The seller of the goods issues the commercial invoice to the buyer. You will find an explanation of each of them below. The flexibility of Basware’s technology and its ability to adapt to local variations of ABB’s standard accounts payable process, enabled ABB to implement the solution in 18 countries – including Switzerland, Russia, China and Japan.There are five documents that the customs authorities are most likely to request. Basware also configured the system to interface with the company’s SAP systems. HOW BASWARE AND ABB DESIGNED A NEW AP AUTOMATION SOLUTIONĪBB conducted a thorough evaluation of automated invoice processing solutions, and with input from several ABB locations worldwide, selected Basware AP Automation as the preferred solution.īasware and ABB designed the system architecture based on ABB’s processes and requirements, with input from Basware regarding best practices. The solution needed to integrate with ABB’s multiple ERPs and needed to function in multiple languages and currencies.
Typically, invoices were manually entered into the purchase invoice ledger, forwarded to recipient for approval to then be sent to Accounts Payable department in the internal mail, processed, verified, and manually booked and archived.ĪBB needed a solution that could not only digitize invoicing handling but also execute on a global scale. ABB invoice handling process was paper based with a significant number of manual processes. With a vision to standardize processes and improve efficiencies, the company decided to establish country-based Shared Accounting Service Centers (SAS Centers), governed by the Shared Accounting Services Lead Center (SAS LC).Īlongside establishing new operational structure ABB wanted to increase the levels of automation across their AP function.ĪBB invoice handling process was paper based with a significant number of manual processes.
Klaus Martin, Accounts Payable Manager, ABB Additionally, the solution’s multilanguage and multicurrency capabilities, along with Basware’s global operations, were essential to support our global organization. We were particularly impressed with Basware’s ability to connect to multiple ERPs. Trying to keep track of all these invoices and manage accounts payable (AP) processes was a very labor intensive and time-consuming process. With millions of invoices received annually in countries around the globe, ABB company turned to Basware to increase efficiency, achieve spend visibility and standardize the invoice handling process.Īs the global leader in power and automation technologies for utilities and industry, ABB receives and processes millions of invoices each year in countries all around the world.
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