Friday 20th June, 2019

Procurement practices at the food giant Kraft Heinz are being investigated by the US Securities and Exchange Commission (SEC). In the company’s latest annual report Kraft Heinz said “multiple employees in the procurement area engaged in misconduct”.

Thursday 20th June, 2019

The government will consult on strengthening the powers of the Small Business Commissioner to hold to account the minority of larger businesses who fail to make payments on time. New powers could include compelling information and disclosure of payment terms and practices, imposing financial penalties or binding payment plans on large businesses found to have unfair payment practices.

Wednesday 19th June, 2019

FISCAL Technologies has announced a new partnership with Advanced, the UK’s third largest provider of business software and services. The partnership will enable Advanced’s Enterprise Resource Planning (ERP) and Financial Management solution customers to strengthen their Purchase-to-Pay (P2P) fraud and risk protection with FISCAL’s proven solution.

Tuesday 18th June, 2019

Palette Software has announced a partnership with CloudTrade Networks to deliver end-to-end automation for supplier generated invoices delivered into the Palette Purchase to Pay cloud platform.

Thursday 13th June, 2019

Pagero has entered into a strategic partnership with UK based process automation specialists Documation Software. Customers of Pagero and Documation will now reap the benefits of transacting fully compliant true electronic documents, as well as achieve complete end-to-end automation across their accounts payable and accounts receivable processes.

Thursday 6th June, 2019

According to a Thomson Reuters survey of 100 Chief Financial Officers (CFOs) across the UK and Europe, 31% of companies anticipate relocating staff from the UK because of Brexit.