Technology boosts attractiveness of supply chain financing

August 5th, 2008 by in Uncategorized

Corporates are looking at new ways of making the supply chain more efficient and improving key financial ratios such as days’ sales outstanding. Here, Ian Watkinson and Lee Murphy from The Royal Bank of Scotland explore how electronic-invoicing can support these goals.

2008 is proving a pivotal year for electronic invoicing as the discipline begins to […]

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Atos and ING tie-up for payments

July 30th, 2008 by in Uncategorized

Atos Origin’s Rob Pols (left) with Robert Heisterborg of ING Dutch banking heavyweight, ING, and Franco-Dutch IT services company, Atos Origin, have formed a partnership to offer back office payments processing to banks and corporates within Europe. The companies have been in extensive contact for the last two years, following ING’s outsourcing deal with Atos, […]

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JPMorgan Chase to deploy Oracle document capture software

July 29th, 2008 by in Uncategorized

US banking group JPMorgan Chase is implementing electronic document capture and management technology supplied by Oracle across its global operations.

The bank is implementing Oracle’s Distributed Document Capture technology to facilitate the electronic capture and management of a broad range of critical business documents including loan applications, financial statements, invoices and checks.

Oracle says the Web-based system […]

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Beyond business as usual

July 28th, 2008 by in Uncategorized

Technology has had a significant influence on commercial banking, says Ian Watkinson, head of e-invoicing, Royal Bank of Scotland. “The internet has changed the way we do business forever and there is a greater drive for automation and a genuine move away from paper,” he says.

In June, RBS entered into a multi-year electronic invoicing agreement […]

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Monster extends A/P automation with Transcepta e-Invoicing solution

July 28th, 2008 by in Uncategorized

Transcepta, a provider of e-invoicing solutions, has announced that Monster Worldwide, a provider of online employment solutions, has selected its electronic invoicing solution as part of an overall initiative to automate its accounts payable process.Monster Worldwide will expand its Basware Invoice Automation solution to include receiving e-Invoices and integrating them into Monster’s enterprise-wide Oracle Financials […]

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Xenos renews reseller agreement with Document Dialog

July 25th, 2008 by in Uncategorized

Xenos Europe Ltd. announced that it has signed a three-year renewal agreement with its value added reseller (VAR), Document Dialog. 

The European systems integrator will deliver Xenos’ high-performance data and document software solutions for organisations across The Netherlands, Germany, Austria, Belgium, Switzerland and Luxembourg, enabling them to reduce costs, improve information access and meet Green IT […]

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Infrastructures for electronic invoicing in B2G transactions

July 24th, 2008 by in Adoption, Electronic Invoicing

The government of the Netherlands is aiming to be able to process 10% of incoming invoices (i.e. around one million invoices) electronically within three years. The benefits will include corresponding improvements in efficiency, reductions in errors and cost savings. Yet […]

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Successful integration of CORSA and SG|tobias at wonenCentraal

July 24th, 2008 by in Uncategorized

In 2001, BCT Guiding Documents and SG Automatisering integrated BCT’s CORSA document management system with SG’s real estate administration system (SG|tobias) for the first time. Since then, this combination has also been implemented about thirty times by real estate administrators throughout the Netherlands, e.g. by wonenCentraal in Alphen aan den Rijn. When the SG housing […]

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MacKinnon quits European Payments Council

July 23rd, 2008 by in Uncategorized

Stewart MacKinnon has resigned as secretary general of the European Payments Council (EPC), citing differences of opinion about the role and direction of the EPC.
In February last year, MacKinnon was named as the new secretary general to succeed Charles Bryant, who stepped down in June 2007 following completion of his term of office and now […]

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MasterCard Payment Gateway integrates iPayables e-invoicing

July 21st, 2008 by in Uncategorized

MasterCard Worldwide today announced that it has integrated the MasterCard Payment Gateway with iPayables’ electronic invoice delivery capabilities to provide expanded payment solutions to corporations and financial institutions.

The combined offering provides a complete procure-to-pay solution that supports settlement using a MasterCard payment card account or electronic funds transfer (EFT).

Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), […]

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