Monday 31st March, 2014

Following an historic reliance on manual processing, Mainport Group is pleased to have enabled a finance function transformation by reducing invoice processing time from three weeks to three days. Founded in 1957, the Mainport Group is a leading integrated marine services company involved in vessel ownership, ship agency, loading and off-shore services at several locations worldwide.

Friday 28th March, 2014

Infosys, has successfully delivered a Strategic Financial Systems (SFS) program for SITA, one of the world’s leading specialists in air transport communications and IT solutions.

The SFS program allows SITA to efficiently process accounting transactions for 310 legal entities worldwide, operating in 125 currencies with a globally distributed user base of 4,500 people, and support the filing of tax returns in over 150 countries worldwide.

Thursday 27th March, 2014

Achieving fully compliant straight-through processing globally has come one step closer today, with the confirmation that OB10's e-Invoicing network (part of Tungsten Corporation plc), now delivers compliant e-Invoicing in Brazil through its partnership with Comprova, an officially accredited Brazilian certification service provider and digital signature platform.

Wednesday 26th March, 2014

Earlier this week, Tungsten provided a market update of their intended acquisition of First International Bank of Israel (FIBI) and the overall progress in integrating its financing and analytics capabilities into the e-invoicing network. The update was submitted to the UK’s Prudential Regulation Authority (PRA) and the Financial Conduct Authority.

Tuesday 25th March, 2014

The BBC has reported that fraud in the NHS is costing the organisation £5bn a year - with a further £2bn lost to financial errors, according to the former head of its anti-fraud section.

A report which has been seen by Panorama makes the point that they amount of fraud could pay for around 250,000 new nurses.