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E-invoicing, SCF & E-procurement

Tungsten Network joins UK's G-Cloud 6 framework

Thursday 19 March 2015 | 09:10 AM CET

Tungsten Corporation, a global e-invoicing, spend analytics and invoice financing company, has unveiled that Tungsten Network, a compliant e-invoicing network, has been awarded a place as a supplier on the UK Government`s G-Cloud 6 framework.

This means that Tungsten Network's e-invoicing and analytics services can be purchased by public sector agencies via the government's Digital Marketplace, an online store where suppliers provide their services to the public sector via the G-Cloud framework.

G-Cloud 6 is a pan government collaborative framework agreement for use by UK public-sector bodies. It is managed by the Crown Commercial Service and includes central government departments and related bodies and agencies, non-departmental public bodies, NHS trusts and local authorities.

This follows Tungsten Network's earlier placement on G-Cloud 5, a prior iteration of the framework, and is the latest step in Tungsten's public sector activities. The G-Cloud and associated Digital Marketplace enables the public sector to tender competitively for the services covered by the framework. The UK has some of the highest costs for public sector tender processes in Europe, often costing over GBP 45,000 per process.

In recent news, Tungsten Corporation has been selected by Honda Logistics North America (HLNA) to automate its accounts payable (AP) processes.

For more information about Tungsten, please check out a detailed profile of this company in our dedicated, industry-specific online companies database.

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