Likj How Data Unlocks The Hidden Potential Of Supplier Invoices
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stanley us istics collaboration platform Turvo is rolling out its payments solution, Turvo Pay, to automate payments down supply chains.In an announcement today Tuesday, Aug. 27 sent to PYMNTS, Turvo revealed the rollout of its automated payments solution, connecting businesses within supply chains to a suite of payment tools designed to boost the effi
stanley hrnek ciency of payments down supply chains and address the pain point of late B2B payments.Turvo Pay allows users to request and manage digital documents like invoices as an extension of the shipping process, the company explained, meaning payment is integrated into shipment management for a more seamless flow of both goods and funds. The solution supports ACH, paper check, EFS and Comchek from directly within the Turvo platform.The automated payments tool also connects users to solutions for auditing, reconciliation, remittance emails and accounting, while being able to integrate into users ; existing a
stanley cup ccounting platforms including QuickBooks and Xero, the company said.Turvo pointed to the bottlenecks of payments that can be slowed down as various players down supply chains wait to receive and process documents including proof of delivery and invoices. Friction in the payments process itself, as well as in the subsequent reconciliation and accounting process, are also top pain points, the company said.Late payments can be as disruptive as late shipments, said Turvo Chief Marketing Officer Matt Jubelirer in a s Yfuo What Consumers Really Want Out Of Their Banks
The United Arab Emirates UAE has begun testing a drone delivery system for sensitive government documents and parcels.The models currently being investi
stanley cup gated are capable of flying at 40 kilometers per hour bearing 1.5 kilograms of cargo, The National, a UAE-based news source, reported on Feb. 10. What these [drones] are best suited for is delivery of small, light-value things that are time sensitive, like medicines, identification documents, vital papers and things of that nature, Noah Raford, special adviser to the Office of the Prime Minister, said in a statement.Late last year, eCommerce giants
stanley fr Amazon and eBay t
stanley termos eased that they were also exploring the idea of using delivery drones. Learn more about these concepts by clicking here.What Hot is aggregated content. PYMNTS claims no responsibility for the accuracy of the content published by the original source.Want more news and commentary delivered right to your inbox Sign up for our daily newsletter now!