![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tungsten Corporation Plc | LSE:TUNG | London | Ordinary Share | GB00B7Z0Q502 | ORD 0.438P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 54.60 | 54.00 | 55.20 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMTUNG
RNS Number : 8100N
Tungsten Corporation PLC
31 July 2014
TUNGSTEN CORPORATION PLC
("Tungsten")
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN NOR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
For Immediate Release 31 July, 2014
Kerry Group takes e-Invoicing global with Tungsten Network
Invoice automation delivers straight-through processing for food ingredients firm
London, 31 July - Kerry Group, a leader in the food ingredients industry, has been processing invoices electronically in the UK and Ireland with Tungsten Network, the global trading network built on OB10 e-Invoicing, since 2006. Having renewed its contract, Kerry is extending the benefits of invoice automation globally to include all its businesses across Europe, North America and Asia.
Kerry Group is rolling out e-Invoicing, Purchase Order Services and Invoice Status Service with Tungsten to achieve straight-through processing and improve payment on time for suppliers.
"Following a thorough review of the market, we chose to continue working with Tungsten Network to build on the success of our existing programme," says Tom Murphy, Group Chief Procurement Officer at Kerry Group. "In particular, we value the functionality of the Tungsten service, the steadfast focus on compliance and its expertise in supplier engagement."
"Kerry Group has shown its commitment to e-Invoicing over the past eight years by being both a buyer and a supplier on the Tungsten Network," says Edmund Truell, Group CEO of Tungsten Corporation. "We are delighted to introduce the benefits of purchase-to-pay automation to Kerry's operations and suppliers around the world, and help strengthen its supply chain through our global trading network."
About Tungsten Corporation plc
Tungsten Corporation (LSE: TUNG) accelerates global trade by enabling customers to streamline invoice processing, improve cash-flow management and make better buying decisions from their detailed spend data.
Buyer organizations that join Tungsten Network, built on OB10 e-Invoicing, can reduce their invoice-processing costs by 60%. Suppliers benefit from efficiencies, greater visibility of their invoice status and peace of mind. Tungsten offers supply chain financing through Tungsten Bank to suppliers and helps buying organisations profit by applying real-time spend analytics to its vast repository of line-level invoice data.
Tungsten connects the world's largest companies and government agencies to their thousands of suppliers around the globe. It is compliant in 46 countries, and processes transactions worth over $187bn per year for organizations such as Alliance Data, Aviva, Cargill, Deutsche Lufthansa, General Motors, GlaxoSmithKline, Henkel, IBM, Kellogg's, and US Federal Government.
Tungsten Corporation joined forces with OB10 in 2013 to create the world's largest electronic trading network.
Contact: Sandra Higgison, Head of Global Communications, +44 20 7280 7973
sandra.higgison@tungsten-network.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGMGFNFGGGDZZ
1 Year Tungsten Chart |
1 Month Tungsten Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions