24 May. 4. TUNGSTEN & GLOBAL E-INVOICING ENABLEMENT . Over the past three years, Mondelez has gone from processing 80,000 invoices digitally a year to 500,000. It enables suppliers to submit tax compliant e-invoices in 50 countries, and last year processed transactions worth over £195bn for organisations such as Caesars Entertainment, Computacenter, GlaxoSmithKline, Kraft Foods, Mohawk Industries, Mondelēz International, Procter & Gamble, Shaw … AP … Tungsten purchased OB10 for £99 million, as well as having signed a five-year agreement to license @UK’s Spend Analysis software. Discover how our range of e-invoicing services can help you at www.tungsten-network.com. Buyers and suppliers that use our e-invoicing platform gain significant efficiencies that enhance business … Watch the following video with Chief Revenue Officer, Steve Standring, to find out more. There are two primary methods/options for sending … If we have not already contacted you to discuss this transition, please contact Tungsten directly: e- mail them on … Tungsten Network ( Tungsten Network ) Other Testimonials “The government initiatives for e-invoicing are not only affecting the suppliers to the public sector, but prompting essentially almost all organizations to act. Tungsten Corporation encompasses the Tungsten Network (what was OB10) and the Tungsten Network Finance. What’s frequently less obvious… 3. Global Supplier Portal. Having been involved in purchase-to-pay (P2P) optimization at several large, global organizations, we know that one of the biggest sources of waste in many payables functions is the volume of invoices that cannot be automatically approved for payment because they do not match the … processing electronic invoices and payment) and payables (on the supply side, including billing, e-invoice submission, early payment) areas. Number of Current Team Members 5. We’ve created this simple e-book to provide you with useful tips and tools for eliminating invoice exceptions. Electronic invoicing will speed up payments by eliminating common problems such as lost or … In association with Tungsten Network: Driving the business forward means that procurement and finance have to work together. What e-invoicing options does Tungsten offer to suppliers using their network? Tungsten Network’s suite of services allows customers to realize world-class KPIs, enhanced touchless processing metrics and genuine business agility. Check out alternatives and read real reviews from real users. submitting via a portal or direct integration with your company’s ERP). Tungsten Network for GPD E-Invoicing ACCESSING TUNGSTEN Q: What is Tungsten Network? While the Global Headquarters for Tungsten/OB10 is located in the United Kingdom, The VA is doing business with the US subsidiary Tungsten/OB10, Inc. based in Atlanta GA. VA is dealing solely with the US entity, not the international entity. Our new and unique Supplier AR e-Invoicing product will now target the reverse flow … Still not sure about Tungsten? A: Tungsten is a portal by which grantees can submit monthly per diem invoices to VA. Tungsten forwards that invoice to your local VA medical center who is responsible to review and approve the payment request. Tungsten processes invoices for 74% of the FTSE 100 and 71% of the Fortune 500. Tungsten Network e-Invoicing Transform global business with automated invoicing e-Invoicing streamlines financial operations Tungsten Network is the world’s largest compliant electronic invoicing network, connecting hundreds of thousands of buyers and suppliers in all the markets they serve. Total Funding Amount $16.5M. Tungsten processes invoices for 74% of the FTSE 100 and 71% of the Fortune 500. Tungsten Network provides a global cloud-based trading network built on OB10’s e-invoicing platform. A: Our e-Invoicing service provider, OB10, has changed its name to Tungsten Network. The service integrates client billing and … So why are the United … Electronic … Tungsten makes invoice processing easy. Not part of the Tungsten Network? The deposited monies will provide additional financing capability to its Tungsten Early Payment … Costs start at $6.00/month. Our e-Invoicing options help simplify doing business with IBM, allowing you to receive electronic invoices for IBM products and services that you purchase. The Tungsten/OB10 e-Invoicing network simplifies and streamlines invoice-to-pay processes between companies and their suppliers. This will increase on-time payment rates as it ensures all your invoices are accurately and efficiently loaded on to our system first time and eliminates the possibility of lost or misplaced invoices. And how does total invoice automation for procurement provide a multitude of benefits? There will be no disruption to the service it provides you and the key contacts remain the same. Designer Brands Electronic Invoicing. How it works. Tungsten's traditional and successful model has been to focus on the automation of invoices with the accounts payable ('AP') department of the Buyer. IBM e-Invoicing also supports several message formats including cXML, RosettaNet, EDIFACT, EDI X12 … Tungsten Corporation . Invoice Status Service electronically extracts invoice status data from buyers’ enterprise resource planning (ERP) systems and presents it to your suppliers who are registered on Tungsten Network. Vendor e-Invoice Set-Up Information: Please contact Tungsten at the phone number or email address listed below to begin submitting your electronic invoices to the VA Financial Services Center for payment processing, free of charge. This service is available to all buyers who are e … Details. To achieve world-class levels of efficiency within Purchase … Speeding Up Service Global companies are automating AP functions to achieve major business goals, including: Process optimisation: Automation enables companies to standardise, test, measure, and manage process changes, continually refining the effectiveness and efficiency of the AP … E-invoicing has enabled the company to streamline its processes, increase efficiency and significantly reduce costs. Tungsten Network is a global B2B e-Invoicing network that facilitates and streamlines complex invoice-to-pay processes. Tungsten Corporation finalized the acquisition of OB10 in October 2013, rebranding the e-invoicing platform “Tungsten Network”. In addition, suppliers do not need to install any hardware . … Looking for a total integration for your AP or AR processes? Tungsten Network makes e-invoicing easy and efficient. The onboarded Buyer has in turn mandated the enrolment on to our network of what has often been thousands of its own chosen Suppliers. Recent News & Activity. Tungsten Network offers flexible electronic options for submitting e-invoices that accommodate a variety of supplier sizes, systems, and processing needs. Suppliers want a global supplier portal that is easy to use and gives them flexibility and visibility. Nestlé are transitioning to an Electronic Invoicing (e-invoicing) solution with Tungsten Network. Atlanta, Georgia, United States; 251-500; Venture - Series Unknown; Private; www.tungsten-network.com ; 36,051; Highlights. Improve your cash flow with Tungsten Network e-invoicing. Invoice processing can often be labor intensive and expensive for both suppliers and buyers. 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