Europcar Mobility Group Chooses OpenText to Deliver Global E-Invoicing Compliance
OpenText (NASDAQ/TSX: OTEX) has been selected by Europcar Mobility Group to manage its global e-invoicing compliance needs across 130 countries. Europcar, a leading mobility services provider with a fleet of 280,000 vehicles and over 9,000 agents, will utilize OpenText's e-invoicing solutions to handle millions of invoices across its network.
The partnership aims to streamline Europcar's invoicing processes, ensure regulatory compliance, and improve operational efficiency. OpenText's solution offers benefits including automated processes, improved cash flow management, enhanced data visibility, and simplified tax audits through a centralized legal archive.
OpenText (NASDAQ/TSX: OTEX) è stata scelta da Europcar Mobility Group per gestire le esigenze di conformità alla fatturazione elettronica globale in 130 paesi. Europcar, un importante fornitore di servizi di mobilità con una flotta di 280.000 veicoli e oltre 9.000 agenti, utilizzerà le soluzioni di fatturazione elettronica di OpenText per gestire milioni di fatture nella sua rete.
La partnership punta a semplificare i processi di fatturazione di Europcar, garantire la conformità normativa e migliorare l'efficienza operativa. La soluzione di OpenText offre vantaggi come processi automatizzati, migliore gestione del flusso di cassa, maggiore visibilità dei dati e semplificazione delle verifiche fiscali attraverso un archivio legale centralizzato.
OpenText (NASDAQ/TSX: OTEX) ha sido seleccionada por Europcar Mobility Group para gestionar sus necesidades globales de cumplimiento en facturación electrónica en 130 países. Europcar, un proveedor líder de servicios de movilidad con una flota de 280,000 vehículos y más de 9,000 agentes, utilizará las soluciones de facturación electrónica de OpenText para manejar millones de facturas en su red.
La alianza busca optimizar los procesos de facturación de Europcar, garantizar el cumplimiento normativo y mejorar la eficiencia operativa. La solución de OpenText ofrece beneficios como procesos automatizados, mejor gestión del flujo de caja, mayor visibilidad de datos y simplificación de auditorías fiscales mediante un archivo legal centralizado.
OpenText (NASDAQ/TSX: OTEX)가 Europcar Mobility Group의 130개국 글로벌 전자 송장 준수 요구를 관리하기 위해 선정되었습니다. 28만 대의 차량과 9,000명 이상의 에이전트를 보유한 선도적인 모빌리티 서비스 제공업체인 Europcar는 OpenText의 전자 송장 솔루션을 활용해 네트워크 전반에 걸쳐 수백만 건의 송장을 처리할 예정입니다.
이번 파트너십은 Europcar의 송장 처리 과정을 간소화하고, 규제 준수를 보장하며, 운영 효율성을 향상시키는 것을 목표로 합니다. OpenText의 솔루션은 자동화된 프로세스, 개선된 현금 흐름 관리, 향상된 데이터 가시성, 중앙 집중식 법적 아카이브를 통한 세무 감사 간소화 등의 이점을 제공합니다.
OpenText (NASDAQ/TSX : OTEX) a été choisi par Europcar Mobility Group pour gérer ses besoins de conformité en matière de facturation électronique à l'échelle mondiale dans 130 pays. Europcar, un leader des services de mobilité avec une flotte de 280 000 véhicules et plus de 9 000 agents, utilisera les solutions de facturation électronique d'OpenText pour traiter des millions de factures à travers son réseau.
Ce partenariat vise à simplifier les processus de facturation d'Europcar, assurer la conformité réglementaire et améliorer l'efficacité opérationnelle. La solution d'OpenText offre des avantages tels que l'automatisation des processus, une meilleure gestion des flux de trésorerie, une visibilité accrue des données et une simplification des audits fiscaux grâce à une archive légale centralisée.
