Spend management experts will tell you that visibility into all spend — across the organization — is necessary for identifying areas for improvements. And Tungsten Network Analytics can help with that.
Tungsten Network e-invoicing customers are given real-time data on the service, supplier, enterprise, and individual invoice level. Tungsten Network Analytics gives buyers the insight necessary to improve procurement controls, reduce costs, and ensure contract compliance. In addition, Tungsten Network Analytics provides:
- Supplier negotiation support
- Real-time and historical price variance analysis
- Rationale for vendor consolidation
Customers using Tungsten Network Analytics are seeing an average annual savings of 1-4% of total spend. We all know what the spend experts would say about that!
See more ways you can benefit from Tungsten Analytics by downloading our informative white paper today.