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MP Moran has increased efficiencies and strengthened supplier relationships through the adoption of Open ECX's automated Invoicing solution.

The Business:
MP Moran

MP Moran is a family run business supplying Building and Plumbing products.  Developing their business for the future is vitally important, as wanting to maintain and grow a strong market presence, by making sure that they continue to offer our customers what they need through a diverse product range and being able to buy both in store and online.

They stock products from more than 2,000 suppliers across its seven branches in the UK and Ireland, implemented the payments processing tool after growing tired of manually processing mountains of paperwork.

The Requirements:
Invoicing 

Working with leading payments software experts Open ECX, an e-invoicing system that automatically converts and validates PDF invoices received from suppliers and seamlessly integrates into MP Moran’s Bistrack Accounts system, was implemented in December 2016 – at which time just 15 per cent of its suppliers were using EDI (Electronic Data Interchange) to submit invoices.

Adoption of the new e-invoicing system by MP Moran’s suppliers has been rapid. By March, 60 per cent of all supplier invoices were imported through EDI. The company hopes to reach an 80 per cent e-invoice rate in the near future.

 

Open ECX's invoicing solution has helped us move into the 21st century and increase our green credentials through the reduction in our use of paper, toner and posting. The time-saving element has been greatly appreciated by our purchase ledger team. For them, the job is less stressful and they now have more time to perform more valuable tasks now that they don’t have mountains of paperwork to go through and post manually.
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