When the notion of sending and paying bills online was introduced several years ago, the idea had all the makings of a killer app. Companies could save on the cost of mailing out monthly bills, and customers could stop writing checks and spending money on stamps. Some experts even predicted that the U.S. Postal Service, which delivers roughly 35 billion bills a year, would have to lay off workers and close facilities as mail volume plummeted.

FOR MOST COMPANIES today, B2B transactions start and end with the purchase order—with billing and payment still largely done the old-fashioned way, on paper.

PHOENIX, Ariz. - Jan. 30 (SEND2PRESS NEWSWIRE) -- Telesoft Corporation, the leading provider of Expense Management Solutions for enterprise, has announced a new release with TeleSOX features specifically designed to aid companies in meeting Sarbanes-Oxley reporting requirements. In order to accomplish this task, TeleSOX offers a method to aggregate, monitor and analyze telecommunications data in order to correctly report expenses.

EMC Corporation, the world leader in information management and storage, today announced that it has been honored with KMWorld magazine's Readers' Choice Awards in five technology categories for excellence in knowledge management.

U.S. Xpress Is First Customer to Enhance Corporate Payment Card Program With Xign-Comdata Solution

Kimberly-Clark is the latest company to wake up to the potential pluses of using outsourcing services on foreign shores by signing a five year deal to hand over the reigns of its finance and accounting systems.

The consumer brand giant, which produces products such as Huggies, Kleenex and Kotex, which are used by 1.3 billion people every day has called on Genpact, a business and technology services provider, to help it realise strategic objectives, including making it more competitive.

Failure to comply with new IRS regulations designed to bring travel expense reporting practices under control could prove costly for some businesses.

New Aberdeen Research Identifies Accounts Payable as the Next Frontier for Improvement in the Source-to-Settle Process.

While the vast majority of A/P departments remain mired in a manually-intensive, thoroughly paper-based world, the new report from Aberdeen, a Harte-Hanks Company (NYSE: HHS), "Accounts Payable: Strategies for Success," report shows that best-in-class enterprises are hyper-efficient in processing invoices and are able to optimize cash flow while building and maintaining strong supplier relationships.

Abstract: The value of accounts payable (AP) training to an organization should not be underestimated. Because AP touches every department within an organization, it’s essential that training reach beyond departmental boundaries and blend AP’s internal business partners into the mix. Leading finance and AP managers believe that a well-structured training curriculum can improve productivity by a minimum of 15 percent, while poorly conceived courseware can severely hinder both morale and motivation.

Electronic invoice presentment and payment (EIPP) is a process by which companies present invoices and make payments to one another via the Internet. While the process has not yet achieved significant adoption rates, early adopters have found it to be a promising tool in the business-to-business (B2B) environment.

The motivations for adopting an EIPP solution, according to Business-to-Business EIPP: Presentment Models and Payment Options, a report by the Council for Electronic Billing and Payment (CEBP), are many. They include: