Click here to close now.


News Feed Item

Buzón E Becomes OB10 e-Invoicing Reseller and Signs First Mexican Buyer Customer

LONDON and MEXICO CITY, February 24, 2014 /PRNewswire/ --

Mexican shipping firm Estafeta joins the global e-Invoicing network

OB10, the global e-Invoicing network that is part of Tungsten Corporation plc (LSE:TUNG), and Buzón E, a Mexican government-accredited e-Invoicing service  provider, have extended their partnership through a reseller agreement that allows Buzón E to take OB10's straight-through-processing 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. Due to 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."

By adopting e-Invoicing through Buzón E and OB10, Estafeta is setting a new standard for Mexican multinationals. "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 at Estafeta. "We are proud to be the first Mexican buyer organisation on the OB10 network."

The enhanced partnership between OB10 and Buzón E demonstrates the combined level of commitment to improving purchase-to-pay operations in the region. "Governments around the world look to Mexico as an example of the real impact e-Invoicing can have on their economies," said Edmund Truell, Group CEO at Tungsten. "By working with Buzón E and Estafeta, we will show how both businesses and tax administrations can dramatically reduce cost and increase value through straight-through invoice processing."

About OB10

OB10 is the global e-Invoicing network at the core of Tungsten Corporation plc that simplifies and streamlines the complex invoice-to-pay process to enable prompt payment.

Compliant in 43 countries across Europe, the Americas and Asia, OB10 can reduce invoice-processing costs by 60% and deliver an ROI in less than a year.  

Working with 53% of the Fortune 500, Tungsten Corporation's OB10 network connects some of the world's largest companies and government agencies to their thousands of suppliers around the globe. It processes transactions worth over $180 billion per year for organizations such as Aviva, Cargill, Deutsche Lufthansa, General Motors, GlaxoSmithKline, IBM, Kellogg's, US Federal Government, Tesco and Whirlpool.

Tungsten Corporation offers supply chain financing to suppliers on the OB10 network and will help organizations profit by applying innovative spend analytics to its vast repository of invoice data.

About Buzón E

Buzón E is a government-authorized certification provider and pioneer of electronic invoicing in Mexico. Through its innovative technology platform, Buzón E provides a high-security, large-volume environment to generate, distribute and manage personalized compliant fiscal invoices, and other documents like payroll receipts and tax-retention formats, helping its customers to move to a paperless world with significant reductions in operational expenses.

Buzón E is part of Estafeta, the leading express and logistics service provider in Mexico.,, [email protected]

Sandra Higgison, Head of Global Communications, +44(0)20-7406-5772, [email protected]

SOURCE OB10 and Buzón E

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this transformation, companies must be able to innovate at an increasingly rapid pace. Traditional approaches for driving innovation are now woefully inadequate for keeping up with the breadth of disruption and change facin...
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, explored the IoT cloud-based platform technologies driving t...
I recently attended and was a speaker at the 4th International Internet of @ThingsExpo at the Santa Clara Convention Center. I also had the opportunity to attend this event last year and I wrote a blog from that show talking about how the “Enterprise Impact of IoT” was a key theme of last year’s show. I was curious to see if the same theme would still resonate 365 days later and what, if any, changes I would see in the content presented.
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Culture is the most important ingredient of DevOps. The challenge for most organizations is defining and communicating a vision of beneficial DevOps culture for their organizations, and then facilitating the changes needed to achieve that. Often this comes down to an ability to provide true leadership. As a CIO, are your direct reports IT managers or are they IT leaders? The hard truth is that many IT managers have risen through the ranks based on their technical skills, not their leadership ab...
As organizations shift towards IT-as-a-service models, the need for managing & protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection & E-Discovery of your data - whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise.
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at, explored the value of Kibana 4 for log analysis and provided a hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He examined three use cases: IT operations, business intelligence, and security and compliance. Asaf Yigal is co-founder and VP of Product at log analytics software company In the past, he was co-founder of social-trading platform Currensee, which...
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Su...
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
In recent years, at least 40% of companies using cloud applications have experienced data loss. One of the best prevention against cloud data loss is backing up your cloud data. In his General Session at 17th Cloud Expo, Sam McIntyre, Partner Enablement Specialist at eFolder, presented how organizations can use eFolder Cloudfinder to automate backups of cloud application data. He also demonstrated how easy it is to search and restore cloud application data using Cloudfinder.