Tag: late
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See no bill, pay no bill: the ERP “black gap” fuelling late funds
By Stephen Carter, Sensible Procurement Evangelist, Ivalua Late funds proceed to make a critical dent within the financial system, costing UK companies £27 billion every year. However the affect of late funds is far-reaching, resulting in stalled cashflow and manufacturing, provide chain disruption, and broken relationships. In actual fact, analysis exhibits that 59% of UK companies reported suppliers have…
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Automated invoices: The saving grace of the late funds disaster
By Anthony Venus, Chief Technique and Product Officer at Quadient AR by Yaypay It’s no secret that the worldwide economic system is getting into tough waters. Within the UK, inflation is on the rise, resulting in the Financial institution of England growing rates of interest for the 11th time in a row. For companies, this implies cash itself…