Tungsten Network has launched a purchase order (PO) delivery and acknowledgement service for its 300,000 global customers. The move follows an initial pilot scheme held with selected existing customers currently operating on the Tungsten Network seeking to improve profitability, efficiency and compliance. It comes following increasing requests from Tungsten Network customers to automate the order process adjacent to its core e-invoicing service.
The service enables Tungsten Network members to digitally send purchase orders, and enables the recipients to either accept, reject or amend those purchase orders, with responses returned in a matter of minutes. The service is also designed to improve the first-time match rate between invoices and purchase orders, negates the need for businesses to communicate via email and phone, while also reducing the number of purchase order-related errors before invoices are created.