Tuesday 27 November, 2012

e-invoicing network providers, OB10 have announced a strategic partnership with Infosys BPO. Companies which have already taken advantage of the cost savings usually associated with business process outsourcing are increasingly looking to technology - and automation specifically - to help them deliver the next wave of value.

The collaboration enables Infosys BPO to extend this next wave of business benefits to its global clients. Invoice processing has traditionally been fairly labour-intensive with a large amount of manual input. OB10’s invoice-automation services enable improved productivity, enhanced data quality, payment on time and increased transparency to the purchase-to-pay process.

Anantha Radhakrishnan, Vice President and Unit Head – Global Centers, Business Transformation and Technology Services, Infosys BPO said, “Our partnership with OB10 will help in further transforming clients’ businesses, thus realizing enhanced business value for them. e-Invoicing is a key strategic imperative for clients in the Finance and Accounting space, and this partnership will help deliver higher efficiency and effectiveness to them. This association further validates our position as a trusted transformation partner to our clients.”

The combination of best-in-class skills, technology and methodologies from OB10 and Infosys BPO has already had an impact on two large global corporations that are rolling out e-Invoicing to their supplier ecosystems.

“Automation is the natural next step for organisations that have centralised their finance functions,” said Luke McKeever, CEO at OB10. “By working closely with Infosys BPO, we are making the transition to electronic invoicing seamless to both customers and their suppliers. Once embedded, their relationships can be strengthened even further with easy access to early payment through dynamic discounting and supply chain finance.”