There’s no denying that data analysis provides countless benefits for a business. From creating budgets and sales forecasts to making better buying decisions, gaining insight with data analytics is useful across the organization. And Tungsten Network, the global e-invoicing and supply chain financial services firm is using advanced artificial intelligence techniques for big data analysis.
Tungsten Network uses the data gleaned from electronic invoicing to make supplier comparisons, identify price variances in real-time and recognize trends. Enterprises using Tungsten Analytics are realizing huge savings, due in part to:
- Contract and policy compliance
- Rationale for vendor consolidation
- Supplier negotiation support
It’s become evident that having access to spend analysis is more than just a “want” it’s a “need”. Learn more about how Tungsten Network can help support your organization’s needs by downloading this insights today!