Leading Food and Beverage Companies Utilize OB10 e-Invoicing Expertise

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The leading global e-Invoicing network manages transactions for the world’s most recognizable food and beverage brands

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Food and Beverage companies have come to discover the value in engaging an invoice automation solution that is global in every respect.

OB10, the leading global e-Invoicing network, has taken a leadership role in the food and beverage industry by providing e-Invoicing solutions to the world’s most recognizable brands.

By selecting OB10 to automate their invoice submission process, these food and beverage companies have demonstrated confidence in an organization that can truly enable e-invoicing on a global scale. Furthermore, they realize significant organizational benefits including reduced operational costs, reduced exceptions, improved cash management and improved global compliance.

Major food and beverage companies also rely on OB10 to quickly and efficiently enroll suppliers into the OB10 Network; leveraging multilingual support and service centers in North America, Europe and Asia Pacific as well as taking advantage of the company’s complete in-house, end-to-end implementation and management services.

The most recognizable food and beverage brands that have chosen OB10 represent more than $450 billion in annual sales and include the following:

  • The largest privately held company in the US and one of the largest food-related companies in the world
  • The second largest food consumer products company in the US
  • The #4 beverage company in the US
  • The #5 food consumer products company in the US
  • The #6 food consumer products company in the US
  • The third largest retailer in the world and a global leader in grocery and general merchandising
  • One of the largest food and beverage multinational corporations in the world based in Europe and housing many of the world’s most popular food and beverage brands.

“Food and Beverage companies have come to discover the value in engaging an invoice automation solution that is global in every respect,” said Peter Watson, Senior Vice President, OB10. “Because we understand their industry and proactively enroll their suppliers quickly and efficiently – many of which were already on the OB10 Network - we begin to immediately save our customers time and money and have made a significant impact in this segment.”

In addition to the financial and operational benefits OB10 delivers through e-Invoicing, the environmental benefits realized are significant as well. The 1.6 million electronic invoices annually processed by the top food and beverage companies via the OB10 Network contributed the following in environmental savings:

  • 4,800,000 sheets of paper
  • 576 trees
  • 68 barrels of oil
  • 138,923 KW of energy
  • 2,033 pounds of air pollution

“The leading food and beverage companies continue to find value in e-invoicing through OB10,” said Watson. “Whether it’s operational or environmental, we’ve helped our customers positively contribute to their bottom lines and their surroundings.”

To learn more about OB10 and see a partial list of customers, click here

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About OB10
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 or 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 program 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 in 137 countries. To ensure unrivalled and rapid supplier enrollment, 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, Aviva, Barclays, BP, Cargill, Deutsche Lufthansa AG, DHL, DSG International, Fisher Scientific, General Motors, GlaxoSmithKline, Hewlett Packard, Hertz, IBM, Imperial College, Kellogg’s, Kraft, Logica, Mohawk Industries, Motorola, Pfizer, SaraLee, Schneider Electric, Shaw Industries, Steria, Tesco, Unilever and US Federal Government.

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Ernie Martin
OB10
(770) 668-1346
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