Albany Software Industry News/Blog

UK companies reduce late payment days

Published Research by Experian’s business research arm reveals that corporations have made the biggest reductions in late bill payment times, closely followed by mid-sized firms.

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May 2012 HMRC RTI Update - Pilot kicks off!

Published April has come and gone and with it the HMRC Real Time Information pilot began quietly and successfully with the first 10 employers to adopt RTI making their initial submissions on-time and with little issue.

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Electronic payment methods taking over from costly cheques

Published UK cheque use has declined steadily each year - from 4 billion transactions in 1990 to 1.1 billion in 2010.

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Organisations switch banks for better payment services

Published Nearly half of corporate banking customers surveyed by SunGard state that they would be willing to switch to another bank if it provides better payment services.

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HMRC Real Time Information pilot begins successfully

Published The HMRC Real Time Information (RTI) pilot began last Wednesday (April 11th) with initial reports from the very first submitters of RTI data suggesting that it was a success with only minor hiccups in the process that were quickly resolved.

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Albany ePAY reaches 1,000 customers

Published In 2009, we completed the development of our current payment solution, Albany ePAY.

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How much money could electronic payments software save you?

Published If you still pay by cheque, you can save time and money by switching to electronic payments.

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Small businesses will benefit from National Loan Guarantee Scheme

Published Government-backed loans, less chance of going bust and determined management attitudes have finally created a wave of cautious optimism amongst UK businesses, four years after the recession.

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Faster Payments volumes up by a quarter

Published £76 billion was sent via 144 million Faster Payments transactions in the last quarter of 2011 – an increase of 23% on the same period in 2010.

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The untapped potential of cross-border payments

Published Most organisations are unaware that specialised International Payments services can save them time, money and stress.

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