Government Supplier news and trends

Saudi Arabia Launches Invoice-To-Pay Portal
B2B Payments // July 02, 2019

Saudi Arabia is introducing an eInvoicing and electronic payments platform designed to digitize government and business payments to suppliers. Reports in the Saudi Gazette on Sunday (June 30) said Saudi Arabia Monetary Authority (SAMA) Governor Dr. Ahmed Abdulkarim Alkolefi announced the government’s launch of the platform,...

Canada’s IBM Payroll Plans Go Bust — Costing $1 Billion
B2B Payments // March 02, 2018

Canada has spent CAD $1 billion (about $780 million) on a government payroll solution operated by IBM, but reports in Bloomberg on Thursday (March 1) said officials are nixing the project. According to the publication, the Canadian government set out a decade ago to centralize federal...

How eProcurement Puts The Heat On Government Suppliers
B2B Payments // April 13, 2016

Government procurement is the face of small business support, and the adoption of source-to-pay, spend management and digital invoicing tools can become a catalyst for adoption in the private sector. That doesn’t mean work as a government supplier is easy, though. New research from BidPrime...

White House Approaches Stricter Supplier Payment Law
B2B Payments // December 11, 2015

New legislation aimed at making payments to government suppliers and vendors more accurate and secure has just taken a significant step forward. Reports published Wednesday (Dec. 9) by Federal News Radio said the House of Representatives has passed the Federal Improper Payments Coordination Act of...