Schneider Electric: thanks to electronic invoicing, we have got rid of work with paper invoices
Significant savings and effectiveness
95% of customers in e- invoicing
Original state and problem
The company used the original paper form of invoicing until the middle of 2010. The overall process of issuing and sending paper invoices meant for the company 4 hours of unproductive administration per day for 20 days in each month.
Invoicing was not only laborious but also expensive. Schneider Electric estimated the total average cost of issuing and sending one paper invoice at CZK 27. The archiving of paper invoices in an archiving room with an area of 20 square meters was also a problem. Physical retrieval of the required invoice in the archive often took considerable effort and time.
How it all went
The original situation led Scheider Electric to introduce electronic invoicing, for which it chose GRiT as its supplier, which has long provided reliable EDI communication services to Schneider Electric. Extending electronic invoicing to customers who do not use EDI was another logical step.
The ORiON solution enables the sending of invoices in electronic form and ensures the direct exchange of electronic invoices with the company's economic system.
Several changes have been made
GRiT's electronic invoicing as a service (SaaS) solution has brought Schneider Electric significant savings and streamlining administration in a short period of time.
Within 2 months, 95% of customers managed to participate in electronic invoicing. Every month, Schneider Electric sends them more than 4,000 electronic invoices.
download full case studyElectronic invoicing not only means significant savings on invoicing and postage, but also means huge labor savings, less archiving worries and easier document retrieval. Thanks to electronic invoicing, we achieve savings of almost 10 man-days per month in the work associated with issuing paper invoices. The reactions of our customers are also very positive.
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