Wednesday 23rd April, 2014

According to the latest research from the Forum of Private Business, the continuing culture of late payment remains a concern for many small businesses, despite positive news on the UK economy.

The Forum’s latest banking and finance survey revealed that, 23% of members reported an increase in late payment over the past year compared with just 3% who reported a decrease.

Tuesday 22^nd April, 2014

The Council of the European Union has approved a directive to provide a common interoperable standard for Electronic invoicing in public procurement.

The directive will help remove compatibility problems of all the different e-invoicing systems in various member states, especially for SMEs.

Thursday 17th April, 2014

According to a new study by Deloitte Consulting LLP, a surprising number of business executives are leaving their supply chains vulnerable to financial fraud, writes Forbes.

Polling more than 2,600 executives, the study found that fewer than a third of respondents were deploying the kind of data-analytics tools that can detect fraud or waste by vendors. Another 13% had the necessary tools but were still learning to use them, while 22% had no data analytics of any kind.

Wednesday 16th April, 2014

According to a report in the FT today,  Tata Consultancy Services have delivered an upbeat assessment of rising global demand for India’s IT outsourcing sector year, as the nation's largest software company by revenues unveiled fourth-quarter results largely in line with expectations.

Tuesday 15th April, 2104

Serco has purchased the UNIT4 Agresso Local Government ERP Platform to underpin business services at Lincolnshire County Council, this comes after Serco was recently awarded the five year business process outsourcing deal.