Monday 10th June, 2013

In what some are calling a classic case of wishful thinking - French president Francois Hollande has sparked a debate across the financial world by making the bold claim that the Eurozone crisis is over. President Hollande made the unusually frank statement at a recent event in Japan.

Friday 7th June, 2013

The drive towards mandating the use of einvoicing continues to march forward with the dual announcements from Italy (which announced its intention to mandate its use this week), and the extension of existing mandatory regulations in Mexico. The trend is being driven by the culmination of a number of different factors – the economy, technology driven ability and a solid belief in the cost and associated benefits of doing so. Perhaps overriding all of this though - governments have woken up to the fact that not only does einivoicing speed the process up and save money, it also makes things a lot more visible – making it harder to hide, easier to trace and to ensure tax, and other compliance

Thursday 6th June, 2013

OB10's US subsidiary posted record revenues in the financial year ended April 30, 2013. Revenues generated from new buyer customers increased by 56% and the number of new suppliers on the network increased by 46% over the previous year.

Wednesday 5th June, 2013

To create anything new, you need the right mixture, the right environment. This is precisely the case with the current changes in payments and banking. The prolonged adverse economic background, coupled with a reluctance from traditional banking sources to lend - has led to an increase in innovation, sometimes from areas not directly previously associated with the financial sector.

Tuesday 4th June, 2013

The news that Italy has become the latest country to go one step further in their drive towards eInvoicing - by mandating its use, serves to emphasise the fact that eInvoicing isn't simply about the removal of paper. Neither is it just about making things faster. Several countries have taken the plunge towards mandating eInvoicing over the last few years - notably Mexico, Brazil and much of the Nordic region, and for the most part - that's where the similarity ends. Each, as is also the case with Spain's foray into mandating, have had their own set of unique experiences, cultural and economic which have driven the decision.