Changing government regulations are a driving force behind the C-level executive search for an electronic invoicing and payment option. From receipt and processing of electronic invoices and payment on the side of the buyer to e-invoice submission and early payment on the side of the supplier, greater compliance is necessary for avoidance of financial and tax penalties.
As a global e-invoicing provider, Tungsten Network onboards suppliers only after they have been properly vetted. The in-house supplier onboarding process delivers the high levels of control and transparency that C-level executives require. The compliance requirements of countries differ and Tungsten Network understands this, addressing the variances by:
- Engaging an official tax advisor to ensure readiness
- Ensuring all data fields are populated and accurate
- Verifying and validating supplier info with external databases
Tungsten Network doesn’t stop there, but continues to offer maintenance and support for changes in compliance requirements. See how your global organization can avoid costly penalties and receive strategic value from transforming your AP department by downloading this special report today.