The easy answer to the question of “What is the global supply chain?” is the worldwide network between companies producing, handling, and distributing good or products. However, that simplistic definition doesn’t address the issues that arise when Suppliers find themselves waiting — often with bated breath — for outstanding payments so that they can, in turn, pay their own Suppliers. Which is where Tungsten Network comes in.
Tungsten Early Payment is accelerating the payment process, allowing for stimulated business growth for both Buyers and Suppliers by giving them greater control over their working capital.
Suppliers using Tungsten Early Payment are able to:
- Select payment on as few or as many approved invoices as they like
- Easily register with simple documentation
- Choose when to take payments — time receipts to when cash is needed
Learn more about the question of “What is the global supply chain?” and how Tungsten Early Payment is helping to solidify relations while meeting the financial objectives of the organization by downloading this Spend Matters Research paper.