E-invoicing partners integrate SAP, Oracle workflow
By Manufacturing Business Technology Staff -- Manufacturing Business Technology, 3/21/2008 9:47:00 AM
Electronic-invoicing specialist OB10 says a new partnership allows users of ReadSoft’s SAP and Oracle-based capture and workflow products to easily receive e-invoices; supporting a best-practices approach within the invoice receipt, entry, and workflow handling process.
OB10's Any-to-Any Data Formatting enables a company’s suppliers to submit invoices in any electronic format. The OB10 network performs the data mapping to deliver the e-invoice in the standard format used by the company's accounting system.
ReadSoft offers solutions for document process automation, including processes such as data entry, information verification, document workflow, and e-invoicing. Its solutions seek to strengthen the four pillars of accounts payable optimization: efficiency, cycle time, control, and visibility.
Solving the paper invoice problem allows accounts payable organizations to focus on processing, approval, and payment of invoices through ReadSoft’s SAP and Oracle product suite. A single point of entry for invoice data significantly streamlines the approval and payment cycles.
Says Peter Watson, an OB10 senior VP, “As we deliver increasing e-invoice volumes to customers through the OB10 network, our partnership with ReadSoft allows a comprehensive, end-to-end solution that is 100 percent paperless.”
