"Engaging with OB10 to submit our invoices electronically was straightforward and easy. OB10 is a secure &
efficient way of getting IBM's invoices into Barclays' approval & supplier payment process." Nigel Reichelt, CF
Applications & Systems Manager, IBM
|
|
Introduction |
|
In order to help us achieve our aim of making on time payments to all our suppliers, and to help us achieve a world class purchasing organisation, Barclays has launched a number of changes to its purchase to pay process. One of these changes has been to move all our invoicing over to our global electronic invoice delivery partner OB10. Barclays and OB10 have been working together since 2005 and many Barclays suppliers are already sending invoices in this way, therefore taking advantage of the many benefits electronic invoicing brings. Here are just a few:
With no hardware or software to install subscribing to the network is simple and you can be sending invoices electronically in as little as 48 hours from sign-up. Crucially, the OB10 network satisfies the demands of VAT/TAX administrations across Europe, North America & Asia-Pacific where local authorities have accepted the removal of the paper invoice for companies using the OB10 service. |
|
Barclays suppliers on the OB10 network |
|
Invoicing has always been a labour intensive process for both our suppliers and Barclays. Moving to OB10 will lead to an improvement in payment times as invoices are registered in our Accounts Payable system without delay, bypassing common problems that hold up payment, such as lost or misplaced invoices. Using the network will also allow us to contact you quickly in the event of any queries, meaning corrections can take place and can be approved before the due date.
"The key to this was getting all the parties gathered at the kick off meeting where the goals and objectives were articulated and of course the benefits to both the Supplier and Barclays. As a result the implementation has been really slick and simple, even for a supplier like IBM that has differing Billing complexity in the diversity of services and goods in provides to Barclays." Stan Hirst, Supplier Relationship Manager, Barclays Sourcing |
|
Service Options |
|
There are two primary methods for sending Invoice and Credit transactions via OB10. A supplier can either send a data file directly to OB10 (“Integrated Solution” Service) or create invoices on-line using the “Web Form” tool. Please click on the “OB10 Options Document” link for more information.
|
|
Deadline |
|
Given the benefit to both supplier and customer, eInvoicing via OB10 will be the default invoicing route and the handling of paper invoices will be phased out. Many of Barclays suppliers are now transacting through OB10. We would therefore encourage you to complete your registration as soon as possible.
|
|
Signing Up To OB10 |
|
If you would like to discuss all options further, or register for the “Integrated Solution” www.ob10.com/Integrated_Solution – please contact OB10 Supplier Enrolment Directly (contact details below) If you would like to register for the OB10 Web Form service – please visit www.ob10.com/WebForm to register online (If you are asked to enter our your customers number, please select the appropriate OB10 number from the “List of Barclays Entities using OB10” link |
|
Contacts ~ All suppliers |
|
OB10 Supplier Enrolment (email)
|
|
OB10 Supplier Enrolment (telephone)
|
+44(0) 870 165 7420
|
OB10 Support – for existing OB10 suppliers only (www.ob10.com/support) |
+44(0) 870 165 7430
|
For more information about OB10 |
|
Please visit the OB10 website
|
 |
 |
 |
 |
 |
 |
Countries