e-invoicing – new win announcements confirm rapid growth

e-invoicing – new win announcements confirm rapid growth

Posted by Pete Loughlin in e-invoicing, Electronic Invoicing 23 Aug 2012

There’s been something in the air all year electronic invoicing. There has been before but this time it’s different. Exciting developments in Latin America as government mandate its use and European government following suit. The market research conducted by Paystream Advisors in collaboration with Purchasing Insight shows some exciting growth evidence (some of which will be presented at EXPP in Berlin in a few weeks) and it’s all backed up by an increasing number of new win announcements, the latest of which comes from OB10.

It has just been announced that Australian building products company CSR has selected OB10,  to offer electronic invoicing to its 10,000 suppliers.

Purchasing Insight logoTo deliver continuous improvements to its customers and business partners, CSR maintains a determined focus on innovation and customer service. e-Invoicing is to play an important part in supporting these objectives by strengthening relations throughout the supply chain.

John Denyer, Manager of Transactional Accounting Services at CSR, said, “For CSR, it is very important that our customers and suppliers regard us as a company that is easy to do business with. By partnering with OB10, we can offer our suppliers a broad range of choices in the way that they invoice us, regardless of the size of their organisation or their annual volume of invoices. In the near future we hope to expand this capability to our customers, giving them choice as to how they receive invoices from us.

“In addition, OB10 helps us operationally to speed up and simplify the way that we enter supplier invoice information into our system, improving the quality and enriching the content. This allows our Accounts Payables team to process invoices more efficiently and focus on higher-level activities in a more cost-effective manner.”

Luke McKeever, CEO at OB10, welcomes CSR to the e-Invoicing network, “We are excited to announce CSR as our most recent customer to join OB10 in Australia. CSR is among many forward-thinking companies adopting e-Invoicing to improve liquidity in its supply chain while benefiting from stronger supplier relations.”

To roll out e-Invoicing, CSR is working with Scan One Asia Pacific, a leading provider of automated accounts payable SaaS and P2P consulting services.

Pete Loughlin can be found on twitter @peteloughlin

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