Corcentric blog

Continuous transaction controls are seen by some tax authorities as a more accurate and timely way to gain insight into transactions that are liable for taxation.

Corcentric met with Jon Swan from Forums International to discuss the challenges credit managers face today.

Here is a snapshot of what mandatory B2B e-Invoicing looks like in European countries which have mandates in place.

Business-to-government (B2G) electronic invoicing comes in many different varieties, relying on different platforms to generate and receive invoices and even different methods of delivery.

At Corcentric we enable businesses to bring their days sales outstanding (DSO) down dramatically and fix this at a lower number of days, permanently.

Credit risk, in the extreme, is often insured against to prevent terminal cash flow shocks from bad debt.

Every extra day of days payable outstanding (DPO) frees up working capital that can be put to use more profitably.

In a recent study conducted by Forrester Consulting on behalf of Corcentric, it was found that customer experience improvements ranked even higher than revenue growth as a business priority for CFOs across the UK, US, and France!

The faster invoices are paid, the sooner cash comes into the business and can be applied to more strategic use.