Xign Corporation has launched Release 8.0 enabling organizations to capture early pay discounts across all invoices, regardless of method of receipt or transactional strategy. This includes invoices captured through Electronic Data Interchange (EDI), imaging systems, and paper. According to Xign the new version of the software enables legacy invoice capture, supplier visibility and advanced discount capture on legacy invoices. Jeff Pikulik, director of buy-side research at AberdeenGroup said: “The ability to capture incremental discounts on any invoice regardless of its method of receipt changes the entire dynamic of payables. With real-time settlement features, the function’s perspective shifts from reactive transaction management to proactive cash management.” By shifting from paper to an electronic payables process, organizations can reduce their financial settlement costs by more than 50 per cent and improve visibility and control for Sarbanes-Oxley compliance.
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