Tungsten InvoiceAgility is an AI-powered, integrated solution designed to streamline accounts payable (AP) processes by automating invoice capture and processing. It enables organizations to handle invoices in any format—paper, PDF, or electronic—from suppliers worldwide, including regions with stringent e-invoicing regulations. By combining the extensive Tungsten e-Invoice Network with advanced capture technologies, InvoiceAgility accelerates invoice processing, reduces errors, and ensures compliance, transforming AP operations into efficient, touchless workflows.
Key Features and Functionality:
- Universal Invoice Acceptance: Processes invoices in various formats, including paper, PDF, and electronic, from any supplier globally.
- AI-Driven Data Capture: Utilizes advanced optical character recognition (OCR) and machine learning to extract invoice data accurately, even from complex scripts and handwritten documents.
- Compliance Management: Automates validation and reporting to meet e-invoicing regulations across over 100 countries, ensuring adherence to local mandates.
- Seamless ERP Integration: Offers pre-built connectors and APIs for major ERP systems like SAP, Oracle, and Microsoft Dynamics, facilitating smooth data synchronization.
- Supplier Self-Service Portals: Provides portals for suppliers to submit invoices and track their status in real-time, reducing inquiries and enhancing transparency.
- AI-Powered Insights: Delivers actionable analytics on supplier invoice trends and cash flow optimization through Tungsten Copilot.
Primary Value and User Benefits:
InvoiceAgility addresses the complexities of modern AP processes by automating invoice handling, thereby reducing manual intervention and processing times from days to minutes. This leads to significant cost savings, improved accuracy, and compliance with global e-invoicing regulations. Organizations benefit from enhanced cash flow management, strengthened supplier relationships due to transparent and timely payments, and the ability to adapt swiftly to changing regulatory environments. By transforming AP operations into efficient, touchless workflows, InvoiceAgility empowers businesses to focus on strategic initiatives rather than administrative tasks.
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Tungsten InvoiceAgility CommunityOverview by
Ellie Ebrahimi (Global Account Based Marketing Strategy / Global Demand Generation)
