Advantages Of Straight Through Processing

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With approximately one in every three invoices generating an exception, enterprise finance and procurement departments are allocating unnecessary resources to process mistakes. Whether these exceptions are due to price or quantity discrepancies, incorrect or missing purchase order numbers, or delivery issues, they’re costly — both in terms of time and money. And that’s where Tungsten Network comes in.

Tungsten Network offers straight-through processing (STP) consulting and process optimization, which enables enterprises to boost invoice automation rates.

Key advantages of straight-through processing with Tungsten Network include:

  • Increased e-invoicing ROI
  • Improved spend compliance
  • Increased working capital

To learn more about the advantages of straight-through processing and other ways to drive profitability and growth, download our whitepaper today.

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