News
Prime Minister backs supply chain finance for SMEs

Tuesday 23rd October, 2012

The Prime Minister has today thrown his weight behind a supply chain initiative, gathering more than 40 of the UK's biggest businesses in Downing Street to persuade them to help their smaller suppliers in the form of cost effective, efficient and fast-track invoice financing. The plan being to enable their smaller suppliers to raise cheap short-term loans from banks against the security of approved invoices.

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150,000 online daily fraud attempts - stopped with Experian

Tuesday 23rd October, 2012

Experian has joined in partnership with iovation, the Device Reputation Authority, to further enhance Experian's global fraud prevention capabilities. Iovation's advanced device recognition software, dynamic referencing and device reputation checks will increase the reach and effectiveness of Experian's identity verification and fraud prevention services.

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Sainsbury’s increases payment terms to 75 days

Monday 22nd October, 2012

Supermarket giant Sainsbury’s has been named and shamed by the Forum of Private Business for having increased all non-food supplier payment times from 30 to 75 days.

The supermarket told those affected last month in a letter it was set to make the dramatic increase following a ‘review’ which found their standard 30-day payment times ‘differed’ from industry standards.

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Serco’s ASP shared services moves to a cloud based solution with HP

Monday 22nd October, 2012

Serco’s Anglia Support Partnership (Serco ASP), has selected HP to help improve the quality and efficiency of its healthcare services.

A robust, high-performance HP Converged Cloud solution based on HP CloudSystem and HP Storage will help Serco ASP improve essential services by managing people, processes, technology and assets more effectively.

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Airline sign up with Esker

Friday 19th October, 2012

An agreement worth approximately $300,000 has been signed between Esker and an Asian airline company to implement end-to-end vendor invoice automation. As the first cloud-based solution to be deployed at the company, the Esker Accounts Payable on Demand solution will deliver improved process and business efficiencies.

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