Business continuity is more important than ever.

The COVID-19 pandemic and resulting economic downturn have shifted the focus of finance transformation activities from growth, efficiency, and business partnership to business continuity. (Source: Gartner, “Evaluating your Finance Transformation Program during a Pandemic)

10 years ago we convinced ourselves we had survived a “Black Swan” event, the one in a hundred-year crisis. The reality is that turbulence is becoming a regular feature – From the Financial Crisis, Trade Wars, Brexit, Refugee Crisis, and now COVID-19, the nature of work is constantly changing.

CFO’s, Finance Leaders, and Treasurers worldwide are looking to preserve liquidity and keep a tight rein on cash for the foreseeable future.

Total invoice automation affords you the opportunity to do just that – Continue on-time payments, unlock working capital, and maintain positive relationships with your suppliers.

Onboard your Suppliers

With employees still working remotely and no change in sight, Tungsten is here to work with you and onboard your Suppliers, just like we always do. We’ve put an accelerated enrollment process in place supporting our customers around the world.

As we work with your suppliers, we make sure to provide insight into the benefits they receive from joining our network. For example, at GSK, 95% of invoices delivered electronically are now paid on time, speeding up the payment process for suppliers globally.

How are you preparing for the aftermath of COVID-19?

We’re working with customers around the world as they move away from paper-based processes in response to COVID-19, but what happens next? We’re gathering input from the best and the brightest to understand how we can continue to support you on your journey to world-class.