London, 15th March 2011 – OB10 today announced that it has signed an agreement with Virgin Atlantic Airways Ltd to streamline the company’s global invoice process management, initially focused on their UK and US operations. This will include OB10’s leading e-Invoicing service in addition to their enhanced services including Purchase Order delivery, Invoice Validation and Invoice Status Check.

Stefan Foryszewski, SVP Business and Product Development, OB10, commented: “We are delighted that Virgin Atlantic has chosen our global e-Invoicing solution. Not only will they benefit from tax compliant invoice receipt, but its suppliers will benefit from our enhanced service offering. This will lead to greater efficiencies in the invoice to pay process as well as providing substantial environmental benefits by removing the need for paper processing.”

Another key feature of the OB10 Service includes OBactive, OB10’s best practice supplier enrolment. With the global scope of Virgin Atlantic, it is vital that suppliers can be enrolled and supported in their local language. OB10 boasts a strong multinational team which communicates in their language and understands the way local businesses operate; creating a global, uncomplicated support network.

Andrew Walker, Head of Procurement, Virgin Atlantic, commented: “It is an ongoing objective to make our business leaner, more efficient and environmentally responsible. We use a vast number of different suppliers, large and small, so the ability to deliver and pay invoices quickly and accurately using OB10’s network is invaluable to the invoice to pay process. Furthermore, the vast reduction in paper invoices that this will create is a very positive by-product of adopting OB10’s e-Invoicing solution and a hugely substantial benefit to the environment”.