Tuesday 17th September, 2013

Basware has announced that it's joined forces with BravoSolution, an independent supply management and spend analysis provider with the aim of creating a comprehensive source-to-pay (S2P) solution. Both companies pride themselves on offering best-in-class technology and consulting solutions and this new collaboration points to deeper involvement across the source-to-pay process. BravoSolution’s offering delivers businesses with strategic supply management value through a combination of spend analysis, eSourcing, contract management and vendor management solutions.

Monday 16th September, 2013

As reported in the Guardian, twelve men were arrested last week on suspicion of stealing from a Santander branch after a long term investigative operation by the e-crime unit at Scotland Yard. A London branch of Santander in The Surrey Quays was targeted by the men when they allegedly fitted a computer with a keyboard device (iKVM) that allowed them to transmit contents over the network.

Friday 13th September, 2013

Reports in Construction Enquirer point to the latest move within the industry to speed up payments along the supply chain with the news that Keir is set to offer reverse factoring. So far Balfour Beatty, VolkerWessels and Carillion have piloted or introduced payment schemes for subcontractors to speed up payments.

Thursday 12th September, 2013

The Business Secretary, Vince Cable has announced today that The Royal Mail is to be sold with an initial public offering (IPO), being made soon. The Government confirmed 10% of shares will be given to the 150,000 Royal Mail workers. Analysts expect the sell-off will make up to £3bn.

Wednesday 11th September, 2013

The Bank of England is considering moving away from the traditional production of money to producing new bank notes on polymer (synthetic plastics) rather than the cotton paper as at present. A decision is expected as early as December this year.

Tuesday 10th September, 2013

In the latest shift in the supply chain finance industry, Tradeshift have announced a new deal with CapitalAid to launch a $3bn factoring business in a bid to ease lending to cash strapped SMEs. The deal follows hot on the heels of the announcement only last week of OB10's move within the market and their takeover by Tungsden.