London, 22 July 2021: Tungsten Corporation plc, a leading provider of digital financial management products and software solutions, is pleased to announce the launch of Email In, a new PDF invoice submission service available for suppliers on Tungsten’s network.
Email In uses Artificial Intelligence to extract and validate data within the PDF file attachment. The service offers semi-automation to eliminate manual inputs, saving time and cost for both supplier and buyer. With each invoice, the data extraction accuracy improves, increasing speed. Getting started requires no technical team support and suppliers can track invoice status at every stage of the process.
The Email In service complements the currently available portal Web Form and Integrated Supplier submission options. All supplier submission options include a complex rules engine to ensure invoices meet regulatory, regional, and buyer requirements.
Marisa Teh, Chief Product Officer for Tungsten Corporation, said, “Today, a large percent of invoices are still delivered via PDF. We’re delighted to offer our suppliers a way to maintain that level of convenience while adding true e-invoicing value. Email In is free to set up and offers a flexible “pay as you go” model.
“Email In is a complementary product that sits alongside our core offering, further broadening our product base and adding to the functionality of the Tungsten Network. Pilot customer response has been outstanding, and we anticipate this launch will further increase supplier onboarding rates across the network”.
|Tavistock Communications Financial PR & IR
+44 20 7920 3150
About Tungsten Network
Our vision is to be the world’s most trusted business transaction network by using intelligent data to strengthen the global supply chain. Trusted, passionate and proven, Tungsten is making the digitisation of global commerce between Buyers and Suppliers faster, easier and smarter.
Tungsten Network processes invoices for 70% of the FTSE 100 and 72% of the Fortune 500. It enables Suppliers to submit tax compliant e-invoices in 53 countries, and last year processed transactions worth over £195bn for organisations such as Alliance Data, Cargill, Deutsche Lufthansa, General Motors, GlaxoSmithKline, Mondelēz International, Henkel, IBM, Kellogg’s and the US Federal Government.