Reducing redundant and overspend should be the goals of solid management tools. And with Tungsten Network, they are.
With Tungsten Network, e-invoicing customers gain insight into data and savings opportunities in real time that were previously inaccessible. And customers of Tungsten Network enjoy:
- Historical and real-time price variance analysis
- Supplier negotiation support and vendor consolidation rationale
- Contract and policy compliance
- Easy to use reporting tools and robust, real-time data
Tungsten Network customers utilizing the Tungsten Analytics platform are saving an average of 1-4% of total spend. How is that for effective procurement management tools? For further details, download this category insight.