We have devised a ‘Seven Ps’ method which measures the seven key areas of internal readiness for businesses preparing for an e-invoicing project.
The Tungsten Seven Ps
Process - Your current AP process capabilities
Passion – Your level of urgency and visibility
Purpose – The maturity of your business objectives and focus
Parts – Your IT setup
People – Your organisational capabilities
Payment - Your payment terms and financing arrangements
Perfecting - Your current level of spend visibility
Measure your state of readiness and benchmark your business against the average Tungsten customer
Select the relevant stage that is most appropriate for your business within each of the Seven P tables below. You will receive a score for each of the Seven Ps which can then be mapped against the average Tungsten e-invoicing customer.