Accounts Payable News^®

Tuesday 18th June, 2013

The UK Government has taken a step closer in the drive towards universal e-invoicing transactions for public procurement and SMEs with the publication of the Information Economy Strategy. While the strategy is still more than a few steps away from mandating the use of einvoicing, the Government has not ruled that out as a possibility, stating that they will "take action at a later date, if required." The report states that the aim "is for central government to use electronic invoicing for all transactions."

Monday 17th June, 2013

Invapay has announced a significant addition to its existing Payment and Trading platform - "CardReconcile" which the company describes as a dynamic solution which enables the efficient reconciliation of all card based purchasing transactions - irrespective of scheme, issuer or data formats.

Friday 14th June, 2013

Barnet Council's New Support and Customer Service Organisation (NSCSO) contract has been delayed until a final judgement on the appeal is reached. The appeal against a High Court decision not to grant a judicial review into the Council's outsourcing plans is to be heard at the beginning of October.

Thursday 13th June, 2013

According to the monthly jobs data report by the Association of Professional Staffing Companies (APSCo), the number of permanent vacancies in the market went up by more than two per cent last month. A similar increase in the number of placements was also recorded - which is the first time this has happened since September 2011.

Finance jobs make a come-back while engineering remains the most resilient of the professional sectors with skill shortages still dominating the picture.

Wednesday 12th June, 2013

The regulations surrounding buying of goods or services by governments and public bodies in the EU can provide opportunities to make big savings and secure good relationships with suppliers, according to procurement experts Efficio.

In the latest Efficio Viewpoint article, Principal Dappula Wijeyeratne says that on the face of it the regulations appear to go against the basic principles of good procurement – “good healthy debate, fact-based negotiations, rounds of discussions focused on an ever-decreasing price...the very heart of a competitive event.”