Capgemini has announced that the 500th supplier has signed up to the MODs Purchase to Payment (P2P) Solution, an e-Business portal hosted on the Defence Electronic Commerce Service (DECS), a managed service from Capgemini providing a single trading portal between the MOD and industry.
Supported by Capgemini and operational since 2002, the P2P e-Business portal is a secure and streamlined way for the MOD to buy goods and services from industry and enables suppliers to trade and receive payment more quickly and efficiently than ever before.
Eddie Stobart Ltd, Britains largest independent haulage business, is the 500th company to trade on P2P. To date, more than 50,000 purchase order lines with a value in excess of 700m have been processed via P2P, and more than 21,000 invoices worth a total of 556m have been paid using the service.
Key features of P2P include electronic ordering, receipting and invoicing, with an automated three-way matching capability that contributes to a significant improvement in information management and quicker payment cycles.
Through adopting industry standard procurement processes, the MoD have redefined their procurement strategy and reduced administration with process improvements and centralised buying.
Tony Rossi, Director Procurement Enabling Group, Defence Logistics Organisation, MoD said; The P2P system enables the automation or our procurement processes allowing us to trade more efficiently with our suppliers and pay them faster.
Suppliers have praised the service for its improved speed of payment and reduced administration.
Ben Whawell, Corporate Development Manager, Eddie Stobart Limited said: We signed up to the system because it enables us to streamline our ordering processes, eliminate the associated administration costs and improve our payment cycle. Overall it has strengthened our working relationship with the MOD.
P2P utilises the Oracle eBusiness suite and is hosted on the Defence Electronic Commerce Service (DECS). Suppliers can connect by using Exostar, Purchasing Portal, EDI or the RLI, which is the MoD/Supplier intranet.
Steve Crooks, Executive Consultant at Capgemini and Supplier Adoption Programme Manager working with the MOD said: It has been an exciting journey from the initial go-live in August 2002, to today, where we have the 500th supplier live. This is a testament to the joint teams that have driven this programme forward to the successful position that we are in today.
Further supplier endorsements include:
Weve found the major benefits to be the simplicity of the electronic system and speed of payment. The whole purchase to payment process can now be completed by one individual, saving both time and resource. Dennis Batt, Commercial Manager, Cranfield Aerospace
Using P2P has made my job easier, payments are made before time and are easy to monitor. I can now work remotely and it has cut down on paperwork and archiving. DECS P2P User, Rolls Royce Naval Marine
Add a Comment
No messages on this article yet