Electrical retailer DSG International is to abandon
paper invoicing in favour of an electronic system, using electronic
invoice exchange OB10.
OB10 hosts a global e-invoicing network that allows invoices to
be transmitted directly between suppliers' billing systems and
buyers' enterprise resource planning or accounting systems.
DSG expects the move to bring significant cost savings and
improve back office efficiency.
Ben Lewis, DSG’s UK finance transaction manager
said, “Paper-based processes are inherently inefficient and
expensive for us and our suppliers. By moving to electronic
invoicing, we can achieve significant savings and channel resources
into our core business.
“In addition, OB10 will create improved transparency for us and
our suppliers, which will enable us to make more informed
discussions on purchasing and will make it easier for suppliers to
do business with us.”
OB10 will work with DSG to enrol key suppliers to the new
electronic process over the next few months. The process is
designed to be scalable to allow for the growth of DSG’s
business.