EADS has chosen b-process, the European e-invoicing leader, to drive its worldwide tax-compliant e-invoicing project. It covers all incoming invoices, approximately 2.3 million documents a year sent by 40,000 suppliers.
EADS Finance and Accounting Service (FAS) has decided to implement a tax-compliant dematerialisation of all its invoices. Each year EADS receives each year 1.5 million paper invoices (a large part of which are scanned and subject to OCR for data entry), plus 0.8 million invoices received in electronic format but with varying extent of tax-compliance.
EADS FAS's main objective is to make significant savings by streamlining the management of the invoice flow with the long term objective of suppressing paper invoice flows as far as possible.
EADS FAS serves the headquarters and the four divisions of EADS: Airbus, Eurocopter, Astrium and Cassidian. The size of the EADS organization, combined with the multiplicity of its IT systems and the distribution of its suppliers across more than 100 countries, makes this project exceptionally complex.
EADS FAS has entrusted b-process with the realization of this large-scale endeavour. b-process can in fact claim an already confirmed international experience: its billManager™ platform is tax-certified in 20 countries on four continents; it processes documents everyday, both from and to multi-national, multi-activity and multi-site customers such as EADS, as confirmed by CEO Alexis Renard.
"b-process has implemented many international e-invoicing programs over the years; our methodology and expertise are a guarantee of our success on large projects such as EADS's," says Alexis.
As head of accounts payable at EADS, Robert McCartney, says b-process's trade experience (including the ongoing project with Eurocopter) made the difference, among other decision criteria.
"We especially appreciate that b-process is well experienced in the aerospace and defense industry: they already count several of our major suppliers among their customers. They can therefore demonstrate an increased ability to deploy their e-invoicing solution with our suppliers because many of them are already familiar with it," he says.
EADS and b-process are currently completing the IT developments required to launch their e-invoicing solution. It should be fully operational by the end of Q2 2011.
