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Shared services are always under pressure to provide more value with less resource. So we are always happy to see companies that have found ways to do exactly that. This Fortune 500 Utility company, Headquartered in California, provides services to approximately 15 million customers and in 2012, reported a revenue of $15 Billion. The company invested in an e-invoicing and dynamic discounting solution that has not only improved efficiency and reduced error rates, but is saving the company millions and has improved supplier relations.
According to a recent report from The Paypers, The Council of the European Union has approved a directive to create a common standard for e-invoicing in public procurement, with all public sector buyers required to carry out procurement electronically by 2016.
SaaS Accounts Payable (AP) automation solutions provider, Corcentric, today announced that it has won a contract to provide Suburban Propane with its COR360 AP automation solution in order to help bridge the automation gap related to their non-PO based invoice workflow.
According to a recent article published by Computerweekly.com, the latest figures from market-watcher ISG show that the number and value of IT and BPO outsourcing contracts signed in Europe over the past three months have grown at their fastest rate in over four years.
Israeli-start-up company Fundbox, aimed at streamlining the cash flow between businesses, has raised $17.5 million in a Series A funding for its risk engine-based small business lending and invoicing system.
Document process automation solutions provider, Esker, has been awarded a contract with the Spanish wing of global pharmaceuticals company, Bayer, to roll out its Order Processing automation solution, streamlining every phase of the company’s order management process.
Carrier netural data centre operator, IXcellerate, is pleased to announce that its Moscow One data centre has been certified for design, build and operation accreditation to IBM Resilience Level 3, the first in Russia to receive this prestigious certification.
JobsOhio President and Chief Investment Officer, John Minor, has announced that General Electric (GE) has selected Greater Cincinnati for its new, U.S. Global Operations Center, following fierce competition against a number of other U.S. locations. The exciting new development is anticipated to create up to 1,400 new jobs in Ohio and will be fully operational by 2017.
Top Image Systems, Ltd, has won a $342,000 contract with a major European dairy manufacturer to deploy its end-to-end Accounts Payable Automation system, eFLOW Invoice, in order to provide shorter invoice cycle times, greater transparency and better cash flow management.