U IRIS chooses Generix Group as its Dematerialization Platform Partner of Tax Authority to support the implementation of an invoice dematerialization process
Generix Group, a global provider of collaborative SaaS Software solutions for the Supply Chain and Commerce ecosystem and operator on the electronic invoice market for 20 years, announces its selection as a Dematerialization Platform Partner of Tax Authority to support U IRIS, the U group's Information Systems Department, with its Generix Invoice Services solution. This new process will involve all incoming and outgoing invoices processed by the group by July 2024.
Système U is the 4th largest food distribution group in France. It includes the Hyper U, Super U, Marché U, U Express and Utile brands. The U Group is a network of independent retailers who sell national and private label consumer products in outlets operated under the U brand. The U group is present in France, represented by 73,000 employees and 1,700 sales outlets, managed by associates and spread throughout the country.
As part of the upcoming implementation of the 2024-2026 tax reform, which requires French companies to receive and issue invoices in electronic format, U IRIS has appointed Generix Group to handle its invoice dematerialization project. The ambition of this project for the U group is to be able to process all the company's invoices, i.e around 12 million invoices per year from 2024 and up to 15 million thereafter.
The project will be deployed in two stages, the first for transactions involving central purchasing units and the second for processing the incoming and outgoing invoice flows of the 1,700 sales outlets.
U IRIS was looking for a consulting partner with a highly adaptable solution that would perfectly meet all its business needs. The understanding of the stakes and the contextualization of the solution by Generix Group's teams convinced the company's project teams to start this collaboration together.
« I am very happy to see Generix Group position itself as a trusted partner for the dematerialization of Système U's invoicing process. The company is indeed exposed to strong stakes in the context of the arrival of the 2024-2026 tax reform. We have worked closely with the teams of U IRIS to offer the response and advice best suited to their needs and their business context. », adds Philippe Seguin, General Manager of Generix Group in France.