Kerry Group has announced it has been processing invoices electronically in the UK and Ireland with Tungsten Network since 2006.
However, having renewed its contract, Kerry Group is now extending the benefits of invoice automation to include all its businesses across Europe, North America and Asia. Also, Kerry Group is rolling out e-Invoicing, Purchase Order Services and Invoice Status Service with Tungsten to achieve straight-through processing and improve payment on time for suppliers.
“Following a thorough review of the market, we chose to continue working with Tungsten Network to build on the success of our existing programme,” says Tom Murphy, Group Chief Procurement Officer at Kerry Group. “In particular, we value the functionality of the Tungsten service, the steadfast focus on compliance and its expertise in supplier engagement.”
“Kerry Group has shown its commitment to e-Invoicing over the past eight years by being both a buyer and a supplier on the Tungsten Network,” says Edmund Truell, Group CEO of Tungsten Corporation. “We are delighted to introduce the benefits of purchase-to-pay automation to Kerry’s operations and suppliers around the world, and help strengthen its supply chain through our global trading network.”
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