Any eProcurement software comparison should include an answer to the following question: Does it offer insights into spending and payment that can help to reduce redundant or overspend?
Tungsten Network does this — and more.
Tungsten Network e-invoicing customers gain insight into previously inaccessible data and savings opportunities in real time. With Tungsten Network Analytics, customers enjoy:
- Supplier negotiation support and vendor consolidation rationale
- Easy to use reporting tools and robust, real-time data
- Historical and real-time price variance analysis
- Contract and policy compliance
Customers utilizing Tungsten Network Analytics are saving an annual average of 1-4% of total spend. Keep that in mind when you are doing your eProcurement software comparison. For further details, download the informative paper to your right.