With Tungsten Network, the journey to world-class moves from a distant ambition to an achievable reality.
A historic lack of alignment and collaboration between AP and Procurement has been a real obstacle to world-class performance.
The reality is that finding best-in-class efficiency means achieving touchless invoicing and straight-through processing. Procurement’s objective aims to be a source for strategy, a cost-saver, reduce risks and provide visibility on spend – all of which allow buyers to maintain successful relationships with their suppliers.
Procurement’s potential with Tungsten Network
Procurement has the ability to enhance every spending decision you make across your business – with the right technology. Take maximum value from your invoices, with full, line-level oversight of your spend.
With a global network of compliance, your procurement can operate with confidence and consistency, in the ever-changing world of regulation.
Ensure P2P process compliance
With the ability to check against PO’s and offer suppliers PO-based invoicing options Tungsten Network can be a key control for reducing maverick spend within your P2P process.