Moving to e-invoicing will help Thurrock Council make a “significant contribution” to target procurement savings of nearly £1m this year.
The electronic system will generate purchase orders and invoices together online – saving time and minimising risk of invoices being lost or keystroke errors hampering payment.
Kathryn Adedeji, head of commercial services, said: “All those relatively small payments represented less than 5 per cent of the council’s spending with suppliers but the smallest invoice required as much processing time as one for a million-pound project.”
So far 50 suppliers have signed up to the system. Using it has been a requirement for all new contracts since April, and it is expected that “within two to three years around 60 per cent of invoices will be paperless”.
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