Connect with us

TECHNOLOGY

Basware’s e-invoicing to eliminate inefficiencies in Health Department

Basware’s e-invoicing to eliminate inefficiencies in Health Department

As a part of the drive towards electronic invoicing, the Department of Health aims to use PEPPOL to eliminate inefficiencies in its procurement processes. Across all suppliers, this could save between £0.48 and £5.40 per transaction each year, and reduce the 150 different formats of purchase order numbers it accepts at present.

Basware, the global leader in purchase-to-pay solutions, e-invoicing and innovative financing services, has been awarded a place on the Crown Commercial Service’s (CCS) Framework RM3784 PEPPOL Access Point Services, a standardised protocol that allows for the electronic exchange of procurement documents between public sector organisations and their suppliers across Europe. Working with Basware to implement PEPPOL will allow public sector organisations to streamline their procurement processes whilst saving money in the mid-term. For the supplier it will lower their costs and create a level playing field for the SME, as informed by Basware.

Commenting on the announcement, Stephen Carter, Regional Network Business Area Director at Basware, said: “We are very excited to be added to the CCS PEPPOL framework agreement and support the government in achieving greater efficiencies in the NHS and other crucial public services.”

With pan-European roots, Basware has supported PEPPOL since its launch and already facilitates millions of such transactions on its Basware Network each day. Organisations with PEPPOL-enabled commerce systems can benefit regardless of whether their trading partner uses the system or not, as it can standardise any inbound PDF or paper invoices. With the PEPPOL adoption drive, public sector organisations will have access to more suppliers and transactions will take much less time, which will result in significant cost savings.

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.

Recent Posts