GE partners Tungsten Network for e-invoicing solution

Monday 19 May 2014 13:38 CET | News

Tungsten Network, a global e-invoicing network, has been contracted by General Electric (GE), a US-based multinational conglomerate corporation, to rollout a multi-year e-invoicing programme into every GE operation globally, with potential invoice volumes of approximately 16 million per annum. GE is also set to take Tungstens Invoice Status Service.

Tungsten Network is built on OB10 e-invoicing, enhancing the invoice-to-pay process to connect supply chains and enable predictable payment.

Tungsten Network Analytics gives procurement teams line-level insight into their spend data in real time. Tungsten Network Finance supports businesses by giving suppliers access to supply chain financing through dedicated funds.

Tungsten connects a number of companies and government agencies to their suppliers around the globe. Tungsten Network processed transactions for organisations such as ADS, BT, Cargill, Deutsche Lufthansa, General Motors, GlaxoSmithKline, Henkel, IBM, Kelloggs and the US Federal Government.

In recent news, OB10, the global e-invoicing network, has completed its transition and integration, and is set to function as Tungsten Network.

For more information about OB10, please check out a detailed profile of this company in our dedicated, industry-specific online companies database.

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Keywords: GE, Tungsten, network, e-invoicing, programme, invoice, Invoice Status Service, invoice-to-pay, finance
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech