Tungsten Network

Compliance Nightmares

The global compliance landscape is changing fast. As governments worldwide revise their tax systems, it is vital that companies follow the amendments and ensure their invoices are compliant. Without support, this can be extremely time-consuming and costly process.

  • In the last year alone, the FCA handed out a total amount of fines worth £392,303,087, including many global businesses.
  • In addition, a BBC report from 2019 found that invoice fraud cost firms almost £93m in 2018.

Hear from Tungsten’s Ruud van Hilten, SVP Product Compliance, who shares insight into the consequences of failing to meet compliance procedures and how to avoid them.

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