lankarkiv.net

© kozumel

Dataline and Fundtech have entered into a joint partnership in view of the need to provide e-invoicing to its corporates in the Asian countries. This partnership will enable online accounting whereby corporate will be able to change the supply chain of funds to improve their cash inflow and outflow.

E-invoicing does away with paperwork and saves time and money with its superior technology. It also saves on bill processing time by electronically sending the invoices. On the receivables side, settlements are made fast with instant deliveries and better tools to manage queries. On the payable side organizations can accept in their e-invoicing network, invoices straight from the suppliers.

By working together, Dataline, an Australian payment and solution company and Fundtech, a company providing global banking solutions, will bring forth products in e-invoicing ranging from outgoing receivables to incoming payables as well as modules on electronic payments etc.

Account Payable departments of organisations will also be provided with the option of switching from paper to electronic form of data by opting for the paper to data service. There would also be provision to capture invoicing data through any mode be it by fax, email or EDI and cross checking it with business agreement.

© John-Morgan

Last year, with the new tax software that I used for my business, I got a good tax refund and was thrilled! I was especially glad since I had needed to update my office space for a couple of years, but didn't have the funds to do any such projects. Finally being in a position to do some badly needed updating, thanks to my refund, the first thing I did was install new Empire carpet. This has made a great difference in the look of the office space and in our morale, as well! When looking at the samples that an Empire Today sales representative brought, I also got some tiles for the entryway, which makes cleaning up from foot traffic during rainy or snowy weather a much easier prospect. So it was entirely gratifying to have used that tax software and to have received a refund. Now that this is my second year, the idea of preparing my taxes isn't so daunting. I can just update plug in my data, check it over and be done! I'm not sure about a refund for this year, but if I do get one, I'm looking forward to putting it back into my business for another update or two.

© Ed Yourdon

The top accounting software vendors are ranked by the IDC in a new report. The rankings are based on worldwide revenue generated, and the report found that for 2010 the top three accounting software providers were SAP, Oracle and Sage.

These big three accounted for 30% of the market total. The report also noted that worldwide revenues for accounting software vendors increased year on year in 2010 by almost 5%. This growth was attributed to pent up demand following the 2008 global recession. The top companies have focused on improving their transactional financial management offerings as well as their business intelligence applications. These two markets are growing at above average rates of around 9%, but the overall accounting software market growth was restrained by regulatory concerns related to SaaS model migration.