British Energy rolls out electronic invoicing

British Energy now moved on to electronic invoicing

British Energy has rolled out an electronic invoicing system to better manage activities in its accounts payable department.

The implementation follows a previous attempt with an electronic data interchange (EDI) system, which proved limited to a few suppliers sending high volumes of invoices and was therefore too costly.

With the new system, the firm is able to manage payment cycles of suppliers of any size to send invoices electronically and make processes more efficient.

“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,” said British Energy’s business services manager for finance, Robert Gilhooly.

“Using e-invoicing will allow our shared service function as a whole to manage more work and add more value across the organisation,” said Gilhooly.

The system was supplied by OB10.