Archive for Europe

The E-invoicing Checklist: The new EU E-invoicing Directive [part 4]

The new EU Directive must be implemented in all EU Member States by 1 January 2013. In other words, wake up and make sure you know what its all about. And isn’t that convenient? We’ve got all the info right here for you in part 4 of the series on the E-invoicing Checklist.

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Nomura sets out for next-generation e-invoicing with OB10

Nomura sets out for next-generation e-invoicing with OB10

Nomura is a major global financial services group and one of the biggest Asian-based investment banks. Nomura has individual, institutional, corporate and government clients in over 30 countries. Nomura employs over 27,000 staff worldwide.

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ESB selects Ariba to power up its AP automation strategy

ESB selects Ariba to power up its AP automation strategy

June 26, 2012  |  Europe, Invoice Automation

Their objectives? Well: Move to a completely paperless invoice process in 100 days / reduce operating costs by 70 perc ent / eliminate exceptions and simplify and accelerate dispute resolution / minimize risk of overpayments, duplicate payments and fraudulent payments / comply with corporate and regulatory requirements / effectively benchmark and measure performance.

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London Borough of Camden uses RBS’s Accounts Payable e-Invoicing service to the max

As part of a project to streamline purchase to pay operations, the London Borough of Camden is using RBS’s Accounts Payable e-Invoicing service. 90 per cent of the 4,300 suppliers got on-board, creating a ROI of below twelve months

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Palette introduces yet another new customer: Murco Petroleum

Palette has entered into a new contract with Murco Petroluem. It makes you wonder how they do it. New customers keep on coming. Murco Petroleum will enhance its accounts payable operations with Palette’s advanced, web-based invoice automation solution to standardise accounts payable processes across the business, and simplify workflow for staff.

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Itella and Finland State Treasury sign EUR 8 million deal

June 22, 2012  |  Electronic Invoicing, Europe, Government

Itella Information and the State Treasury signed a contract worth over EUR 8 million. The new contract will allow the State Treasury to seamlessly continue its transition to electronic invoice forwarding and thus make operational and financial savings. It is believed that Finnish taxpayers will ultimately benefit from this.

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OB10 enhances their E-invoicing Portal, closes deal with Centrica

Centrica decided to adopting OB10’s e-Invoicing solution. The decision of Centrica is well timed, as OB10 is launching the latest version of its customer e-invoicing portal. Based on feedback from thousands of AP and AR professionals

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Virgin Media launches mobile e-billing: 1,5 million e-bills each month

June 20, 2012  |  Electronic Invoicing, Europe

Virgin Media’s back-office billing engine generates data for over 1.5 million mobile contract customers a month – most of which choose to receive their bills electronically. The new in-house solution was chosen by Virgin Media to improve customer satisfaction and improve operational efficiency

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Basware signs two new contracts: Restel Consolidated and the Divest Group

The deal with Restel Consolidated allows Basware to deliver printing and sending services for outgoing invoices. With a EUR 0,5 million for the next 3 years. The deal with the Divest Group is much more extensive and amounts to approximately EUR 1.3 million for the next 3 years. Serious money

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Estonian Post subsidiary eArvekeskus shows eightfold grow in one year

The Estonian Post daughter eArvekeskus (eInvoicing Centre) has shown an eightfold growth in volume over the past year. And it has been operating for just three years now. Currently more than 1.200 corporate customers and local governments signed up with the eArvekeskus (eInvoicing Centre)

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