News

05 Mar

Posted at 17:09h in AP Automation, News by
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Lexmark International have announced the acquisition of Luxembourg-based BDGB Enterprise, including its U.S. subsidiary Brainware for a cash purchase price of approximately $148 million. According to the report in Streetinsder this acquisition is "consistent with Lexmark's capital allocation framework of pursuing acquisitions to support the growth...

19 Dec

Posted at 07:49h in Dynamic Discounting, News by
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Taulia have announced today that they have opened offices in the United Kingdom and, their press release says, they are bringing their "comprehensive suite of products to European organisations and expanding its services and operations for existing customers. In addition to the new offices, Sebastian Chilvers has joined Taulia as European Sales Director and will help accelerate the company’s growth in the regional market."

16 Dec

Posted at 18:46h in AP Automation, e-invoicing, e-Procurement, News by
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The dust hasn't settled on the decision by the UK to turn its back on the EU when a freedom of information request submitted by Basware makes it look like Great Britain is making a habit of being left out in the cold. While much of the world is embracing technology to reduce the cost of doing business, HM Treasury, the UK government counting house, still receives 80% of it's business invoices on paper and 83% of local government authorities are in a similar situation.

17 Oct

Posted at 20:28h in News by
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Having experienced the benefits of ReadSoft Accounts Payable Automation for years in parts of their operations, a multinational telecom company based in Europe decided to expand the use of the solution to cover increased volumes of invoices. The agreement concerns invoice processing inside SAP and is worth 300,000 EUR and was signed during the third quarter of 2011.

11 Oct

Posted at 12:45h in News by
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Tradeshift, the business-to-business social network, has today announced a new Instant Payments service. Instant Payments will allow businesses - and particularly SMEs - to receive instant payment for invoices approved through the platform. Companies will benefit from interest rates significantly lower than alternative funding options and will no longer see cash flow impacted by long payment terms or late payers. This new service integrates seamlessly with Tradeshift’s existing e-invoicing solution which is free to suppliers, providing the financial flexibility small businesses need to succeed.