Small-and-medium-sized organisations to get paid within days of submitting an invoice through OB10 Express Payments

25 Oct 2012 Posted by Pete Loughlin in e-invoicing, Electronic Invoicing, Financial Supply Chain Management, News, Supply Chain Finance

A unique supply chain finance solution from OB10 improves companies’ working capital and cash flow OB10, the e-Invoicing network that handles £90bn of payments each year, has launched OB10 Express Payments, a unique supply chain finance service that allows organisations to receive payment on approved…

The EU Commission and the golden rules of purchase to pay – part 2 – purchase to pay priorities

10 Oct 2012 Posted by Pete Loughlin in AP Automation, Dynamic Discounting, e-invoicing, e-Procurement, Electronic Invoicing, EU Commission, Financial Supply Chain Management, P2P Europe, Public Sector Procurement, Purchase to Pay, Purchase to Pay Process

The European Commission has declared some ambitious targets for e-procurement. They reckon that €2 trillion can be saved and they intend to get government organisations using purchase to pay best practice to deliver these savings by 2016. These targets are of course way too ambitious….