Archive for Payment

“Have you received my invoice? When will it be paid?”

For AP employees these are two questions they probably hear so many times during the business day that they probably hear them in their sleep. Thankfully, as part of its solution portfolio, Tungsten Network offers a supplier portal that delivers invoice statuses back to suppliers.

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New Corcentric Partnership Gives Trailways Carriers Buying Power

Corcentric has created a new program to provide Trailways network members access to major suppliers and competitive pricing through the AmeriQuest Group Purchasing program.

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30 percent of invoices in Hong Kong are paid late! What to do?

January 13, 2015  |  Asia, Credit Management, Payment

There is nothing quite as gratifying as receiving a cheque in the mail from a customer, or an SMS notification from the bank announcing the arrival of payment for services rendered. Late payments, on the other hand, can signal cash flow disaster for growing small businesses.

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Taulia launches its “Take Control” campaign on Early Payments and AP Automation

Taulia has launched its "Take Control" campaign to help companies understand Taulia's early payment solution, and maximize the benefits of AP automation. So it launched a dedicated  Take Control website, together with this video.

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M(obile) reaches Africa’s small businesses

January 7, 2015  |  Adoption, Africa, Payment

In 2012, Africa’s mobile financial transactions reached USD 61 billion – more than Europe and North America combined and will be key to unlocking financial services to small business and farmers. Access to credit, or m-funding, will increasingly become a routine exchange between alternative financiers and business in Africa.

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Simplicity matters for eInvoicing, portals and dynamic discounting!

Simplicity matters for eInvoicing, portals and dynamic discounting!

As you probably know, getting your suppliers to enroll, and actually use your portal is the first step to ensuring effectiveness and the highest ROI. How can you tell if a portal is bound to receive low supplier adoption? Here are three key warning signs you should look for.

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12 E-invoicing and AP Automation bites you may have missed last month

We continuously collect news items that for some reason don't make it to a full post here at the E-invoicing Platform. News from the world of on e-invoicing, payments, invoice automation, order to cash, purchase to pay, compliance or e-procurement. And because we do want to give you the opportunity to get informed about what is going on all over the world, we provide you with this news flash.

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When will the trade finance world see the future? [Opinion]

When will the trade finance world see the future? [Opinion]

Companies are moving into open account trade relations. Banks' role is limited to money transfer and fees made, in letter of credit methods are now gone. Apparently with the Bank Payments Obligation, SWIFT has once again thought to have found a cure (after its failed TSU product) to recapture the dying trade income.

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Consultation: Should UK companies provide payment, e-invoicing details?

December 8, 2014  |  Adoption, Europe, Government, Legal, Payment

Now this is an interesting news release on the website of Supply Management. It states that the UK Goverment is asking for views on our proposals to make companies report on their payment performance to help create responsible payment practices. The idea behind the consultation is to know if the UK Goverment should ask companies to report on a series of measurements that will tell them about several payment performance indicators.

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Tungsten's Early Payment is now live in the UK and in the USA, to reach the USD 1,000 bn goal

Tungsten’s Early Payment is now live in the UK and in the USA, to reach the USD 1,000 bn goal

This move is part of the company's progress towards its medium term goals of:$1,000 bn of invoice value on the Tungsten e-Invoicing Network, $100 bn of invoice financing through Tungsten Finance, $10 bn of savings for clients using Tungsten Analytics.

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