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OB10 sees 40% rise in Q1 2009 sales across Europe, US and Asia Pacific

Friday 18 September 2009 10:32 CET | News

UK-based e-invoicing network operator OB10 has seen its Q1 2009 sales across Europe, US and Asia Pacific increase by 40 percent compared to the same interval in 2008.

In a statement, OB10 reports achieving high levels of new businesses acquisition in France and Italy. The company has also closed another Rights Issue, in which it has raised around USD 5 million in capital, which it will employ to support its continued expansion both geographically and in terms of its service offerings.

OB10 operates a global B2B e-invoicing network which allows companies to manage their invoice-to-pay processes. Operational across Europe, North America and Asia, OB10 is compliant with the requirements of VAT, tax and e-Invoicing legislation and receives invoices from suppliers in over 100 countries.


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Keywords: OB10, sales growth, electronic invoicing, e-invoicing network, purchase to pay
Categories: Banking & Fintech
Companies:
Countries: World
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Banking & Fintech






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