NHS Shared Business Services (NHS SBS) has deployed an electronic invoice management system to help handle 30,000 NHS invoices it processes every day.
The NHS has migrated to the Tradeshift platform, which already helps hundreds of thousands of businesses transact, connect and collaborate.
NHS SBS will help transform the NHS supply chain by encouraging NHS suppliers to submit and track their invoices electronically through Tradeshift. This will make payments more efficient, reduce the burden on NHS resources, and help suppliers receive payments more quickly.
NHS SBS provides business support in the areas of finance and accounting, employment services, procurement and primary care services. As the Tradeshift platform processes invoices electronically, the need to manually manage paper documents is completely eradicated, freeing up resources and reducing re-work.
The platform enables invoices to be scanned, verified and tallied against 15 checks, significantly reducing the margin for error. It enables suppliers to connect and interact with clients of NHS SBS throughout the payments process, making it transparent to all parties.
Simon Murphy, NHS SBS director of finance and accounting, said, “Implementing e-invoicing is an incredibly important step for us in simplifying and modernising supplier interactions on behalf of our clients.
"Tradeshift gives us a brilliant platform for better collaboration, and will allow us to scale up and evolve with suppliers, as well as introduce innovative solutions.”
The platform is free to use among suppliers.