Log Management Authors: Dana Gardner, Pat Romanski, Elizabeth White, David H Deans, Carmen Gonzalez

Blog Feed Post

British Energy switches to e-Invoicing with OB10

British Energy joins the world’s largest e-Invoicing network

London 28. August 2009 – British Energy, part of EDF Energy, the UK’s largest electricity generator, has today announced its decision to implement electronic invoicing with OB10, the world's leading e-Invoicing network.  

British Energy selected OB10 after identifying an immediate opportunity to improve the efficiency and accuracy of the payment process.  The company already has good terms with its suppliers, but wished to improve the efficiency and cycle time of the process.

OB10 was selected due to the fact that the solution British Energy needed had to be flexible and have the potential, in the long term, to accommodate all of their suppliers.   British Energy had evaluated EDI previously and understood that it is limited to suppliers that send very high volumes of invoices.  It was therefore too costly for the number of suppliers that would be able to use it.  As OB10 manages supplier enrolment and the OB10 solution enables organisations of all sizes to send invoices electronically, this was the ideal solution for British Energy.

Robert Gilhooly, business services manager (finance), British Energy said:
“We were looking to make our accounts payable department more efficient and improve invoice processing accuracy and efficiency. We were aware of OB10’s reputation and track record of supplier enrolment and feel that we will be able to achieve our objective of having a more efficient team.  This in turn will allow us to bring additional services into our Shared Services group, without having to grow the size of the operation in the short term.”

Gilhooly added:
“We are already on very good terms with our suppliers, however e-Invoicing will allow us to pay our suppliers across the country more efficiently and therefore further strengthen our ties with them.  Joining the OB10 network offers us a flexible solution which supports our suppliers, enabling suppliers of any size to benefit from e-Invoicing.  OB10 has a significant presence among our current supplier base and this was also a key factor in their selection. Using e-Invoicing will allow our Shared Service function as a whole to manage more work and add more value across the organisation.”

Jamie Gunn, CEO of OB10, said:
“We’re thrilled that another blue-chip company such as British Energy has joined the OB10 e-Invoicing network.  We believe that the level of support we offer to both our customers and their suppliers is unrivalled in this industry.  The speed at which OB10 can deliver an e-Invoicing programme, which also ticks all the legal and compliance boxes, makes us an ideal partner for a forward thinking organisation like British Energy.”


About OB10
OB10 (www.OB10.com) is the leading global B2B e-Invoicing network.  OB10 simplifies and streamlines the complex invoice-to-pay processes. Neither client organisations nor their suppliers are required to implement any hardware or software, and OB10 is independent of data file formats.  OB10 can reduce the cost of paper invoice processing by typically 60 percent and can deliver an ROI in less than a year if the programme follows OB10’s best practice guidelines. Operational across Europe, North America and Asia, OB10 is compliant with the requirements of VAT, tax and e-Invoicing legislation and receives invoices from suppliers in over 100 countries.  To ensure unrivalled and rapid supplier enrolment, each new customer’s suppliers are supported by an implementation services team responsible for getting them up and running on the OB10 network.  

Customers include:  Agilent Technologies, BP, Barclays, Cargill, DHL, DSG International, Eli Lilly & Company, Fisher Scientific, General Motors, GlaxoSmithKline, Hewlett Packard, IBM, Kellogg’s, Logica, Lufthansa, Mohawk Industries, Norwich Union, SaraLee, Shaw Industries, Steria and VWR.

Company contact
Clare Briggs, Marketing Manager, OB10
tel: +44 (0) 20 7632 0913
email: [email protected]
website: www.OB10.com

Press contact
Nick Bolshaw
Rostrum Communications
tel: +44(0)207 392 2632
email:  [email protected]

OB10 and the OB10 logo are trade marks of OB10 Limited and are protected by law

About EDF Energy
The combination of EDF Energy and British Energy forms one of the UK’s largest energy companies. The combined business is the UK’s largest producer of electricity. With a current installed capacity of around 16.5GW, we produce almost one-quarter of the nation's electricity from our nuclear, coal and gas power stations, as well as combined heat and power plants and wind farms.

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

IoT & Smart Cities Stories
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (November 12-13, 2018, New York City) today announced the outline and schedule of the track. "The track has been designed in experience/degree order," said Schmarzo. "So, that folks who attend the entire track can leave the conference with some of the skills necessary to get their work done when they get back to their offices. It actually ties back to some work that I'm doing at the University of San...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
Chris Matthieu is the President & CEO of Computes, inc. He brings 30 years of experience in development and launches of disruptive technologies to create new market opportunities as well as enhance enterprise product portfolios with emerging technologies. His most recent venture was Octoblu, a cross-protocol Internet of Things (IoT) mesh network platform, acquired by Citrix. Prior to co-founding Octoblu, Chris was founder of Nodester, an open-source Node.JS PaaS which was acquired by AppFog and ...
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...