Cinergy Corp. and FirstEnergy Corp. have selected the Pantellos eSettlement Network – an electronic payables system – to further automate their procure-to-pay processes. The utilities chose the solution to lower accounts payable (A/P) processing costs, reduce error rates, achieve better visibility and control over payment methods, and strengthen supplier relationships, according to Pantellos. Based on the ePayables solution from Xign Corporation, the Pantellos eSettlement Network is an electronic invoice and payment service that helps utilities automate their financial settlement processes. The service creates a secure settlement network that enables utilities and their suppliers to exchange electronic invoices and payments, capture early payment discounts, resolve disputes in real-time and improve cash forecasting.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more