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Sterling Commerce : http://www.sterlingcommerce.com , an AT&T Inc
(NYSE: T) company, today announced that Irish Dairy Board :
http://www.sterlingcommerce.com/customers/by-industry/ (IDB), a major
international exporter of dairy products with annual revenues of over
EUR 1.8 billion ($2.21 billion), has implemented Sterling e-Invoicing :
http://www.sterlingcommerce.com/products/b2b-integration/e-invoicing/
to reduce the debtor collection period and administration costs and
improve order-to-cash processes. As an early adopter of comprehensive
cross-border e-invoicing technology in Ireland, IDB is leading the way
in enabling the ability to archive and revalidate any invoice, at any
time, and easily run summary reports for compliance purposes upon
request by auditors.
IDB has implemented the solution for more than 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 customers in all
European Union countries and North America. IDB, an existing user of
Sterling Commerce's flagship enterprise integration platform, Sterling
Integrator :
http://www.sterlingcommerce.com/products/b2b-integration/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," said 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."
"IDB realizes not only the cost savings but also the compliance benefits
of automation that comes from implementing a cross-border e-Invoicing
solution," said Ken Ramoutar, vice president, Product and Industry
Marketing, 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."
A video of IDB's previous work with Sterling Commerce can be found at:
http://download.sterlingcommerce.com/videos/idbshort_/ :
http://download.sterlingcommerce.com/videos/idbshort_/
Today, Sterling Commerce also announced the findings of a global survey
that examines how companies manage the complexity of cross-border
invoicing. See related release, "U.S. and European Survey Finds
Companies Risk Fines for Non-compliance with Cross-border Invoicing
Regulation," at
http://www.sterlingcommerce.com/about/news/Storage/20100623+Forrester+einvoicing+survey
:
http://www.sterlingcommerce.com/about/news/Storage/20100623+Forrester+einvoicing+survey
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