Latvia, Markets and Companies, Technology

Ilze Zoltnere.

The benefit for clients will be that bills will be sent and received more quickly, payments will be made more rapidly, and there will be less work for personnel. These benefits are based on the fact that billing data can be sent and received electronically, with no need to enter them manually into bookkeeping systems, informs company’s press-service.

Lattelecom BPO previously offered only the handling of paper-based bills for corporate clients in the Baltic States, but the agreement with Logica now makes it possible to ensure electronic circulation not only among companies in the Baltic States, but also those which operate elsewhere in the world.

“There are upcoming changes in European Union member state laws about the transfer to electronic circulation of bills, and companies will be able to save time and money when they no longer have to send out hard copy bills. This is also an environmentally friendly process, because it helps to save on paper,” says Lattelecom BPO board chairwoman Ilze Zoltnere.

Lattelecom BPO has an E-billing exchange process which ensures compatibility among the bookkeeping system of clients. This is so that billing data can be sent from one bookkeeping system and processed in another. Compatibility is based on Lattelecom BPO acting as a broker for electronic documents. The company makes sure that it is easier for clients to communicate with suppliers and clients. The electronic flow of documents makes it easier to bring in new clients and suppliers, too.

Outsourced business process services are one of the main areas of operations for Lattelecom BPO. The company allows its clients to focus more attention on their basic areas of operations. Lattelecom BPO offers order and bill handling, archiving of electronic and paper documents, personnel administration and wage calculation services, client contact services and other outsourced services.

Lattelecom is the leading provider of electronic communications services in Latvia. The company offers integrated electronic communications and IT Services, as well as telecommunications, network design and installation services. Lattelecom also provides data transmission and IT infrastructure solutions, Internet and contact services, as well as outsourced business process services. The Lattelecom Group consists of five companies – Lattelecom, Lattelecom Technology, Lattelecom BPO, Citrus Solutions, and the Baltic Computer Academy.