments disrupt the banking industry?

May 31, 2012  |  Europe, North America, Payment

Waiting to get paid. This can take up to 90 days and SMEs get into trouble because of it. Why? They have to cough up the money to run their own business. And if they fail to do so they are forced to get credit from the bank, perhaps reduce their growth and even shut down their business entirely. Tradeshift’s solution to : Instant Payments

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6 US AP automation news bytes

Many companies recently announced that they have selected a third party to automate their accounts payable process. Perceptive Software and University of Kansas; Icelandair Group and Brainware Distiller; Qualicaps and Esker; Birchstreet and Northwood Hospitality; Sears Canada and ADP; Concur and Brainware Distiller. Read the ins and outs here

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MyBank project makes pan-European transactions possible

May 25, 2012  |  Europe, Payment

Wouldn’t it be great if it were possible for individuals to sell and buy goods and services over the internet at a pan-European level? The new electronic payment solution MyBank turns this dream into a reality. The technical pilot phase of the MyBank project starts on June, 4

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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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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

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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

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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

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

March 30, 2012  |  Payment, Publications, Research

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

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

March 15, 2012  |  Adoption, Electronic Invoicing, Payment

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

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