Vinimaya Inc., a vendor of applications and services for procurement and catalog management, has released Vinimaya vTransport.

Basware, a provider of electronic invoicing and purchase-to-pay technology, has launched an "E-Invoicing Switchover" initiative.

A rising percentage of organizations are choosing e-invoicing to reduce processing costs, accelerate approval cycles, and increase on-time payments, according to a PayStream Advisors study sponsored by Syncada from Visa. Internal pressures such as green initiatives and increased centralization contribute to e-invoicing adoption, as do external changes, including global supplier requirements. The study recommends first implementing top tier customers to achieve the most financial and operational impact.