A key differentiator in our selection process was OB10’s proven skills in working with suppliers to successfully onboard them to the e-Invoicing network.
London, UK (PRWEB) November 03, 2011
OB10 (http://www.ob10.com), the e-Invoicing network, has been selected by the John Lewis Partnership, a leading UK retailer, to drive efficiencies and streamline its processes with suppliers to support the continuing growth of its business.
The Partnership is phasing out paper invoices and launching new solutions to ensure its suppliers can send their invoices electronically to Partnership Services, its business services division. By using e-Invoicing, its suppliers will benefit from secure and guaranteed invoice delivery within hours, which will allow its Financial Processing department to process invoices more quickly and with greater transparency.
Supporting suppliers’ transition to e-Invoicing is important to the retailer. “A key differentiator in our selection process was OB10’s proven skills in working with suppliers to successfully onboard them to the e-Invoicing network,” said Chris Darlington, Project Lead at Partnership Services. “We particularly liked OB10’s ability to accept any file and any format, which makes e-Invoicing as easy as possible for our suppliers.”
The retailer also found that suppliers who submit 17% of its goods-not-for-resale (GNFR) invoices were already on the OB10 e-Invoicing network.
“e-Invoicing is an important element of any finance initiative as it supports and streamlines the purchase-to-pay process,” said Luke McKeever, CEO at OB10. “We are delighted to support the John Lewis Partnership on its journey and welcome it to our network alongside our growing list of major retail clients.”
OB10 (http://www.OB10.com) is the leading global B2B e-Invoicing network. OB10 simplifies and streamlines the complex invoice-to-pay processes. Neither client organizations nor their suppliers are required to implement any hardware of software, and OB10 is independent of data file formats. OB10 can reduce the cost of paper invoice processing by typically 60 percent and can deliver an ROI in less than a year if the programme follows OB10’s best practice guidelines. Operational across Europe, North America and Asia, OB10 is compliant with the requirements of VAT, tax and e-Invoicing legislation and receives invoices from suppliers across 137 countries. To ensure unrivalled and rapid supplier enrolment, each new customer’s suppliers are supported by an implementation services team responsible for getting them up and running on the OB10 network.
Customers include: Agilent Technologies, Amgen, Aviva, Barclays, BP, British Energy, Cargill, Computacenter, Deutsche Lufthansa AG, DHL, Dr. Pepper, DSG International, Eli Lilly & Company, Fisher Scientific, General Motors, GlaxoSmithKline, Hewlett Packard, IBM, Imperial College, Kellogg’s, Kraft, Logica, Mohawk Industries, Motorola, Pfizer, SaraLee, Schneider Electric, Severn Trent Water, Shaw Industries, Steria, Tesco, Unilever, US Federal Government, Whirlpool and Xerox.
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OB10 blog: http://www.ob10.com/OB10Blog/
About The John Lewis Partnership
The John Lewis Partnership is a visionary and successful way of doing business, boldly putting the happiness of Partners at the centre of everything it does. It's the embodiment of an ideal, the outcome of nearly a century of endeavour to create a different sort of company, owned by Partners dedicated to serving customers with flair and fairness.
All 76,500 permanent staff are Partners who own 35 John Lewis shops across the UK (29 department stores and six John Lewis at home), 267 Waitrose supermarkets, an online and catalogue business, johnlewis.com, a production unit and a farm. The business has annual gross sales of over £8.2bn. Partners share in the benefits and profits of a business that puts them first.
For more information, visit http://www.johnlewispartnership.co.uk.