Mondelēz International achieves 92% on time payment

 

Mondelez International (MDLZ) is the world’s largest snack producer with a service network that spans 165 countries. It is supported by a large global network of suppliers, and worked with Tungsten Network to automate its Purchase Order-based invoices, requiring full integration with their ERP platform, SAP and SRM 7.0.

To improve electronic invoicing adoption, straight-through processing, and on-time payments, Tungsten worked with MDLZ in the United States, Canada, Europe, AMEA, and Latin America. implementing electronic invoicing, purchase order services, invoice status service for supplier visibility, and a report service for insights into business practices impacting straight-through processing.

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