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Self Bill Invoicing, or ERS, is not a new concept. But very few organisations have mastered it as much as Ford. Talk to many P2P organisations and they may be considering ERS for a slither of suppliers. But talk to Ford and they will tell you that over 90% of production transactions, (60% of their 500,000 European invoices), are self billed to 8,700 suppliers. The benefits are significant - the receipt note corresponds with an impeccably kept pricing table, triggering an accurate self bill. Exceptions are at a minimum, and when they do exist, it’s the responsibility of the Supplier to fix. But there are significant considerations to take into account, especially around supply chain knowledge and source of goods so relevant tax amounts are quoted. In this session Jo Fitzpatrick will be talking about how ERS on this scale was made possible, the critical success factors, the key considerations, and whether ERS is the best solution for non production invoices.
Joe Fitzpatrick
Manager Transactional Accounting
THE FORD MOTOR COMPANY
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Webinar: The ‘Must’ to Attaining Touchless P2P
26th November 2008
Toning Up Purchase to Pay To Attain Touchless Processing
10th - 12th December, Paris
Finance Shared Services for the Public Sector
21st - 23rd January 2009, London
Register online for our next event:
Toning Up Purchase to Pay To Attain Touchless Processing
10th - 12th December, Paris