Blockchain for trade finance: a network business

The conflicting metrics in your business

Cash Conversion Cycle (CCC)= Days Inventory Outstanding + Days Sales Outstanding — Days of Payable Outstanding

One of the metrics is the Cash Conversion Cycle (CCC). For non finance majors, CCC is a unit of measure for how…

Accounts Payable Best Practices Accounts Payable Best Practices

Manually coding and approving invoices is inefficient and error prone. The irony is this adds additional unnecessary costs to the existing cost of the invoices. One of the most significant investments any business makes…

SCF vs Dynamic Discounting vs Both

The benefits of supporting suppliers with early payment are clear: by enabling suppliers to receive…

Good Expense Management is Key to Business Success. Especially for SMEs.

Why simplicity matters for an eInvoicing, dynamic discounting, and portal solution

For big buyers with 100s of suppliers, it is always hard to bring all their suppliers under a common platform and common program. And this costs 100s of 1000s of dollars every month. More…

The Changing Landscape of Accounts Payable: Automating Payables to Create Business Value

From the traditional accounts payable (AP) viewpoint, AP’s role within the enterprise is often perceived as purely functional and administrative — invoice comes in, payment goes…

How to Get Your Invoice Prioritised and Paid

In the midst of a busy workload, your invoices can get buried in your clients’…

Enabling Suppliers to do Business the Smart Way Turning the Supply Chain into a Profit Center

Digitization and FinTech may be changed the financial sector dramatically, but many financial leaders are nevertheless focused heavily on working capital management —…