In this arena of head-on competition OB10, One of the world’s largest technology-products distributors selected OB10 for e-Invoicing. Having rolled out EDI with some suppliers, Tech Data is taking automation further by extending electronic invoicing to its vendor partners across Europe
E-invoicing goals for Tech Data
Tech Data’s goal is to achieve touchless invoice processing. Through e-Invoicing the company aims to
- deliver accurate data into its ERP system,
- automate its invoicing process,
- improve cash flow,
- increase PO compliance,
- reduce the company’s carbon footprint,
- strengthen data quality and compliance.
Quotes from the executive
Let’s get a comment from the executives involved here:
- Philippe Bosquier, VP IT Europe and Managing Director Tech Data IT:
“Critical to our choice of service provider were demonstrable experience in on-boarding suppliers to the network, and the ability to manage the complexity of cross-border legal and VAT regulations.”” We are committed to phasing out paper and bringing greater efficiency and transparency to our finance function and suppliers through e-Invoicing.” - Luke McKeever, CEO at OB10:
“We are delighted to welcome Tech Data, an established supplier on the OB10 network, as a buyer. We are working closely with the Tech Data team to deliver a successful supplier on-boarding programme based on the knowledge and methodologies we have developed over 11 years in e-Invoicing.”
