In addition to being more efficient and accurate, electronic invoicing increases turnaround times reducing late payments on the part of the Buyer and shortening payment cycles for the Supplier. However, paying for this service is sometimes a hangup, which is why the search for “invoicing software free” is prevalent. And that’s where Tungsten Network comes in.
Suppliers who enroll on the Tungsten Network receive free invoices each year based on their invoice volume. Furthermore, 80% of Suppliers on the Tungsten Network do not pay any fees. They’re able to see how the electronic submission of these invoices can help to optimize the financial management process with:
- Fewer invoice exceptions – meaning fewer blocked payments
- Increased visibility into invoice and payment status
- Improved cash-flow with early payment services
Furthermore, global expansion is significantly easier when invoicing with Tungsten Network, as the delivery of legally compliant invoices is supported in 47 countries. Learn more about Tungsten Network and how we’re streamlining critical financial processes by downloading this Category Insight.