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How Governments Navigate ACH Payments Innovation

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As local- and state-level government entities continue to run, it’s not business as usual for the public sector — particularly in the way these entities make and receive payments. As a result, it’s placing greater pressure on government entities to digitize payment acceptance capabilities. Business-To-Government Payments.

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Government Entities Face An eProcurement Wake-Up Call

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economy has never seen a clearer picture of the consequences of friction in government procurement practices than it is witnessing right now. COVID-19, the disease caused by the coronavirus , could prove to become a catalyst for digitization in government procurement operations, according to Mark Eigenbauer, president of BidNet.

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Government Procurement Lacks Agility, Transparency, Survey Finds

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Government procurement is struggling to streamline and automate many tasks, forcing some executives to feel overworked, new research finds. But for others, simply digitizing the procurement process in the first place remains a challenge. That Procurement Performance Index dropped from 76.4 in 2016 to 72.6

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How Government Procurement Can Foster Private Sector Cybersecurity

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Government procurement can bolster the strength of local small businesses (SMBs), and provide an example for technology adoption in areas such as eInvoicing and electronic payments. government is already taking on the cybersecurity front. government business.”

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TIE Kinetix Tackles Move To Paperless Business, Government

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Both businesses and governments have adopted electronic invoicing methods in response to new regulations and in light of the significant cost reduction it affords. Combined, businesses and governments in Europe and the U.S. Combined, businesses and governments in Europe and the U.S. a few notable complications remain.

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TIE Kinetix Launches B2G eInvoicing Feature

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B2B eCommerce solutions provider TIE Kinetix is strengthening its position in the world of business-to-government procurement. The company announced late last week that it is launching a B2G eInvoicing solution in its Exact product, enabling government suppliers to send digital invoices to national and local government institutions.

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Bureaucratic Fuel Is Pushing B2B Payments Toward Digital

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Spanish authorities recently launched an online platform that government contractors can use to submit electronic invoices. Other European countries — for instance, Italy and Germany — have taken similar steps, and the European Union is backing that push toward more digitization for B2G and B2B invoicing and transactions.

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