26 November 2015

Caterpillar selects Tungsten for e-invoicing

24 June 2014  |  1621 views  |  0 Source: Tungsten

Tungsten Network, the global e-Invoicing network built on OB10, has been selected by Caterpillar, the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives, to provide an e-Invoicing programme to its suppliers across the UK and Poland.

To achieve world-class levels of efficiency within Purchase-to-Pay functions, organisations are introducing electronic invoicing to replace paper-based, manual processing that is prone to mistakes and causes payment delays that can impact relations with suppliers.

Invoice automation brings consistency to the way companies handle transactions by improving purchase-order compliance and payment on time, enabling VAT and contract compliance, and strengthening supplier relations.

Edmund Truell, Group CEO at Tungsten Corporation, said, "We are delighted to welcome Caterpillar to Tungsten Network. This is yet another milestone as we realise our vision to create the world's largest electronic trading network."

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news


Who is commenting?

Top topics

Most viewed Most shared
MIT to run fintech degree course
9108 views comments | 36 tweets | 14 linkedin
Coinbase issues Bitcoin debit card
8085 views comments | 17 tweets | 21 linkedin
UK banks hardest hit by non-bank money tra...
7984 views comments | 28 tweets | 30 linkedin
Apple Pay users given a free ride in Londo...
7875 views comments | 21 tweets | 29 linkedin
BBVA buys 29.5% stake in Atom for £45...
6987 views comments | 33 tweets | 40 linkedin

Featured job

up to £95K base, £190K OTE, benefits
London, UK

Find your next job