Irish Dairy Board Realises Cost Savings on Cross Border Invoicing With Sterling e-Invoicing
By Sterling Commerce, PRNETuesday, June 29, 2010
LONDON, June 30, 2010 - Irish Dairy Board (IDB), a major international exporter of
Irish dairy products with an annual turnover of over EUR1.8 billion, has
implemented Sterling e-Invoicing [
www.sterlingcommerce.co.uk/products/business-integration/e-invoicing/]
from Sterling Commerce, an AT&T Inc company, (NYSE:T), to reduce debtor days
and administration costs, and improve order-to-cash processes. IDB has
implemented the solution for over 60 customers to date, and plans to roll out
to the rest of the customer base in the coming months. Once fully
implemented, the system will cover all EU countries and North America.
IDB, an existing user of Sterling Commerce's flagship
enterprise integration platform, Sterling Integrator, chose Sterling
e-Invoicing as an on-premise add-on, making set-up and ROI on the e-invoicing
solution quick and easy. Sterling e-Invoicing handles both PDF signature
authentication and EDI invoice processing, allowing businesses of all sizes
and IT sophistication to trade easily with IDB.
"The scale of the software solution is a match for our large
customer base and multiple day-to-day business processes," says Sean Flynn,
business analyst at IDB. "The feed from the ERP system is totally automatic,
eliminating the need for manual printing of invoices for dispatch to the
customer. The time and cost savings are substantial. We want to make it as
easy as possible for partners and customers to do business with us and the
feedback has already been very positive."
With Sterling e-Invoicing IDB becomes an early adopter of a
comprehensive cross border e-invoicing technology in Ireland: "The solution
was implemented following a full compliance test with independent auditors,"
says Flynn. "It was the first time they had worked on a cross-border
e-invoicing project."
"IDB realises not only the cost-savings but also the
compliance benefits of automation that comes from implementing a cross-border
e-invoicing solution," says Dave Carmichael, senior product marketing manager
at Sterling Commerce. "Businesses that trade internationally must deal with
regional variations in tax and financial regulation and the cost of
non-compliance can be high. IDB is setting an example within the industry
with the ability to archive and re-validate any invoice, at any time, and
easily run summary reports upon request by auditors."
To view a video of IDB's previous work with Sterling Commerce please
visit: download.sterlingcommerce.com/videos/idbshort_/
About Sterling Commerce
Sterling Commerce, an AT&T Inc (NYSE:T) company, helps companies
optimise and transform their Business Collaboration Network [
www.sterlingcommerce.com/about/about-us/business-collaboration-network
/ ] to accelerate revenues and reduce costs. Sterling Commerce provides more
than 18,000 customers worldwide applications [
www.sterlingcommerce.com/Products/sellingfulfillmentsuite/ ] and
integration solutions [
www.sterlingcommerce.com/products/business-integration-suite/] to
connect, communicate and collaborate inside and outside their enterprise.
More information can be found at www.sterlingcommerce.co.uk
(Due to the length of these URLs, it may be necessary to copy and paste
the hyperlinks into your Internet browser's URL address field. Remove the
space if one exists.)
For media enquiries please contact: Francesca Fantoni Sterling Commerce Tel: +39-02-3030221 francesca_fantoni@stercomm.com
For media enquiries please contact: Francesca Fantoni, Sterling Commerce, Tel: +39-02-3030221, francesca_fantoni at stercomm.com
Tags: ireland, June 30, London, Sterling Commerce