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November 2013

  1. Lambeth Council highly commended for best AP/AR Solution [Case study]

    This year the Lambeth Council of London was highly commended by the Adam Smith Awards for the Best Working Capital Management/Financial Supply Chain/AP/AR Solution.

    In November 2011 Lambeth Council implemented RBS’s electronic invoicing (e-invoicing) hub technology to transition to a completely paperless purchase-to-pay (P2P) system of working with its suppliers, from local to national suppliers. The solution is already delivering benefits in a number of areas.

September 2013

  1. RBS e-Invoicing and SCF wins Award for Innovation in Trade and Supply Chain Finance

    As one of the first banks to launch e-Invoicing, RBS has continued to innovate, recognising the benefits of linking e-Invoicing with Supply Chain Finance (SCF). RBS has been recognised by The Banker magazine for this innovation, winning The Banker’s Innovation in Trade and Supply Chain Finance 2013.

    RBS successfully integrated their e-Invoicing and SCF offerings, allowing e-invoices to be sent directly from the e-Invoicing platform into the MaxTrad™ Global Trade Channel. The solution creates a straight-through process for clients, rapidly decreasing invoice cycle times and driving greater opportunities to utilise approved payables finance. This allows them to offer clients a seamless end-to-end solution.

January 2013

  1. RBS e-invoicing service wins Banking Technology Award 2012

    The e-Invoicing service provided by RBS has won the highly coveted Banking Technology Award for Best Use of IT in Wholesale/Transaction Banking. Awarded in December 2012, the Banking Technology Awards have become established as the premier event recognising excellence in the use of IT in financial services.

December 2012

  1. RBS builds in greater efficiencies for UK property giant

    For the past 200 years, GVA has provided commercial property advice to some of the UK’s leading public and private sector organisations. For over a quarter of that time, RBS has been the company’s banker. RBS is now building on this relationship by providing the property specialist with the Accounts Payable e-Invoicing solution.

November 2012

  1. RBS e-Invoicing wins Environmental Best Practice Award

    RBS are delighted to announce that its e-Invoicing solution has won an award for Environmental Best Practice in Banking and Finance at the Green Apple Awards for the second consecutive year. The Green Apple awards celebrate and recognise achievements with a positive impact on the environment.

October 2012

  1. RBS shortlisted for Best Use of IT in Wholesale/Transaction Banking

    RBS has been short-listed for the ‘Best Use of IT in Wholesale/Transaction Banking’ at the Banking Technology Awards 2012 with its combined e-Invoicing and Supply Chain Finance solution. RBS are delighted that an e-Invoicing led initiative has been recognised by the banking industry in such a competitive awards scheme.

September 2012

  1. Banks, what is your role in e-invoicing and SCF?

    The link between e-invoicing and Supply Chain Finance (SCF) is a special area of interest for RBS. The central question that the bank wants to answer is: how can using electronic rather than paper invoicing lead to better management of working capital, optimal financing structures for corporates, and better control of payables and liquidity?

August 2012

  1. Royal Bank of Scotland is latest E-invoicing Platform member

    It was only yesterday that we could proudly present a new member, but today we have to honour of introducing you to yet another new addition to our list: the Royal Bank of Scotland. The Royal Bank of Scotland (RBS) Group is an international banking and financial services company.