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Centrica turns on e-Invoicing with OB10 to provide efficiency and cost savings on a global scale

London, 14th June 2011 - OB10, the leading global e-Invoicing network, today announced that Centrica, the international integrated energy company and one of the UK's largest gas and electricity providers, will be adopting OB10's e-Invoicing solution, joining other leading utilities providers including Severn Trent and Scottish Water.

OB10's end-to-end e-Invoicing solution will aim to streamline Centrica's accounts payable function; by automating the ability to accept supplier invoices in a wide variety of international invoice data formats. Adopting this approach may help Centrica to maintain its position as a leading supporter of the Prompt Payment Code.

"We are delighted that Centrica has made the decision to join our e-Invoicing network", said Luke McKeever, CEO of OB10. "Our continued growth in the provision of e-Invoicing services to utilities companies has seen a dramatic increase in the number of associated suppliers who are using our platform to send invoices to their customers in this sector."

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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 organizations nor their suppliers are required to implement any hardware of 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 across 137 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, Amgen, Aviva, Barclays, BP, British Energy, Cargill, Computacenter, Deutsche Lufthansa AG, DHL, Dr. Pepper, DSG International, EDF, Eli Lilly & Company, Fisher Scientific, General Motors, GlaxoSmithKline, Hewlett Packard, IBM, Imperial College, Kellogg's, Kraft, Logica, Mohawk Industries, Motorola, Pfizer, SaraLee, Schneider Electric, Severn Trent Water, Shaw Industries, Steria, Tesco, Unilever, US Federal Government, Whirlpool and Xerox.

Company Contact:
Andrew Hamilton, Head of Marketing, EU, OB10
tel: +44(0)20 7632 5883
email: [email protected]
Website: www.OB10.com

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

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