Corporates go live with RBS e-invoicing

The article reports that three large companies have signed up to use an e-invoicing service from Royal Bank of Scotland (RBS) which links into their ERP systems. The new service replaces the slow paper invoicing which relied on people and the postal system. According to RBS e-invoicing head Ian Watkinson, the service will help businesses get the most out of their investments in technologies such as ERP software. RBS' technology is provided by Accountis as a white label service. Furthermore, benefits to the customers include getting discounts through paying invoices early, reducing the resources required to process invoices and reducing the amount of paper used.