Tradeshift is launching a free electronic invoicing platform for small business, allowing them to easily connect and do business with their trading partners online. It will be available in Denmark from 18 May, UK & Ireland from 25 May and Germany from 1 June 2010, but is already signing up beta users now.
“I believe that modern business software has grown too complex and difficult to use for most businesses. Our goal was to create something extremely simple, that allows all small businesses to replace their paper processes with electronic ones,” said Tradeshift chief executive officer (CEO) Christian Lanng.
The European Commission has estimated that every year handling, transporting and creating paper invoices cost government and companies more than €64bn. On top of that comes the environmental cost of cutting down forest for paper, transporting it in trucks and printing and packaging.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.