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Published byErin Jacobs Modified over 6 years ago
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Simon Trivella – February 2007 Distribution Workstream
Small Value Invoices Simon Trivella – February 2007 Distribution Workstream
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Background / Issues High percentage of small value invoices (debit & credit) Increased volume since Network Sales Disproportionate processing costs Insignificant net financial impact Unpredictable in nature (adhoc) Most common cause of late payment
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Volumes ~7.5% of invoices issued by WWU < +/- £10 (over 13 month period) Overall net financial impact on WWU £18.20 (credit to Shippers) Individual Shipper impact range £34.04 (credit) to £ (debit) Similar impact across all Shippers
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Way Forward Possibly solved by suppression / aggregation over 6 month period? Central “pot” for clearing invoices? What value of invoice would be suitable? Requirement for UNC Modification? Online / Offline process within xoserve – cost benefit? Appetite for change?
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Thank You Questions / Comments
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