2009 week 34
TNT in the media - week 34
TNT Says Dividend Program to Create 1.99 Million New Shares
17 August 2009
TNT NV said 49 percent of investors eligible to receive dividends have chosen to take the payment in new stock. Dividends will be converted at a rate of 1 ordinary share for every 91 dividend rights, creating 1.99 million new shares once the payout is complete, the delivery company said today in a statement on its Web site.
Source: Bloomberg, www.bloomberg.com
TNT offers eInvoicing with digital signatures in Asia
19 August 2009
TNT is now offering customers in key Asian markets the opportunity to switch to secure electronic invoicing to simplify and speed up shipping administration.
The new eInvoicing service is available to customers in Singapore, Malaysia, Indonesia, Thailand, Cambodia, Vietnam, Philippines, Hong Kong and India, TNT Asia announced. The service is already available in 42 countries worldwide, with 14 more countries to be implemented this year.
The free web-based service offers time and cost savings, environmental and security benefits for both TNT and its clients. TNT is offering the new e-invoicing data, which includes attached digital signatures, in several formats, including PDF and CSV.
eInvoicing offers significant time-saving benefits, reduces paper handling costs and improves the accounts payable management process, TNT noted. The electronic invoices can be downloaded in a number of formats, including PDF and CSV. Managing shipping transactions is more straightforward as customers can easily consolidate the invoicing data into their own accounting systems. TNT’s eInvoicing addresses the issues of data protection and security. Password-protected accounts on secure websites provide more security than a potentially vulnerable paper trail, the company said.
In addition, the service contributes to environmental sustainability by reducing the number of paper invoices. TNT estimates that it could eventually eliminate up to one million paper invoices per month.
Onno Boots, regional managing director of TNT Asia, said: “The introduction of eInvoicing underlines TNT’s commitment to offering unrivalled customer service. In today’s highly competitive business environment, time is money. By making invoicing less time-consuming and more adaptable to our customers’ specific requirements, we are freeing them up to focus on what they do best: running their businesses.”
Damien Tan, managing director of TNT Singapore, added: “The new eInvoicing service has been designed with the requirements of our customers in mind; requirements which we have worked closely with them to identify. It addresses key business issues such as competitiveness, cost-cutting and efficiency. Such issues are a key priority, especially in the current economic environment. Going forward, we will continue to work on improving the service we offer our customers and helping to grow their profitability."
Source: CEP Research, www.cep-research.com