ADP, a leading provider of human resource outsourcing, payroll services, benefits administration and integrated computing solutions for vehicle dealers, announced on May 30th that it has signed an agreement with US-based multi-million dollar direct selling company – Team National, to provide the latter with its payroll, compliance and benefits solutions. Continue reading
EMC Corporation, one of the world’s largest makers of data-storage computers, acquired performance management software expert Watch4Net Solutions Inc., its partner for more than seven years, in an all-cash transaction on May 31st. Continue reading
SunGard has added Spanish language capabilities to two of its iWorks Healthcare solutions.
SunGard announced today that it has added Spanish language capabilities to two of its iWorks Healthcare solutions: iWorks Macess, a content management, process management and customer service platform, and iWorks FormWorks, a front-end data capture solution. Continue reading
Art Hernandez
vice president, product management, receivables
SunGard’s AvantGard business unit
Most credit managers or directors manage multiple collection agency relationships for their B2B collections, yet the process of managing these relationships can be highly manual and complex creating lack of efficiency and transparency for both the company and agency. Continue reading
Comdata Achieves Several Growth Milestones in the Payments Industry
Comdata Corporation, a leader in payment innovation, announced yesterday that in April the company achieved over $1 billion in monthly MasterCard credit spend volume. Already the number one issuer of MasterCard in the fleet industry, Comdata was recently notified that the company is the second largest corporate large market MasterCard issuer, as well as the overall fourth largest commercial issuer of MasterCard. Continue reading
The Procure to Pay structure is becoming more and more embraced in the healthcare industry. Leading healthcare organizations such as Fairview Health Services, UPMC, and Mayo Clinic have all made strategic organizational decisions to merge the traditionally disparate functions of Purchasing and Payables.
Mayo Clinic has taken the Procure to Pay model a step further by splitting their department into three distinct, yet synchronized groups of Business, Transactions, and Service. Reporting relationships have changed as one manager is responsible for each group and one director oversees all three groups. However, this realignment truly integrates AP and Procurement and allows their resources to shift seamlessly between groups, thereby freeing up staff to better serve their customers.
Mayo Clinic’s three Procure to Pay Operations Managers are ready to share their model in a case study presentation at PayStream Summit 2012 in Charlotte this September. Could Mayo Clinic’s model be the catalyst behind Procure to Pay 2.0?
Jennifer Matey, Operations Manager - Procure to Pay, Mayo Clinic
Kay Hysell, Operations Manager - Procure to Pay, Mayo Clinic
Tim Hicks, Operations Manager - Procure to Pay, Mayo Clinic
I love words and phrases and motivations. As a young man, (not that I am all that old) I used to listen to people like Stephen Covey, Zig Ziglar, Earl Nightingale… yep, I was one of those people. Continue reading
Pollenware, a provider of cloud-based Collaborative Cash Flow Optimization (C2FO)TM technology, announced today that its first quarter growth for 2012 was $368.4 million in Early Cash Flow Delivery (ECFD)TM, a 766 percent increase over the prior year numbers during the same period. Continue reading
Partnership brings Taulia’s SAP-Certified add-on and Dynamic Discounting capabilities to Tradeshift users.
Tradeshift, an online business network that simplifies and automates common tasks such as invoicing and supply chain finance, together with Taulia, the only SAP®-certified cloud platform for dynamic discounting, today announced that Tradeshift’s enterprise customers can now integrate to SAP® with Taulia’s advanced connector. Continue reading
Healthcare payments market continues to expand.
InstaMed a leading Healthcare Payments Network, announced this week that it has raised $14 million in new capital. More than 90 percent of InstaMed’s existing investors participated, representing broad and sustained participation from the east and west coasts. The new capital included funding from five funds, including one new fund, and angels. Continue reading
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