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Fraudsters are targeting struggling small business

Wednesday 23rd May, 2012

Small businesses have been advised to take measures to avoid fraudster's attempts to defraud them of thousands of pounds. Fraudsters are increasingly impersonating well known high street brands with paperwork which looks correct, to order goods from suppliers.

According to Kieron Franks, risk underwriting manager for Euler Hermes UK, suspected frauds based on a false trading relationship rose by 45% last year compared with 2010. An estimated £5m of this type of fraud has already been identified so far this year.  Read more.

Government Eases Supplier Pressure

Monday 21st May, 2012

The Cabinet Office has announced that the latest version of the Government's CloudStore has gone live today. With claims that this version has better searching and comparisson services, The Cabinet Office says the aim is to make the service better for suppliers who will be paid more quickly and more easily.

SAP unveils accelerated cloud strategy

Thursday 17, May 2012

SAP, has announced its accelerated cloud strategy cloud solutions for four lines of business to manage people, money, customers and suppliers. These are planned to be offered in a consistent way and seamlessly integrated into enterprise resource planning (ERP) business software. SAP will use the market strengths of SuccessFactors, an SAP company.

Iron Mountain launches e-invoicing service

Wednesday 16th May, 2012

Iron Mountain has launched an e-invoicing service named ‘Iron Mountain Electronic Invoice’ which converts paper invoices into a digital format and enables customers to manage bills from an online tool that automates Accounts Payable tasks.