Kofax Acquires London-Based Tungsten B2B E-Invoicing Network.
MANews-(C)2009-2022
California-based intelligent automation software supplier Kofax has acquired London-based B2B e-invoicing network Tungsten Corp., facilitating and streamlining complex invoice-to-pay processes, the company said.
Terms of the transaction were not disclosed.
Tungsten provides a platform for onboarding of suppliers, PO exchange, invoice processing, e-invoicing, compliance and payment processing.
Through its invoice processing and AP Automation portfolio, Kofax offers intelligent automation in more than 40 country formats and more than 100 languages, along with workflow and connectors to multiple ERP systems from SAP, Oracle, Microsoft and Infor.
Combined, Kofax and Tungsten will support organisations at every level of maturity in their journey toward true e-Invoicing...
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