As part of our overall strategy to move away from paper-based processing, BT has implemented an electronic invoicing program for all invoices submitted from their goods and service providers. More than 80% of our UK suppliers have already eliminated paper invoices.
What this means for your business
When you enroll on the Tungsten Network you will experience a better service from our accounts payable department when they process your invoices.
Tungsten Network provides significant benefits to your business including:
- Fast, guaranteed invoice delivery 72.9% of users get paid earlier than with paper, as we will receive your invoices within hours so we can process them faster
- Early invoice data validation Tungsten Network validates your invoice data, in your own format, so they are approved promptly
- Greater visibility of your invoice status no more chasing accounts payable: see your invoice status at any stage
- Predictable payments 78.7% of users see a predictability improvement, enabling you to plan your cash-flow with confidence
For more information about how to submit invoices through Tungsten Network contact us today to register for an account. You can also download our informative report here.