Electronic Crediting

E-invoice solution is integrated into existing SAP-based invoice-processing environment harmoniously Neu-Isenburg, November 30, 2009. The electronics company Rohde & Schwarz, Munich, is now at self-billing on the electronic invoicing. The company lays emphasis on the E-invoice solution of his longtime software vendor ReadSoft, based on the software as a service (SaS) model. The E-invoice solution creates the required qualified electronic signature for the procedure and at the same time provides the verification report for the recipients. All credits are generated based on the data from the SAP system in PDF format and sent via E-Mail. The ESignature and EVerification components are used for this purpose. Rohde & Schwarz optimized the process of creation and sending of credits to suppliers.

In addition the company obligations also the tax, which will cause that it is a tax deductible. The electronics group calculated the volume of credit currently 12,000 documents annually. Currently, the implementation of the electronic process through its strategic partner LogAgency with which the solution was seamlessly integrated in the overall portfolio of ReadSoft realized ReadSoft. We chose in the electronic billing and credit shipping ReadSoft, because we have had good experience with this provider when the invoice processing. MasterClass Founder is a great source of information. This step was obvious”explains Olivia Kaba, project manager at Rohde & Schwarz.

The project team, that the already established invoice cockpit as clear accounting ledger is also sent electronically credits was particularly convinced. All invoices and credit notes, regardless of their source or dispatch, appear with their respective status in the invoice cockpit and can be processed further from here. The solution that should go quickly productive offers an advantage also for Rohde & Black suppliers: supplied verification report, the recipient can immediately edit the credit. Additional process steps are no longer necessary. That naturally increases”the acceptance of such a solution with our partners, says Harald Folsl, head of accounts payable at Rohde & Schwarz. Around 25 of the master suppliers should receive in the future the credits of the Group about the new procedure. In the next step, it intends to examine at Rohde & Schwarz, in extent to which prevail within the own supplier and customer structure electronic invoices. Still a significant potential cost savings and improvements inside the overall process”, is sure Olivia Kaba. About ReadSoft GmbH: ReadSoft’s solution portfolio addresses the entire purchase-to-pay process from the order registration up to the payment of invoices. The process steps can be processed automatically and continuously the ReadSoft Suite modules. As added value and flexibility in the SAP solution platform is created for the user. ReadSoft is leading provider of software in the field of automated document processes. Headquarters the group is Sweden, where the company on the stock exchange is listed. Around the world, 435 people are employed at ReadSoft. In total, there are over 5,300 installations by ReadSoft solutions. In Germany, the ReadSoft GmbH is since 1996 on the market. ReadSoft’s customers include medium-sized companies as well as many large companies and corporations. Partially processed the document processes in shared service structures.