Tuesday, 23 November 2010

NMBS's Success in Electronic trade with Merchants and Suppliers


NMBS have been encouraging their suppliers to send electronic invoices/credits in standard tradacoms or Basda XML format or by inputting their invoices/credits on an online Web Form.
NMBS hit an all time high in August 2010, by receiving 90%+ in volume of electronic invoices/credits, which relates to 97% value of turnover.  NMBS have set new targets and are looking to reach a volume of 92% in the next few months.
Electronic trading increases the overall efficiency of your business.  The true benefits of electronic trading reveal themselves through increased productivity, reduced errors caused by the re-keying of information, and considerable cost savings.
With NMBS receiving 90% of their invoices/credits electronically, we developed a Document Retrieval Service for our members.  This has been really successful with over 400 members downloading their invoices/credits.
NMBS feel that the Document Retrieval Service is a more secure way of getting invoices/credits to their members. The member would receive a daily email with a link to their retrieval screen, click a button and download/print their invoices/credits.
If you would like to know more about sending your invoices/credits to NMBS electronically, or receiving your invoices/credits by downloading them from the Retrieval Service, please contact Sue Oliff on 0116 2614907 or email sue.oliff@nmbs.co.uk

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