Einvoicing News: IBM buys Emptoris | FundTech launches InvoiceNetwork iPad app

December 21, 2011  |  Electronic Invoicing, North America, Payment

IBM announced to buy e-procurement provider Emptoris

Emptoris has more than 350 customers worldwide, including Anglo American, Heinz and GlaxoSmithKline, was not disclosed.

IBM has the intention to integrate Emptoris into its ‘Smarter Commerce’ initiative launched earlier this year. The ‘Smarter Commerce’ initiative provides technology to organisations to automate their buying, selling, marketing and service processes.

The acquisition follows the supply chain transaction technology firm Sterling Commerce for $1.4 billion (£903 million) from AT&T in May 2010. IBM says that the acquisition of Emptoris is complementary.

Emptoris just purchased in May 2011 Xcitec: a German supplier management systems provider to boost its supplier information service. It also bought up the telecom spend management specialists Rivermine in January 2011.

FundTech launches InvoiceNetwork, an iPad app for online invoicing

The app is meant small businesses that need to generate simple quotes and invoices in an instant. With the FundTech InvoiceNetwork iPad App you can:

  • you can create quotes and invoices and send them to your customers.
  • quickly add line items and the app automatically calculates the tax and totals for you.
  • improve cashflow by getting your quotes and invoices out quickly.
  • set calendar reminders to make sure you get paid on time. Gone are the days of carrying scruffy, bulky order books.
  • send a customer an immediate quote whilst onsite.

And also:

  • Turn a quote into an invoice
  • Add recipients from your iPad contacts if you wish
  • Personalise with your company logo
  • Add line items
  • Automatic validation of fields (e.g. decimals, dates etc.)
  • Automatically generates invoice numbers
  • Customise how your invoice numbers start
  • What you create looks like what you send
  • You can also preview before you send as a PDF
  • Send the PDF by email
  • Mark invoices as paid
  • Create a new quote or invoice from a previous document to save time
  • Configure your currency and tax settings
  • Automatically calculates totals and taxes for you
  • Set calendar reminders for invoice due date so you can send reminders
  • Search & filter documents.

Pictures are here

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