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Home » Keywords » invoice management

Items Tagged with 'invoice management'

ARTICLES

How Would You Like to Have 120 Days to Pay Your Creditors?

April 9, 2015
New York Times
Adopting a tactic widely used by 3G Capital, the Brazilian private investment group behind the recent merger of Heinz and Kraft Foods, a growing number of the world's largest food and packaged goods companies are asking their suppliers to give them as much as four months to pay their bills - even though they typically require payment from their own customers in 30 days.
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Basware Releases Mobile Version of Invoice and Financial Processing App

July 1, 2013
Basware
Basware, a provider of electronic invoicing and purchase-to-pay applications, has released a mobile version of its InvoiceReady offering.
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The New Normal: Big Companies Paying Their Bills Late, Later and Latest

February 1, 2013
CFO
When economic hard times hit in 2007-2008, CFOs and finance departments felt pressure to improve their organizations' working capital positions. The longer companies could hold on to cash, the more liquid they were, and the safer they felt. Paying bills quickly meant dipping into cash reserves, possibly taking away money from new-product development, mergers and acquisitions, marketing, or anything else that might drive top-line revenue. It was either that or be forced to rely for growth on expensive external financing. Everyone knew that when it came to days payable outstanding, longer was better.
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Basware Creates Procurement Module for Invoice-Management Tool

December 5, 2012
Basware
Basware, a vendor of software for electronic invoicing and purchase-to-pay processes, has developed a procurement module for its InvoiceReady product.
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