Global provider of transaction banking services Fundtech has entered a
partnership with Australian payment services developer Dataline to
provide electronic invoice presentment and payment (EIPP) and related
financial supply chain services to corporate customers in the
Asia-Pacific region.
GXSTM, a leading provider of business-to-business (B2B) e-commerce
solutions, today announced that Nigel Taylor, GXS global head of
e-invoicing, has joined the executive committee of the European
E-Invoicing Solutions Providers Association (EESPA) following his
nomination and voting at the recent annual general meeting. Taylor was
selected for his extensive e-invoicing expertise and proven commitment
to advocating and supporting the widespread adoption of e-invoicing by
engaging in public policy debate and recommending best practices within
European forums. His appointment to this executive committee
demonstrates GXS's industry leading expertise in providing compliant
e-invoicing solutions and in helping companies around the world with
moving from paper to electronic invoices.
Late payments by government departments are being tackled in Australia,
with all of the country's state agencies meeting their payment targets
during the last financial year.
According to the Australian Daily Telegraph, every single one of the 40
bodies managed to pay 90 per cent of their bills on time in 2010-11 -
the first time this has happened in almost ten years.
However, the newspaper reports that overall 55,000 payments totalling
$550m (£371m) were made late, despite a government crackdown on the
problem.
The global economic crisis is bad enough and forcing business to work with their hands tied behind their backs isn't helping.
The failure of the dominant western economies, the US and Europe in
particular, to encourage better business processes is testament to their
lack of vision, their ignorance and their weakness. While their
economies are crumbling, their governments' paranoid insistence in
archaic and bureaucratic record keeping is allowing competing economies
to take leaps ahead.
The City of Long Beach (CLB) in California, US has selected Oracle
Utilities Customer Care and Billing and Oracle Utilities Mobile
Workforce Management from US software applications provider Oracle
Utilities for its utility billing replacement project.
