University Hospitals of Leicester (UHL), one of the largest and busiest teaching trusts in England , has chosen OB10 to provide an electronic invoicing solution that will help the NHS Trust to process 115,000 invoices more efficiently. The e-Invoicing solution provided by OB10 will integrate into the Finance & Procurement systems from the COA (CedarOpenAccounts) Health Business Suite.
University Hospitals of Leicester NHS Trust (UHL) currently employs over 12,000 staff and provides services to nearly a million people across Leicester, Leicestershire, Rutland , and beyond. The Trust, which includes Glenfield Hospital , Leicester General Hospital and Leicester Royal Infirmary, currently processes more than 115,000 invoices per year.
"We consider electronic Invoicing to be a fundamental part of our ongoing Finance and Procurement transformation programme," says Neil Callow, Assistant Director of Finance, UHL. "Not only will e-Invoicing help us to process invoices more efficiently, but it will also provide us with important management information that will help us to better support our front-line staff."
UHL chose OB10 because of its proven track record of encouraging and facilitating supplier enrolment. The e-Invoicing solution will be closely integrated with CedarOpenAccount's COA's eProcurement solution to allow full automation of the purchase to pay process. Also, with supplier enrolment being so important to the success of the programme, the Trust needed to be sure that the solution must work for all size of suppliers, and that it would either be cost neutral or actually represent a savings for suppliers.
UHL also wanted to be sure that its suppliers would not need to implement any additional hardware or software in order to accommodate e-Invoicing. OB10 says that its “any-to-any” data formatting capability allows organisations to submit invoices in any electronic format, from sophisticated ERP systems such as SAP and Oracle or by any other method, including the online Invoice Generator used by SME's. Its ability to translate these invoices and present them to the buyer company in its preferred data format is key to achieving high rates of supplier participation. Suppliers can also count on their customers receiving their invoices faster and accurately which invariably leads to quicker payment.
