More NewsOB10 Extends Partnership with Mexico’s Buzón E

OB10 Extends Partnership with Mexico’s Buzón E

Electronic-invoicing network OB10 has extended its partnership with Buzón E, a Mexican government-accredited e-invoicing service provider, through a reseller agreement that allows Buzón E to take OB10’s straight-through-processing (STP) services to organisations in Mexico.

The collaboration has signed Estafeta, the country’s leading shipping firm and Buzón E parent company, as the first buyer customer to join the network in the region.

E-invoicing is mandated for all Mexican companies
. Following recent legislative changes, organisations can no longer self-generate electronic invoices but must send them through one of 77 authorised service providers, such as Buzón E. By becoming an OB10 reseller, Buzón E is introducing additional value to its fiscally-compliant invoicing services by bringing touchless processing to Mexican companies.

“Electronic invoicing is more than just a regulatory requirement,” said Benito Celorio, managing director at Buzón E. “Through our partnership with OB10, we can enable existing and future customers to eliminate invoice exceptions and manual intervention, and automate the process from invoice to pay.”

“This is our opportunity to drive greater efficiencies into our processes, enhance our payment-on-time targets and improve relations with suppliers,” said Gerardo Pinto, chief financial officer (CFO) at Estafeta. “We are proud to be the first Mexican buyer organisation on the OB10 network.”

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