![]() With more than 20 years of experience helping buyers centralize their invoicing and helping suppliers generate and distribute invoices to buyers, we have a deep understanding of the needs of both buyers and suppliers. We cover a broad geographic area for both AR and AP compliance. Tell us more about the products and services through which you have ascertained your stronghold within your industry?Īccounts Payable and Accounts Receivable automation are areas in which we excel. Supply Chain Finance: Working with our partner, Orbian, we are providing flexible access to capital, with varied options to support all types of suppliers-supply chain finance that genuinely improves the way you do business. Customers who combine the Tungsten Network workflow offering with e-invoicing have typically reduced accounts payable costs by 60% or more. Workflow is a solution that powers AP towards world-class oversight and process management. Total AR gives companies visibility of billings and allows them to submit one file, in any channel and format, to support the delivery of 100% of their invoices to 100% of their customers. ![]() Total AP helps companies realize 100% invoice digitization from day one, accommodating all their suppliers regardless of size, location, or maturity. Tell us more about the products and services through which you have ascertained your stronghold within the billing and invoicing space. It enables suppliers to submit tax-compliant e-invoices in 54 countries and last year processed transactions worth over £220 billion for organizations such as Caesars Entertainment, Computacenter, GlaxoSmithKline, Kraft Foods, Mohawk Industries, Mondelēz International, Procter & Gamble, Shaw Industries, Unilever and the US Federal Government.įounded in 2000 and headquartered in London, Tungsten also has offices in the US, Bulgaria, and Malaysia, employing over 227 people. Tungsten processes invoices for 60% of the FTSE 100 and 68% of the Fortune 500. Its mission is centered on enabling a touchless invoice process, allowing businesses around the globe to gain maximum value from their invoice process. Tungsten is a leading global electronic invoicing and purchase order transaction network. Tungsten Corporation (AIM: TUNG) is the world’s largest, compliant business transaction network. Please brief our audience about your company, its USPs, and how it is currently positioned as a leading provider of billing and invoicing solutions. In the following conversation with Insights Success, Marisa Teh, Chief Product and Business Development Officer of Tungsten Network, shares the efficiency of the automation solution provided by her company.īelow are the excerpts from the interview: With its assistance, buyers can centralize their invoicing, allowing suppliers to speedily generate and distribute invoices to buyers. ![]() This multinational corporation is an ideal solution for clients from various territories to digitize their complex transaction and billing processes. In pursuit of minimizing billing errors and delays, Tungsten Network is a valuable partner for businesses worldwide. Businesses of today are working hand in hand with transaction partner companies to automate the billing process. It is one of the most common reasons for errors in billing, invoicing, or other commercial procedures. In such a scenario, the smallest error or delay can cause major inconvenience, making other parties question your organization’s business efficiency.Īs it is commonly known, the billing process is a long and tedious task. It requires professionals to manually enter data multiple times. ![]() Once the business formalities are processed, organizations today expect quick, error-free invoicing compliance from their clients. In a business organization, there are multiple departments where errors are not affordable. ![]()
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