Founded in 1889, Drägerwerk AG & Co. KGaA is a global leader in medical and safety technology. Guided by the motto “Technology for Life,” Dräger has been setting standards in innovation and quality for over a century. Driven by a desire for continuous improvement and the need to comply with global regulatory requirements, Dräger set out to modernise its outgoing invoicing processes.
Customer information
Company: Dräger
Industry: Medical and safety technology
Location: International
The challenge: Traditional invoicing methods
Until 2015, Dräger relied on traditional methods for issuing invoices. With over 200,000 invoices generated per quarter, this represented a considerable workload. Invoices were sent via PDF and email, as well as being printed and posted. This was not only time-consuming and error-prone but also resulted in high paper consumption and associated costs. Dräger recognised the need to modernise this process and make it fit for the future.
A joint effort: E-invoicing with Unifiedpost
Dräger had two main objectives: firstly, to reduce paper usage in financial operations; and secondly, to align with the growing number of international e-invoicing regulations. Although the decision to switch to e-invoicing was clear, the journey presented several challenges. Implementing such a solution in a large organisation required time and had to be tailored to Dräger's specific needs. Additionally, the rollout of SAP among partner companies meant that seamless electronic document exchange would be expected going forward.
Here, Unifiedpost Group offered not just a solution but became a true partner and driving force behind the transformation. Through close collaboration, Dräger successfully transitioned to e-invoicing. This enabled the company to send digital invoices in various formats and via different channels, depending on customer requirements. Even those customers who still required printed invoices could be accommodated. The shift to e-invoicing was particularly important to ensure compliance with both local and international regulations. Dräger is now able to issue invoices in the format and via the channel required by local authorities. Furthermore, thanks to the user-friendly interface provided by Unifiedpost Group, Dräger can now integrate secure electronic signatures into outgoing financial documents.
The results: Efficiency and compliance
- Significant paper savings: The switch to e-invoicing led to a substantial reduction in paper usage.
- Time and cost efficiency: Electronic invoicing proved to be more efficient and cost-effective than traditional methods.
- Improved data accuracy: Digital invoices contributed to better data accuracy.
- Greater transparency: Unifiedpost Group's confirmation codes made it easy to track the status of invoice delivery at any time.
- Fewer printed invoices: Resulting in cost savings and more sustainable operations.
- Secure electronic signatures: Dräger was able to embed electronic signatures in outgoing financial documents.
- Simple regulatory compliance: Dräger can now easily comply with both local and international e-invoicing requirements.
Conclusion: A strong partnership for the future
The solutions provided by Unifiedpost Group have ushered Dräger into a new era of invoicing, where invoicing is not merely an administrative task, but a strategic advantage. Through this sustainable partnership, Unifiedpost has demonstrated deep expertise in current and future regulations, combined with a pragmatic approach to implementation. Dräger is now well-equipped to navigate the constantly evolving regulatory landscape while benefiting from a streamlined and optimised invoicing process. Dräger can confidently say that its commitment to innovation and pursuit of excellence now extends across every area of its business. The company is dedicated to maintaining this high standard in the future, and with Unifiedpost Group, it has found a forward-looking partner to help achieve that goal.
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