Egypt is readying an electronic invoicing mandate for consumers to pay their taxes, an initiative that reports said will eventually expand to standardize invoicing in government procurement processes. Reports in Zawya on Monday (Dec. 23) said Egypt’s finance minister, Mohamed Maait, is capitalizing on the...
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...
State and local governments buy from suppliers across contracts and catalogs. Like all manner of commerce, online marketplaces can speed the connection between buyers and sellers. Periscope Holdings’ SVP David Landsman explains how digitizing public sector procurement can maximize the use of taxpayer dollars.
Latin America is often considered to be the world leader in electronic invoicing thanks to government mandates, but the Asia Pacific region is quickly gaining steam in its eInvoicing efforts, too. With government agencies working to combat tax evasion and fraud, eInvoice mandates mean a...
April 19, 2024
Digitization is increasingly revolutionizing the B2B landscape with streamlined procurement processes, and even better payments workflows. Don’t believe it? Look no further than the U.S. government, the world’s single largest buyer, which is expanding its $6 billion eCommerce initiative to include more online marketplaces — opening up a potentially lucrative revenue stream for America’s over 33 million […]
September 08, 2015
An independent regulator in South Australia is looking into dozens of instances of alleged government and public sector corruption, the most common offense reportedly being misuse of government purchasing cards. Reports said over the weekend that Independent Commissioner Against Corruption Bruce Lander is in the midst of 60 separate probes of alleged corruption following more […]
August 10, 2015
The Obama administration is launching several initiatives before the commander-in-chief ends his term. Among them is a plan for the government to strengthen its transparency and cost-savings through electronic invoicing....
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...
April 20, 2015
Dubai is one of the world’s most progressive cities when it comes to providing startups and SMEs with alternative financing options. According to a recent report by the Dubai Economic...
