A new initiative by Highview will aim to allow businesses to complete Electronic Data Interchange (EDI) transactions more easily as the company offers its VistaChain program for free, according to a press release. VistaChain works at blockchain-enabling those transactions, with whatever trading partners are necessary,...
One can’t move money without moving information — a fact that’s particularly true for the B2B payments space, in which remittance and transaction data is a critical component of accounts receivable and accounts payable operations. As businesses continue their digitization migrations, there are more ways...
Electronic Data Interchange (EDI) is a staple in the buyer-supplier relationship, enabling business partners to send data to each other electronically in a standardized format. The tool has been around for decades, but with supply chain digitization pressing full steam ahead, the ability for buyers...
B2B payments do not exist in a vacuum. They’re connected downstream to invoices and purchase orders, and upstream via accounting, reconciliation and financial management processes. So, when a business receives an invoice, one might think the mechanism through which that bill is processed, approved and...
April 20, 2017
The push to go paperless is fast gaining traction on the international stage. This should be no surprise considering how much else has shifted into the digital realm in recent years. Both businesses and governments have adopted electronic invoicing methods in response to new regulations and in light of the significant cost reduction it affords. But […]
