Wednesday 4th September, 2013

The European Union (EU) hopes to take another step towards digitizing public procurement process with e-invoicing during the current presidency of Lithuania which runs until the end of 2013.

According to the estimates by the European Commission (EC), the expenditure of the public sector amounts to some 19% of the EU GDP, while the value of public procurement totals approximately EUR 420 billion per year.

Tuesday 3rd September, 2013

Six Yorkshire councils have joined forces to block the websites for all known payday lenders in the country.  The councils which represent 2.4 million residents and employ 67,000 employees have taken the step of blocking the websites of all known payday lenders from all council terminals – including those in libraries and face-to-face customer contact centres as well as all staff computers.

Monday 2nd September, 2013

According to the Federation of Small Businesses (FSB) small firms could be missing out on cheaper finance as new figures show around two thirds (61%) of firms haven't heard of Funding for Lending (FLS).

The FSB’s survey ‘Voice of Small Business’ shows an increase in lending for the first time through FLS and while this is welcome news, the FSB believes more needs to be done for businesses to have their loan applications accepted.

Friday 30th August, 2013

An agent acting as a supplier for East Lancashire Hospitals NHS Trust has been convicted of invoice fraud and jailed for 15 months. Bradford based company, UK Surgical acted as an agent for Abbott Vascular (a Netherland's based company), supplying stents for heart surgery to the NHS Trust.

Thursday 29th August, 2013

Provider of capture-driven process automation services Kofax has been selected by a US government agency to capture and extract data from document pages, in a deal totalling $7.6 million, making it the single largest software sale in the company’s history.