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Payments 2025: 5 Trends Shaping the Future of Payables

Thursday 19th July, 2018 10:30 AM - 11:15 AM BST

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Oracle and Fujitsu help DWP reduce costs through shared services

Thursday 11th October, 2012

Oracle’s E-Business Suite implementated by the Department for Work and Pensions (DWP) has saved £230 million since 2006. The service which is managed by Fujitsu has also been sold to the Cabinet Office and Department for Education (DfE).

Coupa reaches milestone of 500,000 Suppliers

Tuesday 9th October, 2012

Coupa now connects customers with more than one half million worldwide suppliers. Through the Coupa Supplier Network and other direct connectivity options, suppliers can easily engage with customers to complete business transactions.

Basware acquire Certipost

Friday 5th October, 2012

Basware has signed an agreement to acquire the network and e-Invoicing business of Certipost, a purchase which makes Basware the market leader in e-Invoicing in the Benelux market.

Dentist stole £1.4m with fake invoices

Thursday 4th October, 2012

Over a three year period, Birmingham based dentist, Dr Joyce Trail defrauded the NHS out of £1.4m - most of which was spent on exotic holidays and designer shoes. She has been warned that she faces a "substantial" jail term.

Sepa teething problems could cost billions

Thursday 4th October, 2012

Sepa may be designed to simplify and streamline processing operations for domestic and international payments but it will also expose out-of-date account data and other errors that were previously overcome through a patchwork of locally implemented fixes, warns Experian.

It has analysed more than half a million bank account records held by businesses around Europe, and claims that 12% of electronic payments made to and from firms in euros currently contain data errors that could critically block the timely and cost-effective transfer of funds when new Sepa legislation comes into effect in February 2014.

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