Two best of breed solution providers collaborate to to boost e-invoicing adoption
SupplyOn, the Global Supply Chain Collaboration Platform, has chosen CloudTrade’s patented PDF to e-invoice technology to boost e-invoicing adoption among its customers.
SupplyOn is the leading supply chain collaboration platform for the global manufacturing sector. Its best of breed online platform enables users to manage business processes with suppliers and service providers across continents in a structured, transparent and secure manner.
SupplyOn has established a company network in the manufacturing industry – with a focus on the automotive, aerospace, railway and engineering – connecting businesses across 70 countries.
Among SupplyOn’s 60,000 customers are international brands including Airbus, BMW Group, BorgWarner, Bosch, Continental, DEUTZ, Kautex Textron, Liebherr, Safran, Schaeffler, Schindler, Siemens, Thales, and ZF.
CloudTrade is one of the world’s fastest growing e-invoice and e-document networks, connecting hundreds of global organisations to thousands of their trading partners electronically across numerous sectors and regions.
CloudTrade’s PDF to e-invoicing solution integrates seamlessly with SupplyOn’s platform and will help drive supplier adoption rates of e-invoicing of over 80-90%. CloudTrade’s solution ensures 100% accurate data is uploaded within minutes of a supplier submitting a PDF invoice. Ensuring users see back office savings in the region of 60%.
Richard Manson, CloudTrade’s co-founder and Commercial Director, says: “When you’re doing business internationally and interacting with thousands of suppliers every day, your P2P process and ERP systems rely on accurate data to be highly efficient, easy to use and most importantly, operate on a global scale. Our solution encourages as many suppliers as possible to move away from paper and onto electronic document submission methods and because CloudTrade is incredibly cost effective and easy to use, we enable SupplyOn users to maximise efficiencies and transform their back-office functions.”