Tungsten Automation
Service/Solution Provider
- E-Invoicing
- Analytics
- Workflow
- United Kingdom
- Company size: 201-500 employees
- Employees dedicated to Invoicing: 385
- Processed E-Invoices per year: 10 - 100 Mio
- Registered users on own E-Invoicing platform: 100k - 500k
- Countries with special expertise: United Kingdom, United States, Malaysia
- Geographical reach: Africa, Asia, Australia, Europe, North America, South America
Company Profile
Tungsten Network aims to be the world’s most trusted business transaction network by using data intelligently to strengthen the global supply chain. Tungsten Network is a secure business transaction network that brings businesses and their suppliers closer together with unique technology that revolutionises invoice processing, maximises efficiency and improves cash flow. Delivering trusted connections and streamlined transactions, the network also provides users with real-time spend analysis and offers suppliers access to invoice financing through Tungsten Network Finance, a form of alternative finance for businesses. Tungsten Network processes invoices for 74 percent of the FTSE 100 and 71 percent of the Fortune 500. It enables suppliers to submit tax compliant e-invoices in 48 countries, and last year processed transactions worth over £164bn for organisations such as Alliance Data, Cargill, Deutsche Lufthansa, General Motors, GlaxoSmithKline, Mondelēz International, Henkel, IBM, Kellogg's and the US Federal Government.
Description of Solution
We have built the world’s most trusted, compliant business transaction network, Tungsten Network, and a suite of services designed to improve business outcomes for our networked firms. These include real-time spend analysis through Tungsten Network Analytics and access to disruptive supply chain financing through Tungsten Network Early Payment.
For more than 18 years, we have been connecting companies with their customers, enabling tax-compliant electronic invoicing. Processing more invoices, bringing on new customers, and adding new countries, allow us to elevate the network effect for our members.
We are solely focused on bringing companies closer together with unique technology that revolutionises invoice processing, maximises efficiency and improves cash flow management.