RS Components has joined the OB10 electronic invoice delivery network. Operated by Open Business Exchange, the global OB10 network provides members with an electronic invoicing capability, allowing them to offer corporate customers a paperless, purchase-to-pay process. Using the network, RS Components can send invoices electronically, delivering them in the format required by customers’ individual accounting systems. ‘In our line of business streamlining the end-to-end order process is particularly relevant,’ explained Paul Parker, General Manager e-commerce at RS. ‘Our average order value is £80. For many of our customers the cost of administering that purchase can be more than the value of the items ordered. We therefore make every effort to bring that cost down as part of our service offer,’ he noted.
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