Archive for Payment

4 ISO20022 myths debunked

August 23, 2012  |  Electronic Invoicing, Europe, Payment

As from 1 February 2014, SEPA will replace all local payment systems. Also the overall majority of regular payments and collections in the euro zone will have to be processed as a SEPA payment as of 1 February 2014. Despite, or perhaps due to, the increased interest in ISO 20022 some myths were born. Time to take a look at these myths and debunk them.

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Why dreaded compliance mandates create AP perfection and e-business innovation [6 takeaways]

In several contributions in the blogosphere Steve Sprague (Vice President at Invoiceware International) reflects on how Latin American e-invoicing compliance mandates have a positive impact on e-invoicing adoption and innovation. His key takeaways on mandated e-invoicing.

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Banks and e-invoicing. Will they play their part? Or go for partnerships?

At some point an invoice needs to be paid. The same goes for e-invoices. And somewhere down that line a financial institution comes in. Banks for instance. Banks have a lot to do with payments. And as e-invoices provide great opportunities to integrate invoice information with payments, you’d reckon that banks all over the world would enter the e-invoicing arena. Right?

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Banks and service innovation: becoming more relevant to SMEs? [POLL]

July 25, 2012  |  Financial software, Payment, Research

Businesses need banks. To transfer and receive money. For extra money. For international expansion. But that doesn’t mean that every business is completely of the services that banks provide. That is why more and more businesses are looking for other providers to get their needs fulfilled. That is why more and providers are looking for profitable ways to compete with banks. And that is why banks are more than ever exploring how to become more relevant to their customers. A recent poll shows what the US banker sees as most relevant.

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6 e-billing and AP automation news bits

Let’s test your computing knowledge: how many bits are in a byte? We’ll give you a moment to come up with the answer (and no googling!)… Very good, there are 8 bits in one byte. So technically we can’t give this article the title “news byte,” so we present you 6 e-invoicing and AP automation news bits.

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Banks: 7 easy ways to optimise your corporate clients working capital [WEBINAR]

July 16, 2012  |  Electronic Invoicing, Events, Payment

In times of crisis, like this credit crunch, it is essential to increase your relevance towards your customers. And to your customer’s customers. That is why working capital management and access to liquidity are now on top of mind. Take a look at at least 7 ways companies and corporates can improve their cash liquidity and optimise their working capital requirements.

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US kicks-off with e-billing: countdown timer and online payment platform

US kicks-off with e-billing: countdown timer and online payment platform

Why wait for 2020 like Europe if you can have it in place by 1 March 2013? It is clear that the American countries are setting the pace for e-invoicing and e-invoicing adoption. On 1 March this year the Treasurer of the United States, Rosie Rios, started an official countdown clock, marking one year until the March 1, 2013 deadline when ALL federal benefit recipients must receive their Social Security and other federal benefit payments electronically.

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Cegedim and CIC add e-signatures to SEPA e-mandates, making them highly secured

July 9, 2012  |  Digitalisation, Europe, Payment

Cegedim and CIC have partnered to help enterprises migrate their systems to SEPA. SEPA is the European Union's payment integration initiative for simplification and harmonization of member state money transfer systems. By adding CIC’s e-signatures to the Cegedim’s SEPA suite, they provide a highly secure SEPA e-mandates solutions.

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You can now acces your T-Mobile ebill on Facebook

June 29, 2012  |  Electronic Invoicing, Payment

As from today you can access your My T-Mobile via Facebook. All in all it is quite a bold approach because most companies want to redirect and retain their customers in their website as much as possible. But it is also a very smart approach, because now customers and other Facebook visitors see T-Mobile much more.

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British small businesses are waiting for £35 billion

June 29, 2012  |  Invoice Automation, Payment, Research

We hate waiting. And we don’t have all those nice queues like they do in the UK. Even though they do it in a more social fashion, the Britons are no strangers to waiting either. Small businesses in the United Kingdom are waiting on £35 billion in late payment.

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