About Celtrino

Celtrino is a well-established provider of hosted supply chain management and electronic invoicing services to businesses across Europe and the rest of the world from its headquarters in Dublin, Ireland. Building upon more than 200 years’ experience in supply chain automation, Celtrino staff develop and supply services designed to improve the workflow, efficiency and profitability of their 1200+
customers.
Celtrino uses industry standard cloud architecture to underpin its hosted e-business solutions, allowing worldwide clients to benefit and perform B2B transactions globally, irrespective of local limitations. Regardless of company size, Celtrino’s clients are able to access enterprise-level functionality, providing them with all the tools required to compete actively on the global stage.

Here are my most recent posts

All posts written by Celtrino

e-Invoicing is a Must Have Solution According to New Billentis Report 2013

 

e-Invoicing is critical for business viability according to the new Billentis Report sponsored by Celtrino

New Billentis e-Invoicing/e-Billing Report identifies savings of up to 80% for companies that switch from a traditional paper based system to an automated electronic system.

This report illustrates how e-invoicing allows a company to optimise its’ finances and stand out from the competition.

What you will learn from reading the report:

  • How to improve invoice management in the supply chain
  • The business case for invoice sender and receiver
  • The cost reductions for both sender and receiver
  • Success factors for e-Invoicing/e-Billing projects
  • An analysis of today’s e-Invoicing/e-Billing market

 

Download the Billentis Report now to see why e-Invoicing/e-Billing is a must have solution!

If you would like us to show you how e-Invoicing can benefit your company contact us on +353 1 873 99 00 or email marketing@celtrino.com


Posted on May 13, 2013 in B2G e-invoicing, Business Process Automation, Business Process Outsourcing, e-Commerce, e-Invoicing, eBilling, Report by
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e-Invoicing Will Give You the Edge Over Your Competition

 

The new Billentis report illustrates why e-Invoicing is a critical solution for businesses looking to streamline their processes, maximise their opportunities and differentiate themselves from the competition.

The proven benefits of e-Invoicing are making it the solution of choice for businesses; the report shows that businesses that have automated their processes are taking advantage of huge savings and giving themselves a competitive edge in their industry. Bruno Koch highlights the savings that can be made in the report and gives practical advice about how to implement such a solution.

From our internal research we have found that the biggest challenge facing businesses is the high cost of processing paper invoices. Cutting costs remains a major priority for all businesses and the Billentis report highlights how e-Invoicing can do that while also improving your customer’s satisfaction.

Below are two diagrams that illustrate the potential savings to the sender and recipient of an electronic invoice. Receiving and processing an invoice is an expensive practice for businesses and Koch has broken down the substantial savings that can be made at both ends.

Invoice sender potential savings diagram - Billentis Report 2013

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Posted on May 9, 2013 in e-Invoicing, eBilling, Report by
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Earth Day: Be Part of the e-Solution to Climate Change

 

Is your company doing its bit for the environment?

Mother EarthIf you have automated your invoice processes and eliminated the paper trail from your business then you are and well done! By switching from a manual paper-based system to an electronic delivery system, you are not only saving money and gaining a competitive edge in your industry but you are also lowering your carbon footprint and helping the environment.

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Posted on April 22, 2013 in Business Process Automation, e-Commerce, e-Invoicing by
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Going Green, and not just on St. Patrick’s Day !

 

 St. Patrick’s Day is traditionally the day when people don silly hats and that rivers and buildings across the globe go green. However, Celtrino with its Express e-Billing Service is helping businesses go green all year round.

Shamrock - a symbol of Ireland

Companies that depend on paper-based supply chain transactions usually require pallet loads of paper sheets, envelopes and stamps to send numerous invoices and other vital business documents to their trading partners.

By changing traditional communication methods to an automated electronic format, your company can significantly cut down on its carbon footprint and help the environment in the process.

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Posted on March 15, 2013 in e-Commerce, eBilling, Green Agenda by
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Billentis: 2013 e-Invoicing & e-Billing Forecast by Bruno Koch

 

Recently Billentis published their “E-Billing/E-Invoicing: International Overview & Forecast” for 2013, which was carried out by market analyst and e-Billing expert, Bruno Koch.

Koch’s forecast for e-Invoicing and e-Billing in 2013 is upbeat; it is seen as one of the major areas of growth for the European economy. He’s estimated that the service provider community will generate an e-Billing/e-Invoicing turnover of about €1.7 Billion.

e-Billing/e-Invoicing Forecast for 2013 by Bruno Koch

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Posted on March 6, 2013 in e-Commerce, e-Invoicing, eBilling, Electronic Billing, eProcurement, EU, European Commission, European Union by
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How to Improve Your Cash-Flow: Part 2

 

In the first part of this blog we talked about the main components of good cash-flow management.

The components were: forecasting your cash-flow, evaluating terms with your trading partners and having a good system to enforce payment discipline from your customers. They are essential to improving your cash-flow and making your balance sheet healthier.

