Advantages Of Accounts Payable

Accounts payable teams struggle with an onslaught of paper invoices. Manual inputting takes time and resources and often leads to keying errors. For this reason, businesses are recognizing the advantages of moving accounts payable to a “process by exception” model with electronic invoicing. And Tungsten Network offers a platform to do just that.

With Tungsten Network e-Invoicing thousands of buyers and suppliers are connected around the world. The process of going paperless with Tungsten Network is facilitated by:

• Easy integration with existing ERP systems, including SAP, Oracle, and JD Edwards
• The distribution of legally compliant invoices in 47 countries
• Submission of invoices via supplier accounting systems, the Tungsten Portal, email, or fax

In addition to increasing efficiency and accuracy within the account payable department, Tungsten Network improves internal controls, reducing fraud and risk.

Learn more about the advantages of moving accounts payable to a paperless environment with Tungsten Network by downloading our insights.