An Early Payment Discount Example to Sink Your Teeth Into
Enterprises around the world want to maximize working capital for a variety of reasons, not least of which includes freeing up cash from operations in order to hire new employees,…
Payables News Weekly: Iron Mountain Puts in Takeover Bid, AmEx Launches New Card in India
We're getting into the final weeks of 2014, with only 15 days left before the start of the new year and nine days until Christmas. This doesn't mean the news…
ePayments and Marketing Spend: What You May Have Missed
As December winds down, some enterprises are finalizing their finances and working through budgets for 2015, while others prepare to close down for the week and a half between Christmas Eve and…
Payables News Weekly: Concur Acquisition Closes, MasterCard Takes on Bitcoin, and More
The worldwide economic situation became more interesting last week. The United States enjoyed a barn-burner of a jobs report on Friday morning—312,000 jobs were created in November, while the unemployment…
Five Important Advantages of Purchasing Cards
Purchasing cards (“p-cards”) have been around long enough to become a ubiquitous facet of a majority of enterprises. Generally strong when it comes to high-volume, low-dollar-value transactions and also utilized…
What is a Purchasing Card?
No matter the size of the enterprise, the accounts payable team tends to be deluged with paper. Mostly in the form of invoices and/or paper checks sent to suppliers. In…
6 Steps to Effective Supplier Onboarding with Virtual Payment Cards
Technology implementations are never easy. There could be unforeseen integration issues with back-end systems or perhaps more customization is required than originally thought. In the P2P world, one of the…
Payables News Weekly: Ariba Network Free for SMEs; 3Delta Systems Hits a Milestone
Black Friday has made the leap from a solely United States event. The United Kingdom had local Black Friday sales on November 28, which resulted in police getting called to…
Why Haven’t ePayments Completely Replaced Paper Checks?
Electronic payments offer many advantages over paying with paper check. Ardent Partners research has shown that, no matter the payment method (i.e., ACH, wire, card, networks, etc.), ePayments cost up…
More Compliance Management and Some Predictions for the Future: What You May Have Missed
Today begins the holiday shopping season in the United States. “Black Friday” sales dominate the landscape, with thousands of shoppers filling retail stores searching for deals on everything from cars…