Accountis has announced a multi-year agreement with The Royal Bank of Scotland (RBS) to provide the bank with an RBS branded e-invoicing solution and service. The partnership deal enables RBS to provide a VAT compliant e-invoicing service to their corporate customers. The company says that RBS customers who implement the service can replace paper-based processes with a faster, more efficient and environmentally friendly technology. The Accountis e-invoicing service provides status information, such as proof of delivery, acceptance, query and approval status for all documents involved in a business transaction from purchase order to invoice. The use of the bank e-invoicing service within the accounts receivables department is designed to provide corporates with improved operational efficiencies and quicker payments, reduced ‘days sales outstanding’ and reduced working capital requirements. It also facilitates the bank’s provision of invoice-based financing services.
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