Basware, a provider of purchase-to-pay (P2P) and electronic invoicing (e-invoicing) solutions, has acquired the network and e-invoicing business of Certipost, a Belgian Post Group (bpost) company and e-invoice operator in the Benelux region.
Certipost positions itself as a growing specialist in secure electronic document exchange for companies, the government, and consumers. In 2011, Certipost had more than 85,000 companies using its technology to exchange documents electronically and it reaches over 100,000 companies in Europe through roaming. Certipost has developed knowledge on providing services for both local and international buyers and supplier in e-invoicing, which supports Basware services.
Gert Roeckx, chief executive officer (CEO), Certipost, said: “Basware will enable Certipost to grow even stronger in the Benelux market. The combined network will allow us to reach more trading partners in Europe, increase technological innovation and develop the small and medium-sized enterprise [SME] market in Belgium and the Netherlands. Certipost’s strategy is completely in line with Basware’s strategy focusing on seamless service, customer satisfaction and growth.”
There are various ways for financial institutions to benefit from advanced technologies and business models provided by FinTech's. Whether a business' approach is radical or incremental, data management can help a company to increase their return on investment, argues André Casterman, INTIX.
Tim de Knegt, strategic finance and treasury manager for the Port of Rotterdam, discusses how he is using blockchain, the challenges he will face in his role of treasury over the next 12 months and the advice he would give to someone starting out their career in treasury.
As the May 25 deadline for Europe’s General Data Protection Regulation (GDPR) inches closer, many treasurers are being lumped with the task of ensuring their wider company is compliant.
Apps are a critical part of treasury's shift into mobile banking as 67% of treasury and corporate finance professionals said mobile banking services are of particular interest to them in a recent survey.