B2B Payments

NHS Shared Business Services Makes E-Invoicing Push

NHS Shared Business Services (NHS SBS) announced this week that it has partnered with the Tradeshift e-invoicing platform to eliminate its reliance on paper invoices and to improve the payment process for health care organizations and their suppliers.

According to a Government Computing article, NHS wants to be completely paperless by 2018, and has said that it will work to ensure that its suppliers presently working with hospitals, surgeries and GPs will use Tradeshift to submit and track their invoices online.

NHS SBS director of finance and accounting Simon Murphy explained to the news source that the use of e-invoicing across the NHS at present was very rare, which he attributes to the company being large and having a complex payments validation process.

Murphy added that under NHS’ current system, 15 validation checks have to be performed on any supplier payment. Should any information may be incorrect, paper correspondence that notifies the supplier of any mistakes is then sent, with payment delayed until the correct information is supplied.

“Implementing e-invoicing is an incredibly important step for us in simplifying and modernizing supplier interactions on behalf of our clients, by allowing our organization and our suppliers to focus on value-adding activities,” Murphy said.

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