Irish Dairy Board realises cost savings on cross border invoicing with Sterling e-Invoicing

June 29, 2010 - PRLog -- Irish Dairy Board (IDB), a major international exporter of Irish dairy products with an annual turnover of over €1.8 billion, has implemented Sterling e-Invoicing [http://www.sterlingcommerce.co.uk/products/business-integration/e-invoicing/] from Sterling Commerce, an AT&T Inc company, , 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: http://download.sterlingcommerce.com/videos/idbshort_/

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Sterling Commerce, an AT&T Inc  company, helps companies optimise and transform their Business Collaboration Network to accelerate revenues and reduce costs. Sterling Commerce provides more than 18,000 customers worldwide applications and integration solutions to connect, communicate and collaborate inside and outside their enterprise. More information can be found at www.sterlingcommerce.co.uk.