As your business grows, system integrations lead to scattered data. But you still need to understand spend across the organization so that you can identify opportunities for improvement. You need robust enterprise spend management software. And this is where Tungsten Network comes in.
With Tungsten Network Analytics, receipt of electronic invoices does more than reduce processing times — it delivers the real-time, line item analytics capability necessary for reducing redundant and overspend. Tungsten Analytics does this by:
- Ensuring contract and policy compliance
- Providing rationale for vendor consolidation
- Delivering real-time and historical price variance analysis
Enterprises using Tungsten Network Analytics for enterprise spend management are saving an average of 1%-4% of total spend just by identifying price variances. Can you afford to ignore that? Find out more by downloading this informative paper.