Yesterday a curious phenomenon swept the nation--a sudden and overwhelming desire to be in a bar of the middle of the work day watching international soccer. In cities across the nation bars suddenly had more patrons than stools, leaving thousands of thirsty customers standing and...
New research examining trends among Europe’s e-invoicing service providers suggests more companies are moving away from paper-based billing. B2B and business-to-government e-invoicing alone last year grew to 603 million, representing 72 percent of all e-invoices processed by the surveyed companies in 2013.
An Illinois credit union has adopted Credit Union Financial Exchange standards created by CUNA to help its business customers to facilitate more electronic payments initiated with corporate debit and credit cards. The credit union is hoping the service will help its corporate clients reduce their...
Qingdao port in China was recently at the epicenter of a B2B bill scandal wherein a metals trading firm duplicated warehouse certificates in order to use a metal cargo multiple times to raise financing. Qingdao is a major warehouse hub for commodities, and the recent...
Healthcare payments make sense to almost no one—a highly regulated and mediated system that sends money or promises for future money through so many hands and systems that every attempt at making them more clear, somehow makes them more complex and thus more opaque. Primary...
Just how exactly does the health care industry feel about “value-based” contracts? According to a recent survey, health care managers believe linking reimbursement from health plans and government payers to efficiency and the quality of care could hurt overall profits.
There is no doubt that the market for B2B eCommerce is one of the great under recognized cash rivers flowing through the world today—with almost $530 billion in revenue per year and growing. However, while markets are growing fast, regulations aren’t keeping up, and innovative...
Business of all sizes want to be as efficient as possible and make a profit. Why would colleges and universities be any different? However, three schools in Iowa are questioning the results of a Deloitte study that suggested that a better sourcing and procurement process...
When individuals don’t pay their electric bill, the lights get shut off. But, what happens when one country’s government refuses to pay businesses in another country?
