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Archive for North America

Corcentric Implements COR360 AP Automation for Professional Sports Organisation

April 25, 2014  |  Invoice Automation, North America

Corcentric announced an agreement to implement its AP automation solution COR360 for one of the US nation's leading professional sports organisations.
The integration of COR360 into the organisation's Accounts Payable processes will help the organisation fill the automation gap related to their invoice workflow and to eliminate the use of paper invoices.

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Corcentric provides Suburban Propane with COR360: state of the art AP automation

April 18, 2014  |  Invoice Automation, North America

Corcentric is about to implement its AP automation solution COR360 for Suburban Propane. Suburban Propan is a nationwide US marketer and distributor of energy-related products, including propane, fuel oil, and refined fuels.
The integration of COR360 into Suburban Propane’s Accounts Payable processes will help the company bridge the last automation gap related to their non-PO based invoice workflow.

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Short: BancTec acquired by investment firm and integrated with Dataforce

Short: BancTec acquired by investment firm and integrated with DataforceHandsOn3 is a global buyout manager based in Santa Monica. It announced that it along with Delos Capital Management has completed the previously announced acquisition of BancTec. BancTec is a major Business Process Outsourcing (BPO) company.
HandsOn3 will combine BancTec with its existing portfolio business, Dataforce Group, with the goal to create one of the largest BPO businesses addressing the transaction processing, workflow and document management markets.

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Three recent developments in AP Automation from Top Image Systems

In a matter of weeks Top Images Systems, announced several developments; showing its increasing footprint in AP automation, scanning and mobility. The first example is that Top Image Systems and OPEN SCAN Announce a mobile image processing partnership. Next Top Image Systems and Konica Minolta Business Solutions Spain announces that they were going to deploy their eighth joint project.
Finally Top Image Systems announced to have won a $342,000 Multi-ERP AP Automation deal at a leading European dairy producer.

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Candian North Airline Automates Invoice Processing With Palette

April 8, 2014  |  Invoice Automation, North America

Canadian North wanted to ensure that the 40,000 supplier invoices received annually are processed, approved and scheduled for payment quickly and efficiently.
The decision to deploy Palette was made to reduce the amount of time spent by personnel on administrative tasks involved with manual invoice processing, and minimise paper handling across the company. Canadian North also wanted greater control over its accounts payable operations, and improved visibility of the progress of invoices through the organisation.

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Corcentric to implement COR360 into Moran Towing Corporation’s AP department

The integration of COR360 into Moran’s Accounts Payable processes will help the company bridge the last automation gap related to their invoice workflow. As part of the solution, Moran will be using the COR360 platform to streamline the invoice approval workflow for faster processing and to reduce costs associated with manual processing.
Additionally, with COR360’s automated processes in place, Moran will be able to process a higher volume of invoices and at a faster speed with increased accuracy.

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Who processes 300 million electronic invoices this year? Atlas Products International does!

Just six months after purchasing Orbit UK (the insurance EDI and ebusiness specialists) the rapid expansion of Atlas Products International now processes a whopping 25 million eInvoices. Every month! That is 300 million einvoices processed a year.
Atlas has significantly expanded its eInvoicing activities and credentials in the UK, Ireland, the rest of EMEA and North America over the past 12 months, surpassing many of its competitors through the provision of their intelligent eInvoicing platform, combined with industry leading delivery and customer service.

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Introducing our latest member: Corcentric

Corcentric was founded in 1998 and is a leading provider of financial process automation solutions, specializing in Accounts Payable automation. More than 3,000 companies rely on Corcentric solutions to automate their business commerce needs.
By creating a paperless conduit between Procurement, Accounts Payable, Accounts Receivable, and suppliers, Corcentric allows companies to immediately manage 100% of their invoices electronically. Our cloud-based (SaaS) architecture allows for solutions to be configured in days rather than months for rapid return on investment.

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AP employee faces 20 years in prison because of extensive fraud

March 12, 2014  |  Invoice Automation, North America

Again we received an important prove that e-invoicing and AP do not necessarily prevent fraud, but instead only leads to the automation of such fraud (even increasing the impact of this kind of fraud). In this instance a female AP employee has pleaded guilty to a wire fraud scheme that cost her employer $1.3 million, officials announced.

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eBillingHub and Bellefield Systems Team Up To Streamline Billing Workflows

March 4, 2014  |  Electronic Invoicing, North America

eBillingHub, the leader in legal e-billing, today announced an alliance with Bellefield Systems LLC, provider of iTimeKeep, the leader in mobile time entry for attorneys. By joining forces, eBillingHub and Bellefield Systems will further increase billing efficiency and compliance for their joint clients.
By taking advantage of the integration between iTimeKeep and eBillingHub, law firms will be able to ensure billing compliance earlier in the billing process. More accurate bills will be the natural result of real-time validation of time entries against client rules sourced directly from eBillingHub.

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