E-invoicing and P2P provider Basware has partnered with MasterCard, one of the world’s largest payment networks, to launch a new electronic payment solution that would allow suppliers to be paid promptly upon invoice approval, as well as extend payment terms for buyers. Look out for Spend Matters' analysis of this partnership tomorrow.
According to a new International Labor Organization report, child labor has declined by one-third since 2000. However, there are still an estimated 168 million child laborers around the world, more than half of whom are involved in “hazardous work.”
Walmart is giving 35,000 part-time employees full-time status and moving another 35,000 temp workers to part-time after last year’s difficulty keeping store shelves stocked, a result of too few employees.