E-invoices provide numerous benefits for the Buyer, from increasing efficiency and accuracy, reducing paper, and eliminating fraud and risk, to improving productivity. Who doesn’t want to experience those? But for any e-invoicing initiative to be effective, Suppliers need to take part. And what’s their motivation? Tungsten Network helps with this.
Tungsten Network encourages Supplier participation with the guaranteed delivery of electronic invoices. And once the invoice has been received, Suppliers are able to easily access the status of their invoice, allowing them to stay up to date on where in the verification and authorization process it is. Tungsten Network also encourages Supplier participation with:
- Access to early payment services to improve cash flow
- The ability to convert purchase orders directly into invoices
- Increased invoice accuracy fewer exceptions mean fewer blocked payments
The benefits of e-invoices don’t stop there. Find out more by downloading this informative World Finance article.