No need to go to your bank, hat in hand, to ask for financing of your day-to-day business needs.
As a supplier on the Tungsten Network, you can easily access funds to accelerate payments on outstanding invoices from your customers. With control of your cash flow, you are better equipped to negotiate better terms with your own suppliers and take advantage of payment discounts from early settlements.
With Tungsten Early Payment, you can:
- Control your cash flow by selecting when to get paid on invoices
- Select individual invoices, or all approved invoices in one go
- Decide when you take early payment – time your receipts to when you need to the cash
- Use it regularly, seasonally or when you have extra demands on your cash only
To learn more about techniques and approaches for accelerating cash in the supply chain, download this Spend Matters research.