Global tax digitalisation is growing globally and over 60 countries currently have e-invoicing mandates. There is no single global e-invoicing standard so different countries have different e-invoicing requirements.
Organisations today are rethinking their operations, adapting to a more distributed workforce, and seeking ways to reduce operational expenses. A common focus of these efforts is to modernise accounts payable and receivable processes, making them more digital and data-driven. One significant way to achieve this is through electronic invoicing.
Cobwebb can help your business by implementing Tungsten e-Invoice Connect which offers an effective solution to transform your invoice processing to comply with mandates, increase efficiency and savings. Contact us to find out more.
Benefits
- EU Compliant
- Efficient invoice management
- Multi-lingual
- Improves vendor and supplier relationships
- Reduces manual operations
Why Choose Tungsten e-Invoice Connect?
Compliance with Global Standards
Many countries, especially in Europe and the Asia/Pacific region, are implementing mandatory e-invoicing regulations. Tungsten e-Invoice Connect ensures your organisation can comply with these requirements, making global invoicing seamless and straightforward.
Significant Cost Savings
Switching to e-invoicing can reduce invoice processing costs by up to 80%. By accelerating the procure-to-pay lifecycle, you can drastically cut down on both the cost and time required to process each invoice.
Enhanced Buyer-Supplier Relationships
This platform eliminates common issues like supplier onboarding challenges, invoice duplication, and manual data entry errors. By enabling fast and accurate invoice processing, Tungsten e-Invoice Connect fosters stronger, more efficient relationships throughout your supply chain.
Improved Employee Efficiency
Automated data matching, validation, and delivery mean your employees spend less time on paperwork and more time on value-added tasks. This leads to quicker vendor payments, fewer errors, and increased employee satisfaction.
Tungsten e-Invoice Connect creates a seamless connection between buyers and suppliers, integrating effortlessly into your existing accounts payable practices. This transition to e-invoicing brings about:
- Increased efficiency and automation
- Reduced risk of errors and fraud
- Significant cost savings
Join the growing number of businesses that are embracing electronic invoicing and transforming their invoice processing with Tungsten e-Invoice Connect. Make the shift today and experience the benefits of a more efficient, cost-effective, and environmentally friendly invoicing solution. Call us today and find out how we can help your business.