The digitization of payments between businesses opens up a whole world of possibilities with respect to invoicing and payment terms. Dynamic pricing is one of those options but knowing how and when to use it turns out to be a bit more complicated than it...
Six Minutes and 49 Seconds. That’s how long it took, on average, for SMEs to move funds across bank accounts and borders. And the company responsible wasn’t one of the “name brands” either. Ten-year-old World First is out to deliver the kind of service, speed...
For any business that finds itself drowning in outstanding invoices, a new option could be available to you. According to a company press release, Factoring Companies announced the launch of its business, which is designed to give organizations access to quality factoring companies that offer...
Earlier this week, the Village of Rye Brook, New York announced that it joined the Empire State Purchasing Group, a BidNet e-procurement system that delivers convenient, centralized online access to bid opportunities. Get the Full Story Complete the form to unlock this article and enjoy...
According to at least one industry expert, the answer to that question is: yes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
The United Arab Emirates (UAE) is the latest nation to gain compliant e-invoicing. According to a Tungsten Network press release, this now makes the global electronic trading network active in 46 countries. Get the Full Story Complete the form to unlock this article and enjoy...
It’s rare to see change in how governments handle their contracting and procurement processes. However, more and more cities are turning the process upside down by asking contractors to produce their own solutions to described problems instead of bidding on government-mandated solutions. Perhaps the cities...
GPS + Improved Productivity = Cost Savings that support an effective fleet management solution. That’s the business case for the recent partnership between GPS fleet-management company Geotab and telematics company Enterprise Fleet Management. But how will combining forces help fleet managers control spend?
The greater efficiencies afforded by email and other forms of electronic bill presentment are helping push more and more paper out of the billing process. However, senior-level managers often are impeding further process changes, and that trend is growing, new research has found. As such,...
