In Vietnam, eInvoice use is on the rise: The number of firms in the country using eInvoices has skyrocketed from 800 in 2016 to more than 9,000 today. Overall, Vietnamese firms have created more than 600 million eInvoices, VietNamNews reported. Even so, that number is relatively...
Invoice financing company Invox Finance has officially kicked off its token sale. Invox’s token presale began Thursday (March 15), enabling investors to purchase Invox Tokens at a discounted price. Buyers can access the Australian company’s Invox Finance platform, a peer-to-peer invoice financing portal that allows buyers...
The U.S. seems to have a paper problem. In B2B transactions, paper checks and paper invoices continue to dominate, leading to friction in invoice processing, data management and payments. The problem seems even more stark when compared against other jurisdictions across the world. Europe is...
Global Exchange is expanding its global payments services designed for the professional services space and broadening its customer scope, the company announced on Tuesday (Dec. 19). Along with its parent company, Cambridge Global Payments, Global Exchange is introducing Invoice Automation Solutions, a new service for businesses...
October 01, 2018
Canada-based eInvoice network-as-a-service firm Cortex Business Solutions announced that it is acquiring Powervision for $7 million. Cortex will complete the deal through a cash payment of $4.75 million subject to customary holdbacks and adjustments, and a promissory note in the amount of $2.25 million. Founded in 1992, Powervision specializes in the development eDocuments management and workflow […]
May 27, 2015
Kenya is not fooling around when it comes to adopting digital procurement strategies within government operations. According to reports released Tuesday (May 26), President Uhuru Kenyatta has given accounting officials...
May 19, 2015
The ability for businesses to receive and send invoices and expense reports digitally is changing the game, making procurement faster and more efficient. But without a way to settle these...
May 01, 2015
SAP is parent company to a slew of B2B technological solutions, but the company continues to expand its product offering. On Thursday (April 30), SAP announced the revamping of its...
