500k
annual savings in year 1
85%
STP rate
54%
of suppliers switching to e-invoicing
Within six months, 38% of suppliers had converted to e-invoicing, with a further 16% in the process of switching. By that time, Schneider Electric had already realized $200,000 in operational savings and could project $500,000 in annual savings with Tungsten Network fully deployed. With e-invoicing, Schneider has experienced fewer errors, faster cycle time and more invoices processed straight through without requiring manual intervention.
Meet Mondelēz International
Mondelēz International empowers people to snack right in over 150 countries around the world. We're leading the future of snacking with iconic global and local brands such as Oreo, Ritz, LU, Clif Bar and Tate's Bake Shop biscuits and baked snacks, as well as Cadbury Dairy Milk, Milka and Toblerone chocolate.
Product
Tungsten