Tungsten selected by Honda Logistics to automate its AP processes

HLNA currently processes 10,000 invoices per month and expects its volume to increase by 30% over the next three years. Automating its accounts payable processes will reduce overhead costs and increase efficiency.

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Bloomberg: “Taulia May Go Public in 2016, Sees Valuation of Over $1 Billion”

Taulia started in 2009, has processed $75 billion in payments, and has raised $85 million in funding until now. Taulia would float 10 to 15 percent of its value and has been talking to investment banks. Taulia and hasn’t selected underwriters yet.

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Argentina: e-Invoicing mandatory for all VAT-registered businesses as of 1 July 2016!

The new regulations stipulate that all taxpayers registered for Value Added Tax (VAT) must join the system no later than July 1, 2015. This also applies to a small group of individuals and companies, regardless of their assessment status.

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Mexico SAT extends Contabilidad Electronica Deadline – Key Takeaways

Mexico SAT recently announced a delay on the initial filings for Contabilidad Electronica until April 3rd (Chart of Accounts and Trial Balances) and July 1st (Journal Entries). This post providers guidance on the impact of these changes.

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Basware: “Let’s commerce flow” [video]

Basware’s takes the story beyond financial software to showcase the potential of the Basware Commerce Network in helping businesses large and small ‘unlock value in a connected business world’.

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AcceptEmail and Twikey cooperate on interactive e-mandate platform

March 13th, 2015 by in Cooperation, Payment

Senders of AcceptEmail are now able to use the signing mechanisms for electronic mandate offered by Twikey, while receivers are able to see what their mandate status is.

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Bank of China lowers SME credit threshold

Bank of China had provided loans to more than 8,000 SMEs through 500 supply chain finance projects. The amount of loans increased to nearly 1 trillion yuan ($160 billion) last year from 74 billion yuan in 2009.

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Anachron successfully renews its ISAE 3402 Type II certification

It illustrates Anachron’s commitment to, and capability in, providing class-leading outsourcing solutions within the Order2Cash space, from e-Invoicing to e-Payments, Contract Signing, Document Management and more. The audit covered the 2014 calendar year for all services.

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Tungsten gets the go ahead for e-invoicing in India

Tungsten Corporation has received nationwide approval in India to deliver services related e-invoices. Tungsten also helped effect a change in legislation, allowing all service-related invoices to become ‘e’ in India.

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Introducing FIT Solutions: creator of world’s new ‘e-Transformation’ concept

We are glad to welcome yet another participant from Turkey. It shows once again that Turkey is at the forefront of e-invoicing, e-ledger, e-signatures, e-archiving and e-ticketing.

According to data from Turkish Information Technologies Industrialists Association, the e-Invoice market in Turkey is approximately worth 300 million dollars and Turkey is expecting a rapid and significant growth of market through ‘e-Transformation’. FIT Solutions is taking an active role in this process with their added value services.

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