OpenText (NASDAQ/TSX: OTEX) wurde von Europcar Mobility Group ausgewählt, um deren globale Anforderungen an die Einhaltung der elektronischen Rechnungsstellung in 130 Ländern zu verwalten. Europcar, ein führender Anbieter von Mobilitätsdienstleistungen mit einer Flotte von 280.000 Fahrzeugen und über 9.000 Agenten, wird die E-Invoicing-Lösungen von OpenText nutzen, um Millionen von Rechnungen im Netzwerk zu bearbeiten.
Die Partnerschaft zielt darauf ab, die Rechnungsprozesse von Europcar zu optimieren, die Einhaltung gesetzlicher Vorschriften sicherzustellen und die Betriebseffizienz zu steigern. Die Lösung von OpenText bietet Vorteile wie automatisierte Prozesse, verbesserte Liquiditätssteuerung, erhöhte Datentransparenz und vereinfachte Steuerprüfungen durch ein zentrales rechtliches Archiv.
- Partnership with major mobility services leader Europcar expands OpenText's market presence
- Solution will manage millions of invoices across 130 countries, demonstrating scalability
- Adds to growing customer base including other major brands like Michelin
- None.
Insights
OpenText secures major e-invoicing deal with Europcar, strengthening its position in global compliance solutions market.
OpenText has secured a significant customer win with Europcar Mobility Group selecting its e-invoicing solution to handle millions of invoices across 130 countries. This partnership highlights OpenText's strong position in the increasingly complex global e-invoicing compliance market.
The deal is particularly notable given Europcar's scale - managing a fleet of 280,000 vehicles globally with 9,000 agents across its network. For OpenText, this represents valuable recurring revenue as e-invoicing requirements are ongoing and constantly evolving, creating a sticky relationship with high switching costs once implemented.
What makes this win strategically important is the increasing complexity of global e-invoicing regulations. As governments worldwide mandate electronic invoicing to combat tax fraud and improve collection, companies face mounting compliance challenges. OpenText's solution addresses this by offering:
- Automated processing to transform manual workflows into more efficient systems
- Cash flow optimization through early payment discounts
- Improved data visibility by connecting previously siloed systems
- Simplified tax audit processes through centralized legal archiving
The mention of other enterprise customers like Michelin demonstrates OpenText's ability to serve complex multinational organizations. This reinforces the company's position as a leading provider in the business process automation segment, particularly for mission-critical financial workflows that require strict regulatory compliance.
This partnership represents an important validation of OpenText's e-invoicing technology at a time when digital transformation of financial processes is accelerating globally due to regulatory pressures and efficiency demands.
With more than 9,000 agents, Europcar Mobility Group provides seamless car and van rental services within a network spanning 130 countries through brands including Europcar, Goldcar, Euromobil and more. Europcar recently chose OpenText and its global E-Invoicing solution to manage millions of invoices across its expansive network of branches meeting the tax and compliance standards across 130 countries.
OpenText has long been a leader in global e-invoicing solutions, an area that has only grown more complex with evolving global compliance and legal mandates. For global finance and procurement operations, OpenText E-Invoicing solutions serve as a conduit away from legacy systems while reducing cost and complexity by ensuring a consistent approach to compliance with global regulations and requirements.
OpenText E-Invoicing solutions also allow customers to:
- Manage cash flow more effectively, transforming manual invoicing processes into automated ones and shifting late payment penalties into early payment discounts
- Improve data visibility by integrating siloed systems and reduce operational friction
- Simplify tax audits by enabling a centralized legal archive for fast file and data retrieval
Companies like Staria, Michelin and Heeros also have implemented OpenText E-Invoicing solutions to seize on the advantages they provide.
"Europcar's incredible growth and leadership in the mobility space in
About OpenText
OpenText™ is a leading Cloud and AI company that provides organizations around the world with a comprehensive suite of Business AI, Business Clouds, and Business Technology. We help organizations grow, innovate, become more efficient and effective, and do so in a trusted and secure way – through Information Management. For more information about OpenText (NASDAQ/TSX: OTEX), please visit us at www.opentext.com.
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FAQ
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