NHS Shared Business Services (NHS SBS) announced this week that it has partnered with the Tradeshift e-invoicing platform to eliminate its reliance on paper invoices and to improve the payment process for health care organizations and their suppliers. Get the Full Story Complete the form...
Australian Customs is one step closer to choosing its supplier to upgrade its fleet of electronic gates installed inside the country’s international airports. According to a recent iTnews article, Customs has narrowed it down to two global firms France’s Morpho and Portugal-based Vision-Box for the...
Commercial finance company Capital Business Credit (CBC) announced recently that it now has an option for importers to extend their credit terms. According to a Trade Financing Matters blog post, CBC developed Supplier Early Payment (SEP), which allows importers to extend credit for up to 90...
The fees companies pay to accept card payments from customers have long been a point of contention. An Australian company, eWAY, is using a system from Xero that automates the ability to enable a surcharge on card payments while also giving buyers the chance to...
Playing in the sand is something generally meant for kids playing at the beach, but the phrase is going to take on new meaning, thanks to Thomson Reuters, Fidelity Investments and Amazon.com. The three companies launched Fintech Sandbox, which is designed too support technology startups...
A new service from the online funds-transfer network enables qualified senders to have ACH-transferred funds placed in recipients’ accounts the next day, and it provides quicker funds availability. As with all funds transfers exceeding $10 that Dwolla supports, the cost is just a quarter.
Research shows that purchase card programs are on the rise for many businesses, but what exactly is driving the growth? Additionally, what do companies need to know to keep themselves current on their payment options?
Chocolate bar manufacturer, Mars UK has used a supply chain finance (SCF) scheme to extend payment terms to suppliers. According to the Forum of Private Businesses (FPB) with a new supply chain finance scheme in place, Mars has extended their payment time from 60 to...
Avalon Health Care manages 55 health care facilities in many western states and has over 330 people buying supplies for its facilities. The company was in need of new procurement system that was more efficient and user-friendly. After the first year of a new system,...
