Archive for North America
According to Euromoney’s 2014 cash management survey, over 60% of a record 28,000 treasury professionals from non-financial corporates and financial institutions want to see the universal use of a common electronic bank billing standard, with Asia Pacific based treasurers the highest by region among them at 68%. By comparison, 50% of Europe based treasury professionals want it.??
Read MoreThyssenKrupp will connect to the network to streamline purchase orders and invoices and realize the following business benefits (1) efficient collaboration with more than 10,000 suppliers, (2) procure-to-pay process efficiency through purchase order and invoice automation and (3) the ability to automate nearly 1 million invoices a year.
Read MoreWe earlier already mentioned that Tungsten was in the process of buying Docusphere. Tungsen now announced that is has successfully completed its acquisition of DocuSphere in September 2014.
This deal significantly extends Tungsten’s goal to help companies streamline their AP, adhere to tax and regulatory compliance, and have greater transparency of the entire invoice-to-pay process.
The agreement includes invoice automation and full inbound e-invoicing services. Basware is also providing Basware Analytics for enhancing accounts payable data visibility and a mobile solution for processing e-invoices. The value of the agreement is EUR 700,000 over three years.
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PIAC estimated the total is "conservatively" between $495 million and $734 million, plus taxes. Some $102 million in fees are being paid by low-income Canadians and seniors who don't have Internet access at home or don't use computers!
PIAC was pleased when the federal government pledged to ban the practice of charging for paper bills, first in its throne speech last October and then again this February in releasing its budget.
Two of North America’s largest daily newspapers have deployed web-based electronic invoicing from PaletteInvoice, distributed by EchoVera. Both newspapers are using the technology to process, approve and schedule the 65,000 supplier invoices they receive annually.
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Invoiceware International has been selected by Barry Callebaut to lower the cost of implementing and maintaining electronic invoicing in both Mexico and Chile. Barry Callebaut is the world’s leading supplier of high-quality chocolate and cocoa products. The Invoiceware International sSAP Hybrid Cloud E-Invoicing Solution Simplifies Compliance with Mexico CFDI and Chile DTE Mandates.
Read MoreBasware has signed a big e-invoicing services agreement for a international oil and gas company that is located in the U.S.. At the core of the contract Basware will set up its Alusta purchase-to-pay platform to deliver a variety of global e-invoicing and supplier services. The value of the agreement is approximately EUR 2.8 million over the next five years.
Read MoreAztec Systems will incorporate PaletteArena into its existing product suite, offering its 4400+ customer base the complete purchase-to-payment solution. Aztec is already deploying PaletteArena at a 30 site golf club management organisation, with further deployments anticipated in the near future. Aztec will also integrate the PaletteArena with Microsoft Dynamics GP & NAV.
Read MoreBirchStreet Systems (eProcurement and Procure-to-Pay in the hospitality industry) agreed with BancTec to resell BancTec’s invoice processing capabilities — including receipt, open, prep, scan and data capture, to their extensive existing customer base along with new customers throughout the world.
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