As of January 2015, e-invoicing will be mandatory for all public sector payments in Spain, or business-to-government payments. “From this point onwards, all invoices are required to be submitted and transmitted electronically through a general entry point which has been designed to record copies and...
Walmart India announced recently that beginning in July, it will have B2B e-commerce options available to customers. Lucknow and Hyderabad are the two cities the retail chain is will start with, and eventually hopes to add 18 more stores. Walmart India’s CEO Krish Iyer told...
The battles between Russia and Ukraine continue, but now the issue at-hand is the utility bill. According to several reports, Russia created a repayment plan for Ukraine, after Ukraine allegedly failed to pay for natural gas it received from Russia. Gazprom explained in a statement...
As businesses work to properly integrate themselves into the digital world, many executives have heard the term “big data.” But, what exactly does it mean, and how can companies of all sizes successfully deploy big data analytics in a way that brings the greatest possible...
Earlier this week, ReadSoft, provider of software solutions for document process automation and b-pack, a leader in Purchase-to-Pay technology announced that they had partnered to offer a more complete solution to their customers. According to a joint company statement, ReadSoft Online will be fully integrated into...
According to a recent report by the Environmental Defense Fund (EDF), “Phase II” greenhouse gas rules could help the fleet industry see an increase in savings. Specifically, medium- and heavy-duty trucks have the aerodynamic characteristics and rolling resistance that could significantly influence the total amount...
BetterDoctor.com recently added new functions to its year-old mobile health care app, including the ability to use Medicare data to compare specialists and to see which doctors get referred by other physicians most often. Though payments is not yet a function of his app, company...
As of June 13, Spanish operators can no longer apply surcharges for issuing paper invoices to their customers. This is because the General Law for the Defence of Consumers and Users went into effect, according to a recent Telecompaper article. According to the news source,...
On January 1, 2015, Basel III will be implemented into the U.S. Previously, the public sector compensated banks with cash balances to receive services and credits for those balances. What exactly does this change mean? A recent Trade Financing Matters article highlighted the importance of...