18 August 2017
visit www.avoka.com

Caterpillar selects Tungsten for e-invoicing

24 June 2014  |  1927 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)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comdownload the paper nowvisit www.worldpaymentsreport.com

Who is commenting?

Top topics

Most viewed Most shared
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
10200 views comments | 8 tweets | 16 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8446 views comments | 1 tweets | 3 linkedin
hands typing furiouslyCompliance: Overcome the data deficit
7878 views 0 | 1 tweets | 9 linkedin
Uneasy sits the crown as cash use continues declineUneasy sits the crown as cash use continue...
7821 views comments | 3 tweets | 7 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job