Day: March 8, 2007

In December 2005, I reported the acquisition of Harbor Payments by American Express. At the time, American Express claimed that Harbor technology would become the basis of its Source-to-Settle (S2S) e-purchasing system, driving greater levels of cost savings while improving control and compliance requirements across its customer base. Today, American Express (Amex) announced further information about its S2S proposition, S2S(SM) eInvoice&Pay. In their press release, Amex claimed that their proposition is the first fully integrated Electronic Invoice Presentment and Payment (EIPP) solution. Amex needs to explain how they arrived at such conclusion, as there are plenty of other solutions offering…