Tungsten secures new customer win
By Iain Gilbert
Date: Friday 11 Dec 2020
(Sharecast News) - Business transaction network provider Tungsten Corp said on Friday that it had secured business process outsourcing firm MSX International as a new customer.
Tungsten will use its AP solution to allow MSX to integrate existing workflow into the journey from initial invoice receipt through to payment submission.
The AIM-listed firm will help accelerate onboarding for over 2,000 MSX suppliers, offering exception management and complete invoice data visibility throughout the process.
Chief executive Andrew Lemonofides said: "With the Tungsten AP Solution and our proven approach to rapid supplier onboarding, we look forward to helping MSX reaching its 90% digitisation goal, driving efficiency and reducing cost along the way.
"It's an exciting time of growth for both our companies and we look forward to building a successful partnership with MSX."
As of 0935 GMT, Tungsten shares were up 3.23% at 28.80p.
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