Stena Line Freight receives praise for its e-invoicing   15th October 2007 A ferry company's internet invoicing system has been described as the best of its kind in Europe at the European EXPP Summit in London , a conference on electronic paperless trading. Bruno Koch, Chairman and Founder of the European EXPP Summit and Swiss-based e-Invoicing and e-Billing consultancy Billentis, told delegates that Stena Line Freight's ‘Opt-In' model of electronic invoicing puts them amongst the leaders in Europe. A massive 46 per cent of all Stena Line Freight invoices are now sent electronically via the Internet and the company hopes to increase this figure to 65 per cent by next year. This is huge when compared to Billentis' research which shows that 710 million invoices are sent out electronically in Europe every year, which is only two per cent of the total number of invoices. Stena Line Freight Commercial Manager Frank Nieuwenhuys said. “We have now surpassed all our targets, sending out an incredible 20,000 invoices to our freight customers last month alone,” said Frank. “We are leading the way in our industry and even the most sceptical customers have now been convinced of the benefits of this tremendous tool that simplifies their administration, eliminates errors and saves time and money. “Not only is this a common-sense and important business improvement initiative but it is also a tremendous environmental advance. We are literally saving trees by eliminating the mountains of paper required to send out huge volumes of invoices, statements and envelopes. This is a real step towards the preservation of our natural resources,” he added. Nieuwenhuys explained the reasons for the company's success in this area. “The reason for the success is that our system saves time and money and simplifies the administration of the account for all parties,” he said. “Invoices can be checked on screen and once agreed are uploaded, avoiding manually keying and eliminating errors. Invoice queries can be handled more quickly as well, via email, and hard copies can be printed should these ever be required. “What's more, it's absolutely free,” concluded Frank. “That's what I call true added value – a system designed especially to offer immediate benefits to all our customers at no extra cost".
About Us Privacy Policy Contact Us Copyright © 2007 FSN Publishing Limited. All Rights Reserved. Use of this website signifies your agreement to the Terms of Use.