Royal Bank of Scotland is latest E-invoicing Platform member

rbs2 Royal Bank of Scotland is latest E invoicing Platform memberIt was only yesterday that we could proudly present a new member, but today we have to honour of introducing you to yet another new addition to our list: the Royal Bank of Scotland. The Royal Bank of Scotland (RBS) Group is an international banking and financial services company. From its headquarters in Edinburgh, the RBS Group operates in the United Kingdom, Europe, the Middle East, the Americas and Asia, serving over 30 million customers worldwide.

About RBS’s products

The Transaction services team offers global coverage and local knowledge, enabling their clients to transact efficiently with their customers, suppliers and counterparties – wherever they do business.

RBS e-Invoicing allows for invoices and trade related documents (including invoices, purchase orders and credit notes) to be issued, received, approved, reconciled and archived in real time. By automating the exchange of invoices between buyers and suppliers, organisations can enhance visibility of their cash flow, experience significant reductions in physical paper invoice documents and their associated costs, optimise days sales/payable outstanding, and reduce the volume of queries they receive.

Customers can also benefit from the combined capabilities of RBS e-Invoicing and the RBS global supply chain finance solution MaxTrad™. MaxTrad provides an integrated supply chain solution for all trading partners through the Supply Chain Portal, whether they operate in a digital or paper-based environment. By utilising MaxTrad, suppliers can select invoices available for discounting and issue online purchase requests to RBS. The portal provides detailed status updates for each purchase invoice, whether paid or overdue, and enhances supply chain management by matching cash inflows and outflows.

Interested? Contact RBS:

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