St. Patrick’s Day is traditionally the day when people don silly hats and that rivers and buildings across the globe go green. However, Celtrino with its Express e-Billing Service is helping businesses go green all year round.
Companies that depend on paper-based supply chain transactions usually require pallet loads of paper sheets, envelopes and stamps to send numerous invoices and other vital business documents to their trading partners.
By changing traditional communication methods to an automated electronic format, your company can significantly cut down on its carbon footprint and help the environment in the process.
Posted on
March 15, 2013 in
e-Commerce, eBilling, Green Agenda
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The main issue with cash-flow is that every company is trying to do the same thing and not everyone can succeed. Companies try and get their receivables in as fast as possible while also delaying their payables in order to keep as much cash on their books. Somebody loses out in the end and it’s usually the company that has not prioritised cash-flow management.
Late payments to SMEs threaten their existence as cash-flow is an imperative to their survival. Small firms find themselves at the mercy of large companies who are increasing the time-frame in which they pay suppliers for work that is already completed. It is estimated by the Telegraph that £36.5 billion is due in late payments.
