Easier Financial Processes for Rábalux
Since September of this year, Rábalux Kft. has begun issuing “collective invoices” to its foreign subsidiaries and export customers. The “collective invoice” functionality implemented in SAP allows these companies to manage and track their financial processes more simply.
With the solution implemented by Mind System Kft., Rábalux can now issue invoices aggregated for a specific period—such as a month—while still issuing CMRs (Consignment Note) per shipment in compliance with legal requirements. This particularly simplifies the financial processes for Rábalux in “triangular transactions” and creates a more transparent invoicing system. Foreign subsidiaries of Rábalux receive a “collective invoice” from the parent company for goods sold and shipped directly from the Győr warehouse over a specified period. This greatly simplifies the documentation flow between companies, allowing the subsidiary to track the quantity and value of ordered and directly shipped goods with a single document.
In the current economic climate, it is also noteworthy that the solution implemented by Mind System Kft. has enabled Rábalux to reduce both paper and labor costs.