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E-invoicing, SCF & E-procurement

Tungsten Network receives first TrustWeaver-Verified Trust Mark

Wednesday 23 December 2015 | 08:28 AM CET

TrustWeaver, a provider of cloud-based document compliance solutions, has awarded the first TrustWeaver-Verified Trust Mark to Tungsten Network.

The TrustWeaver-Verified program helps businesses better understand the varieties of tax compliance covered by a third party operator’s services. Tax regulation, and the many requirements that stem from value-added-tax (VAT), cover a variety of invoicing and accounting functions.

The TrustWeaver-Verified Trust Mark states four areas of compliance that a vendor has been assessed on by TrustWeaver’s auditors:
• The management of invoice integrity and authenticity
• Archiving and auditor access
• End-to-end controls between the trading partners and the service provider
• The service provider’s processes to ensure that invoices contain all legally required data fields.

Tungsten Network, part of Tungsten Corporation, is a global e-invoicing, invoice finance and spend analytics company working to help companies improve cash flow and make better buying decisions.

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