Archive for North America
NACHA’s ISO 20022 Mapping Guide & Tool, standardizes the practice of mapping ISO 20022 formatted payment messages to corresponding NACHA file formats and can be used by financial institutions to easily and consistently translate ISO 20022 payment instructions into ACH formats.
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With Fundtech D+H will now service eight of the top 10, and 32 of the world’s top 50 banks, along with about 190 of the top 300 U.S. banks. Fundtech holds some 1,500 employees and 19 offices globally.
Read MoreIts ERP implementation partner strongly encouraged to evaluate Tungsten’s solution based on its strength in the market. Tungsten’s All-in-One For JD Edwards AP product integrates with JD Edwards software and enables the processing of all invoices.
Read MoreFor years, processing purchase orders and invoices at Alphamatic meant tons of paper, delays in payments and errors that required effort-intensive customer follow up. To remedy the situation, Alphamatic decided to joined the Ariba Network. It has quickly seen results.
Read MoreUSF has extended its deployment of the PaletteArena product suite with the purchase of two additional modules. USF is now also using PaletteBuyer, which provides greater control over purchases and matches orders to invoices, and PaletteContract.
Read MoreHLNA 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.
Read MoreMexico 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.
Read MoreThe company will utilize Corcentric’s Invoice Virtualization Center to convert 18,000+ PO and non-PO supplier invoices every month to e-invoices so all invoices can be processed electronically, regardless of format.
Read MoreThe customer base for AP invoice automation grew by a significant 19 %, based on total number of customer contracts. The biggest growth was on the US market and within the SME market in Sweden.
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The US Office of Management and Budget is developing new guidance that would strongly encourage agencies to use only the Invoice Processing Platform (IPP) for electronic transactions.
The US Office of Management and Budget (OMB) is circulating a ‘Comply or Explain’ draft memo that wouldn’t quite mandate the use of the IPP, but it would require agencies to justify why they wouldn’t use the IPP. Federal CFOs currently are commenting on the draft guidance.
