Electronic Invoicing Programme

BT is looking at further improvements to its current supplier payment process as part of an ongoing improvement programme. Paper invoicing has always been a laborious and cost intensive process for our suppliers, for BT’s Finance & Accounting supplier in the UK (Steria), and for BT. In order to increase efficiency in the invoicing process, BT in conjunction with Steria AP for UK has introduced a range of Zero-Touch payment solutions. These include OB10 Ltd. electronic Invoice delivery solution, American Express vPayment solution, Oracle iSupplier electronic invoicing and Business TO Business gateway for selected suppliers. BT and Steria will identify and select suppliers appropriately. The objective is to move a majority of paper invoices in the UK over to Zero-touch solutions in the coming months.
   
 
BT believes that the move to Zero-Touch payment solutions will lead to substantial end to end process improvements, and this includes improvements for you as a supplier to BT. Invoices will be received in the BT accounts payable system when you send them electronically therefore bypassing common problems that hold up payment such as lost, misplaced, incomplete or non-compliant invoices.

BT and Steria will be contacting suppliers over the coming months to encourage use of the Zero-Touch payment solutions.

Further information on OB10 can be found on line at www.ob10.com/bt or additionally contact BT Procurement manager.