Blog

The big benefits of supply chain finance

Supply chain finance – otherwise known as “reverse factoring” – has exploded in popularity in recent years, as businesses have recognised the positive impact it can have on cash flow and relationships across the supply chain.

The future of e-invoicing: To EDI or not EDI?

Organisations looking to implement EDI for the first time need to consider the challenges associated with this legacy approach to electronic trading. And those looking to upgrade should think twice before throwing good money after bad.

PEPPOL, Portals and Poor Supplier Service

The Pan European Public Procurement Online (PEPPOL) enables suppliers to connect seamlessly with buyers. But many suppliers are missing out on some of the benefits of PEPPOL by using third party portals.

An Interview with CloudTrade’s Head of Engineering, Michael Thomson

The project that we’ve been working on is all cutting-edge technology. Because we’re working at a large scale, you need the proper architecture in your software to deal with that.

Is the UK public sector ready for the EU’s e-invoicing deadline?

The UK public sector is preparing for a shift in its approach to e-invoicing. That’s thanks to EU Directive 2014/55/EU. The directive sets out how public sector organisations must be able to receive and process EU-compliant e-invoices from suppliers by 18th April 2020.

How to delight customers and minimise lost revenue

As we recently pointed out in a blog post on the problem of late payments, accounts payable departments are the “Cinderellas” of large organisations.

Collaborate to Accumulate

Here at CloudTrade, we’re proud of the unique technology we’ve built but we know that sometimes our solution only answers half the question. That’s why collaboration is crucial to our business.

6 things I learnt at SAP Ariba Live Barcelona

SAP Ariba Live isn’t your average conference. It’s the premier event on the procurement calendar, one that brings together over 3,000 forward-looking professionals from across the supply chain and e-commerce ecosystems.

A practical solution to late payments

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The latest press release from the Chartered Institute of Credit Management (CICM) on the Prompt Payment Code (PPC) makes for grim reading. 17 companies have been removed or suspended from the Code during the past quarter, with some household names being very publicly named and shamed.