Imperial College, OB10 renew contract for e-invoicing services

Friday 20 September 2013 14:14 CET | News

Imperial College London, a public research university, has renewed its contract with UK-based global B2B e-invoicing network operator OB10. The contract was extended for a period of three years.

Imperial College has already converted 70 percent of its invoices to electronic with OB10 and has a 95 percent processing rate, where invoices enter its financial system without manual intervention. To enable the achievement of 100 percent e-invoicing, suppliers can turn purchase orders into invoices through OB10s PO Convert service.

In recent news, Tungsten Corporation has unveiled the conditional acquisition of OB10 for GBP 99 million and that it has signed a five year rolling licence agreement with @UK PLC to deploy its analytic software technology to enable TungstenAnalytics to be delivered across Tungsten’s global e-invoicing network following the acquisition of OB10.

For more information about OB10, please check out a detailed profile of this company in our dedicated, industry-specific online companies database.

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Keywords: Imperial College, OB10, e-invoicing services
Categories: Banking & Fintech
Countries: World
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Banking & Fintech

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