SUNNYVALE, Calif.--(BUSINESS WIRE)--Ariba, Inc. (Nasdaq: ARBA), the world’s business commerce network, today announced that Simply Market, the French brand group of Auchan supermarket stores, will leverage cloud-based solutions from b-process, an Ariba company, to streamline its eInvoicing process.
“The benefits of eInvoicing are widely acknowledged within Groupe Auchan and the retail industry,” said Philippe Le Goff, Directeur des Services Comptable et Financier at Simply Market. “Using b-process’ solution will significantly enhance the exchanges of invoices between our suppliers and our salespoints, and the productivity gains we expect to generate will create substantial value for both our suppliers and ourselves.”
Ariba’s b-process delivers a flexible set of cloud-based solutions for e-Invoicing that are used by companies across industries, including: EADS, Eurocopter, Gefco, IATA, Marmara, Saint-Gobain and Vinci Energie. The solutions accept invoices in any type of structured format files, including positional, EDI, XML and PDF, allowing buyers and suppliers to quickly and easily connect to Ariba’s b-process network and begin processing invoices immediately, regardless of the AP, ERP, or other back office systems they are using.
Using the offerings, Simply Market aims to automate the exchange of more than 1 million invoices for inbound merchandise sent by more than 3,000 suppliers to Simply Markets warehouses and 269 salespoints.
“Our goal is to convert 50 percent of these invoices into electronic format within six months and reach 85 percent within 18 months,” Le Goff said.
With nearly one third of its suppliers already using billManager, b-process’ platform, to exchange data with Auchan or other retail companies, Le Goff believes these objectives should be easy to achieve.
“When it comes to improving the efficiency of the invoice process, French retailers are leading the way,” said Alexis Renard, PDG de b-process et Vice-Président d’Ariba. “By implementing Ariba’s b-process solutions, Simply Market can reduce the paper, time and costs associated with manual invoicing and deliver efficiencies and savings that improve its operations and competitive advantage.”
b-process, an Ariba company, is a leading electronic invoicing service provider, which offers tax compliant e-invoicing and financial supply chain services in 24 countries. It provides suppliers and buyers with an end-to-end e-invoicing data automation process, allowing the removal of all paper-related inefficiencies (printing, stamping, re-typing, validating archiving) and environmental costs for both AR and AP departments. Business partners instantly retrieve and collaborate over the invoices and their status, improving their cash-flow management thanks to early payment functionalities. To learn more, visit: www.b-process.com
About Ariba, Inc.
Ariba, Inc. is the world’s business commerce network. Ariba combines industry-leading cloud-based applications with the world's largest web-based trading community to help companies discover and collaborate with a global network of partners. Using the Ariba® Network, businesses of all sizes can connect to their trading partners anywhere, at any time from any application or device to buy, sell and manage their cash more efficiently and effectively than ever before. Companies around the world use the Ariba Network to simplify inter-enterprise commerce and enhance the results that they deliver. Join them at: www.ariba.com
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