1. Move to a completely paperless invoice process in 100 days
2. Reduce operating costs by 70 perc ent or more
3. Eliminate exceptions and simplify and accelerate dispute resolution
4. Minimize risk of overpayments, duplicate payments and fraudulent payments
5. Comply with corporate and regulatory requirements
6. Effectively benchmark and measure performance

And that is why ESB decided to rely on Ariba Invoice Management and PO Automation.

About ESB Power

ESB (Electricity Supply Board) Ireland’s premier electricity utility is said to be Ireland’s leading sustainable energy company, comprising Power Generation, Networks, Supply and International divisions.

It is the largest semi-State company in Ireland, with an annual turnover of almost €3 billion and invests approximately €1 billion per year in capital expenditure.

It is the first energy company in Europe to set a date of 2035 to decarbonise its power generation and by 2020 will be delivering one-third of its electricity from renewable sources.

Some comments on the cooperation

• Shana Dillon, Manager, Finance Operations at ESB: “Purchase Order and invoice management is a highly time and cost-intensive function.With Ariba’s solutions, we can create an effective process for interacting with our suppliers across the payment cycle that will lead to greater efficiencies and savings.”
• James Tucker, Director of Marketing, Invoice and Payment Solutions, Ariba:“With Ariba Invoice Management and PO Automation, ESB can execute a smart invoicing process that delivers greater visibility and control, improved contract compliance, and stronger supplier relationships.”