Smarter, Streamlined Financial Processes Start with Invoice Intelligence

At Tungsten, we make invoice automation simple. Our AP and AR automation software uses AI-powered automation to eliminate slow downs in your AP processes and improve your invoice speed, accuracy, and compliance. If you’d like to learn more about how our AP and AR automation processes work, request a demo today. Our sales team will take the time to understand your unique challenges and show you how Tungsten’s invoice automation software can enhance your accounts payable team.

Our industry-leading invoice automation software is making a big difference across the globe. See how clients have used Tungsten AP and AR automation to improve their AP processes:

• Pfizer realized savings of more than $2 million each year with Tungsten invoice automation.
• Kroger freed up time to focus on value-add activities with the help of invoice automation.
• SignUp Software tested eight different invoice automation software and found that Tungsten outperformed all.
• Thermo Fisher Scientific saw a reduction in the number of lost or unpaid invoices after introducing Tungsten’s automated invoice processing.

Under the umbrella of AP and AR Automation, we offer a range of products to suit your needs, including:

• InvoiceAgility: Reap the benefits of our Tungsten e-Invoicing Network and Tungsten e-Invoice Connect with the capabilities of our leading capture technology to capture incoming paper or digital invoices, simplifying accounts payable through AI-powered automation for unmatched speed, accuracy and compliance
  • Swiftly capture, codify, and route invoices in a range of different formats, like paper, PDF, and more.
  • Largest and most robust e-invoice platform, connecting businesses, suppliers and their financial institutions in a proprietary digital network. This facilities the secure exchange of electronic invoices that meet country and regulatory mandates.
  • Seamlessly connect to networks like Peppol. Converts invoices to the appropriate format and transfer them to the correct receiver — reducing manual work and errors, reading and delivering invoices in the format both buyers and suppliers prefer.
• Our enterprise, workflow and ERP-centric AP solutions include:
  • Process Director: extends workflows in SAP
  • MarkView: extends workflows in Oracle
  • AP Agility: extends workflows in any ERP

When you take advantage of InvoiceAgility from Tungsten, you gain access to the Tungsten e-Invoice Network, our proprietary digital network that connects business, suppliers, and financial institutions, you’ll discover massive savings. The average cost-per-invoice with Tungsten e-Invoicing is just $2. Compared to the global invoicing average of $10.89 per invoice, that’s a savings of over 80%. Not only can e-invoicing save you money, but you’ll achieve greater compliance, smoother logistics, strategic insights, and more.

While your accounts payable team may not be able to be fully automated, many of their processes can. Invoice processing automation can:

• Reduce inevitable mistakes as a result of human error
• Increase invoice processing speed for on-time payments
• Free your staff to work on value-driving work
• Improve your cash flow management
• Enhance supplier relationships
• Track and manage compliance and financial and governmental regulations
• Reduce the likelihood of security breaches
• Provide insights into AP performance and financial data