As companies grow, so too do their lists of suppliers. And at some point the list grows so much that it becomes a chore to keep track of contracts not to mention comparing prices on similar items. Tungsten Network provides the real-time insights to make better buying decisions and the ensure contract and policy compliance. How’s that for supplier data management?
Companies who use Tungsten Network’s e-invoicing services receive real-time data on their spending at the supplier, enterprise, service, and individual invoice level. Tungsten Network Analytics improves control over spending and helps to identify price variances on identical products, saving users between 1% – 4% of total spend. In addition, Tungsten Analytics:
- Provides supplier negotiation support
- Delivers rationale for vendor consolidation
- Has easy-to-use reporting tools
Tungsten Network Analytics delivers optimal results with powerful dashboards that allow users to model the implications of different decisions. In short, Tungsten Network takes supplier data management to the next level. Learn more by downloading the informative paper, Insight from a New Approach.