With the OB10 Express Payments service, once an invoice has been approved, suppliers can choose to receive early payment to their bank accounts within three working days. Suppliers agree to a discount in return for more immediate payments.
The OB10 Express Payments service is supplier led. A company can choose whether or not to take early payment and can choose to apply it to one invoice, all invoices or a selection of transactions.
OB10’s e-invoicing network is operational across Europe, North America and Asia, supports local language requirements and complies with worldwide and regional tax regulations. In recent news, OB10 has entered a deal with Australian building products company CSR to offer electronic invoicing to the latter’s 10,000 suppliers.
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