 

Here are three best practices that help you achieve a stronger balance sheet:Cash flow

1. Full Visibility

In order to have full visibility you must be able to see if your invoices have been sent, received, read, queried and resolved. A real-time tracking system allows you to trace all invoices from the moment they’re sent up to the time that payment is received. This means that you can deal with any invoice issues or queries as they arise and speed up the dispute resolution process. Continue Reading…


Posted on February 28, 2013 in Cash Flow Management, Celtrino Express, eBilling by
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How to Improve Your Cash-Flow: Part 1

 

Cash-flow problems are the number one reason why businesses fail; so it is vital that companies prioritise their cash-flow management. In this blog we examine the main components of a healthy cash flow management system.

Cash flowThe main issue with cash-flow is that every company is trying to do the same thing and not everyone can succeed.  Companies try and get their receivables in as fast as possible while also delaying their payables in order to keep as much cash on their books.  Somebody loses out in the end and it’s usually the company that has not prioritised cash-flow management.

So what are the main components of a healthy cash-flow management system?

 

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Posted on February 12, 2013 in Cash Flow Management, Celtrino Express, eBilling by
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eBilling Can Help Solve Late Payments Issue for SMEs

 

Late payments in the UK

Late payments are the bane of any business. In Britain this is coming to the fore because Business and Enterprise Minister, Michael Fallon, has launched a campaign calling for large companies to improve the practice of tardy payments to small suppliers. This has also been picked up by the Telegraph who are running a campaign in conjunction with the Minister to encourage on-time payments.

Late Payments, Past Due StampLate payments to SMEs threaten their existence as cash-flow is an imperative to their survival. Small firms find themselves at the mercy of large companies who are increasing the time-frame in which they pay suppliers for work that is already completed. It is estimated by the Telegraph that £36.5 billion is due in late payments.

Latest research from the organisation reveals that smaller suppliers wait on average 41 days longer for payment than their contract stipulates. Many have to wait up to 180 days to be paid for services they provide to larger companies and the minister revealed that he had been told of one well-known company that had a payment process approaching 200 days.  (Telegraph)

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Posted on January 21, 2013 in Celtrino Express, Celtrino Platform, e-Commerce, eBilling, Electronic Billing by
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Celtrino Strengthens its Position in the e-Commerce World in 2012

 

2012 saw Celtrino grow and adapt in the e-Commerce world

In 2012 Celtrino increased its market share while positioning itself for future growth that will consolidate its current position as the leading B2B e-Commerce provider in Ireland and allow the company to explore new markets abroad.

For this blog we talked to Managing Director Ken Halpin about Celtrino’s year in 2012 and looked briefly at some prospects for 2013,

“In a very challenging economic climate for our customers, Celtrino successfully strengthened its position in each of the verticals within which it operates. In addition, we increased our levels of investment in people, processes, infrastructure and services across the company to better serve our customers and the needs of the marketplace.”

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Posted on January 16, 2013 in Celtrino Express, Celtrino Platform, e-Commerce, eProcurement, PEPPOL by
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Corruption, Bribery and Your Supply Chain – Part 2

 

As discussed in the first of this two part series on corruption and fraud in the supply chain, in certain countries such activities are not only tolerated, but actively encouraged. Since July 2011, the tough new Bribery Act has bound UK businesses by a set of ethics which expressly forbid kickbacks and the like, regardless of whether the recipient is based in Britain or not.Corruption and Bribery in the Supply Chain 2

Bribery and corruption have a number of negative effects on a business and so should be avoided. Here are five tips to weed corruption out of your own supply chain.

1.      Keep up to date with legislation
Stay in touch with corruption legislation domestically and abroad to ensure that your business remains compliant. You should also carefully monitor general business practices in low governance countries with whom you deal in order to be able to identify procedures designed to encourage fraudulent activity.

2.      Encourage whistle blowing
Your employees are the eyes and ears of your business and will quickly be alerted to corrupt practices. Implement a system by which staff can report issues confidentially and make them aware of how the system works and the protection your business will offer them. Ensure you act on any information you receive.

3.      Make staffing changes as required
If you have concerns about account managers or people dealing directly with suppliers, do not hesitate to replace them. Any issues caused by the transition will be temporary and far less costly than a criminal court case for bribery.

4.      Train staff to say no
Provide employees with guidance and training in how to recognise corruption systems and how to avoid them. It is also a good idea to provide basic training in anti-trust law and ethics.

5.      Adopt an Anti-Corruption Policy
Sign a code of conduct agreement or adopt an anti-corruption to demonstrate that your organisation is serious in its intent to root our fraudulent business practices. Doing so speaks volumes to your employees, your suppliers and your customers.

Corruption is not easy to fight, but the five ideas listed above will give you a head start on removing it from your supply chain. Feel free to let us know if you have any others.


Posted on March 14, 2012 in Supply Chain, Supply Chain Management by
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