The e-Invoicing service provided by the Royal Bank of Scotland has won the highly coveted Banking Technology Award for Best Use of IT in Wholesale/Transaction Banking. Awarded in December 2012 at the Grand Connaught Rooms in London, the Banking Technology Awards have become established as the premier event recognising excellence in the use of IT in financial services.
Incorporating e-invoicing
RBS successfully demonstrated how they can provide extra client value by incorporate e-invoicing with their Supply Chain Finance capabilities. In addition to reducing AP processing costs, the solution can rapidly decrease invoice cycle times, opening up timely invoice-based finance, such as Supply Chain Finance and early payment discounts.
It’s just the beginning
With RBS’s cutting-edge and innovative technology supporting its long-standing experience in global trade, this is clearly just the beginning of a journey that will lead the bank’s customers into safer, quicker and greener trading for many years to come. For more information, please contact Saeed Rezavi, Global Head of e-Invoicing, RBS.
Email: [email protected]
Telephone: +44 (0)20 7678 5649