The Tungsten Network
TungstenCorporation (LSE: TUNG) aims to be the world’s most trusted business transaction network by using data intelligently to strengthen the global supply chain.
Tungsten Network is a secure-invoicing platform that brings businesses and their suppliers closer together with unique technology that revolutionizes invoice processing, maximizes efficiency and improves cash flow management. The network also provides users with real-time spend analysis through their Analytics product, and offers access to Early Payment through Tungsten Network Finance, a form of alternative finance for businesses.
Tungsten serves 56% of the Fortune 500 and 67% of the FTSE 100. It enables suppliers to submit tax compliant e-invoices in 47 countries, and last year processed transactions worth over$187bn for organizations such as Alliance Data, Aviva, Cargill, Deutsche Lufthansa, General Motors, GlaxoSmithKline, Henkel, IBM, Kellogg’s and the US Federal Government.