News

Basware Appoints Head of AI and CIO to Lead Innovation Drive

Two experts will further Basware's investment and leadership position with its AI product offering and digital transformation

Thomson Reuters Acquires Pagero for $800M

The acquisition marks the sixth deal closed by Thomson Reuters since January 1, 2023,

Sovos Introduces Compliance Cloud to Help Businesses Navigate Global Tax and Regulatory Environments

Sovos’ Compliance Cloud will facilitate more than six billion tax and e-invoicing transactions across 80-plus countries this year

HighRadius Acquires Cforia

Combination of Order-To-Cash automation pioneers brings full Autonomous Finance Platform capabilities to 100 new customers

Basware Appoints Head of Compliance to Aid Customers in Navigating Global E-invoicing Regulation

The appointment aims to bolster the company's compliance capabilities and assist clients in adapting to upcoming e-invoicing regulations.

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P2P Esker Named in First Ever Gartner® Magic Quadrant™ for Source-to-Pay

Esker has been named in the first ever Gartner® Magic Quadrant™ for Source-to-Pay.

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Finance Leaders are Preparing for Increased Regulatory Scrutiny in 2024, Basware Study Finds

Eight in 10 finance leaders are actively prioritizing the preparation of their departments to navigate heightened regulatory scrutiny,

Brexit Takes Toll on UK Businesses: Avalara Survey Unveils Financial Impact

The repercussions of the Brexit decision in 2020 have proven to be costly and complex for UK businesses, with enterprises reporting an average loss of £143,870, according to recent research commissioned by Avalara

Tax Report Signals Increased US Sales Tax Audits and Global E-Invoicing Growth in 2024

The report covers tax changes across the U.S. and internationally, as well as specific changes in key industries

Kofax is now Tungsten Automation

The automation software provider, Kofax now has a new name.

Thomson Reuters Acquires Majority Interest in Pagero, Ending Bidding War

Thomson Reuters’ majority ownership of Pagero will enhance the strategic partnership announced in February 2023, accelerating the companies’ joint vision for a connected suite of global indirect tax, reporting and e-invoicing capabilities.

Thomson Reuters Proposes Acquisition of Pagero

Thomson Reuters announced a move to acquire 100% of the shares of Pagero for $627 million USD. The acquisition is contingent on securing acceptance from ove

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P2P US e-Invoicing Exchange Network Launches: Digital Business Networks Alliance

In a similar model to Peppol, the network uses a four-corner model, where e-documents are sent and received through an access points that connects companies to the network.

Vertex, Inc. Announces Offer to Acquire E-Invoicing Provider Pagero

Vertex commenced a public tender offer for 100% of the shares of Pagero for approx $555 million.

Tax 3 in 5 UK Businesses Avoid International Expansion Due to US Sales Tax Complexity

Tax complexity is hampering British businesses expanding into new markets, with 60% of UK business leaders deciding not to expand into a new market due to the complexity of dealing with additional compliance.

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Candex Announces $45 Million Series B Expand Tail Spend Management Business

The capital will be used to support the company's high growth and expand into new markets.

P2P New Report: Finance Transformation Successes and Pitfalls

While finance automation can lead to impressive, financially rewarding transformations, many programs still fall short, leading to wasted resources, tarnished reputations, and a negative shift in organizational culture.

Zuora and Avalara Expand Partnership with an Integrated E-Invoicing Solution

Zuora Inc. expands its partnership with Avalara Inc., offering advanced e-invoicing and live reporting solutions. This collaboration helps businesses meet global digital reporting requirements, providing access to e-invoice networks, regional compliance support, and real-time invoice monitoring.

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Vertex Announces Strategic Partnership with Pagero

Vertex and Pagero partnership will enable a unified global solution for e-invoicing and indirect tax compliance.

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Survey Finds Majority of US and UK CFOs Face Significant Talent Shortage and Burnout of Existing Staff

Finance leaders must balance their company's business dynamics while navigating unpredictable waters, given the pressures of high inflation, growing talent gaps, and concerns over an impending recession

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