Strategic Partnership between YALCO and Retail@Link on the implementation of Electronic Invoicing solutions

Athens, February 2018. The dynamically developing network of Electronic Invoicing by Retail@Link (member of the Entersoft group) welcomed  YALCO , the leading company in the distribution of items for household use and hotel equipment in Greece, within the context of the minimization of controls and correction of human mistakes, through the electronic interchange of document data with its clients, as well as the automation of the data integrity and the decrease of the operational cost.

 

YALCO, having almost 100 years of successful experience in the market, has evolved to one of the top Greek trading companies. Being the biggest distributor of household use products and hotel equipment in Greece, it trades exclusively products of renowned foreign production companies (Bodum, Lagostina, Revol, Guy Degrenne, Rak, Thermos etc), has the most renowned Greek brand of Ionia porcelain and at the same time owns the Fest non-stick manufacturing plant. As a result the big amount of documents exchanged with a huge selling network of household goods and professional equipment throughout Greece as well as the supermarket chains, is a continuously repetitive procedure that costs in time and money as it requires not only manual control of the documents data but also manual data entry in the in the

The implementation of the solution R@L e-Invoicing EDI by Retail@Link which, serving as a Β2Β hub, offers the possibility of the online and immediate automation of the procedure from ERP-to-ERP, with immediate implementation in every document and message that has a “structured” format like purchase orders, inventory data inventory reports, pricelists etc. in spite of the existing information infrastructure and without any manual intervention. An added- value for YALCO., is that this specific interconnection in the Retail@Link network, offers extendability and access to over 50.000 companies of the network, ensuring the fastest return on investment.