08:02 Tue 05 May 2015
Tungsten Corp PLC - Tungsten Network launches new Mexico solution
TUNGSTEN CORPORATION PLC
("Tungsten" or the "Company")
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM
For Immediate Release
Market update
Tungsten Network launches new
All invoices raised in
Tungsten has teamed up with local intermediary Buzon-e to offer a streamlined process to create a legally compliant invoice that also has the necessary commercial information and makes invoice processing more efficient, so suppliers can get paid quicker.
"Our new process is live and I recently saw first-hand the benefits it is having on businesses big and small. E-Invoicing is now smoother for everyone, saving valuable time."
Tungsten Network has expanded its dedicated team in
Truell added, "The Mexican government is extremely forward thinking to be driving the adoption of e-invoicing, which can only help to cut fraud and speed up processes. E-invoicing is the future - saving time, money and cutting bureaucracy."
Enquiries:
Tungsten Corporation plc
(Nominated Adviser and Joint Broker)
(Joint Broker)
Simon Bridges/Peter Stewart/Cameron Duncan +44 20 7523 8000
About
Buyer organisations that join Tungsten Network, the world's largest compliant electronic invoice network, can reduce their invoice-processing costs by 60%. Suppliers benefit from efficiencies, greater visibility of their invoice status and peace of mind. Tungsten offers supply chain financing through Tungsten Bank*; and helps buying organisations profit by applying real-time spend analytics to its vast repository of line-level invoice data.
Tungsten serves 56% of the Fortune 500 and 67% of the FTSE 100 by connecting the world's largest companies and government agencies to their thousands of suppliers around the globe. It enables suppliers to submit tax compliant e-Invoices in 47 countries, and last year processed transactions worth over
Contact: Juliana Wheeler, Head of
juliana.wheeler@tungsten-network.com
*
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