World News: 07:30 GMT Tuesday 3rd December 2019. [Cegedim SA via Globe Newswire via SPi World News]
Thanks to the solution, EDF expects half its incoming invoices to be digitized by end-2020
EDF has 26,000 regular suppliers and handles 660,000 incoming invoices a year. The group’s Accounting Shared Services Centre (CSP - CC, in French), needed a reliable, time-saving invoice processing solution to optimize its payment terms and reduce its carbon footprint. Recent regulations introduced by the French government also encourage large companies to transition towards digitization.
EDF selected , collaborative solution for the digitization of business, accounting, financial, and communication processes and data flows. This intuitive, multi-channel solution (EDI, data capture, signed PDFs) covers most business requirements and is based on an industry standard.
A year after the project was launched, about fifteen suppliers had an EDI connection and 1,000 were connected to the supplier portal for signed PDFs. The aim is to double the number of connected suppliers by 2020, so that 330,000 incoming invoices are digitized—that’s half of EDF’s annual incoming invoices.
To learn how process digitization solutions for mid-market companies and large groups can meet your specific process management needs, please visit its website, .
Globe Newswire: 07:30 GMT Tuesday 3rd December 2019
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