Tungsten Network’s unique ability to drive invoice automation for both buyers and suppliers is one of the reasons that customers switch to our software.
Accounting departments need to accurately capture their spend and quickly process invoices for payment, all while managing working capital. Driving excessive costs and manual labor out of outdated processing procedures can help facilitate these changes.
On the other side of the coin, Accounts Receivable departments want assurances that their invoices have been received successfully, that the invoice is being processed and (most importantly) that their invoices are going to be paid on time. The option of taking a payment early is an additional bonus.
Enter Tungsten Network.
Our e-invoicing Network bring buyers and suppliers together to seamlessly exchange Purchase Order, Invoice, and Payment Status information within seconds instead of days.
By offering all suppliers full visibility via a web portal into the life of their invoices, we can reduce the number of status inquiries phone calls that you receive. Those suppliers looking to eliminate manual invoice distribution can use our Integrated Solution to send invoices automatically to their customers. Guaranteed invoice receipt notifications, payment status reports, and early pay opportunities allow suppliers of all sizes to leverage automation and drive increased value.
For more information on the power of Tungsten Network, download this Category Insight today!