Overview

Any invoice, Anywhere, Any way InvoiceAgility is an integrated e-invoicing network and invoice capture solution that simplifies accounts payable through AI-powered automation resulting in unmatched speed, accuracy and compliance.  The integration of these key capabilities into a single invoice workflow automation solution empowers AP teams to:

• Accelerate Invoice Processing: Accept paper, PDF or e-invoices from any supplier anywhere – including countries with e-invoice regulations.
• Ensure Accuracy and Compliance: Validate invoice accuracy, tax compliance and financial workflow rules to speed the invoice accurately through the AP process.
• Get Actionable AI-powered Insights: Analyze supplier invoice trends and optimize cash flow with Tungsten Copilot.

How it works

InvoiceAgility combines the global reach of the Tungsten e-Invoice Network with the seamless integration of Tungsten AP Essentials technology to handle physical invoices. This powerful combination empowers AP teams to accept digital or paper invoices from any supplier, anywhere, including countries with strict e-invoice regulations. Next, advanced validation engines ensure invoice accuracy, tax compliance, and adherence to financial workflow rules, accelerating the AP process. By automating these complex tasks, InvoiceAgility allows your team to process invoices in minutes, not days.

Features

InvoiceAgility delivers an unparalleled blend of power and flexibility for the invoice process.

Receive and process any invoice, any way

• Single Solution for Any Invoice Format Quickly ingest physical or e-invoices from practically any supplier, anywhere
• Invoice Assurance Automatically checks for accuracy, compliance and rules validation

Optimize supplier relationships

• Largest e-Invoice Supplier Network Suppliers around the globe submit e-invoices simply and quickly
• Supplier Visibility Suppliers track status of every invoice and eliminate inquiries to AP
• White Glove Supplier Onboarding Tungsten manages supplier onboarding experience for e-invoice networks

Integrated blend of technical power and flexibility

• AI-Driven Financial Analysis Analyze supplier invoice trends and optimize cash flow with Tungsten Copilot
• Smart Machine Learning Correct errors or exceptions only once as systems improve with every invoice
• Configurable Business Rules and Workflows Customize invoice routing, approval flow, and GL entry for any ERP
• Flexible Network Connections Connect to suppliers via Tungsten network, PEPPOL, or other major networks

Enterprise benefits

Fast, accurate and compliant invoicing drives efficiency throughout the enterprise.

Improve STP

Reduce human touchpoints by over 90% with straight through processing

Reduce Exceptions

Configure business rules to enforce data quality and streamline workflows

Eliminate Supplier Calls

Self-serve portals mean no more calls for invoice status

Build Cash Flow Flexibility

Take advantage of dynamic discounting and supply chain finance options

Delight Suppliers

White glove onboarding gets suppliers and buyers benefiting early

Conquer Compliance

Automated compliance engines fulfill government invoice and finance mandates

Team benefits

InvoiceAgility adds value for anyone who works with invoices.

Accounts Payable

• Consume virtually any supplier invoice, whether physical or electronic
• Process invoices in minutes, reducing DPO (days payable outstanding)
• Automation leads to improved quality, fewer exceptions, and quicker resolutions
• Vendor self-service via e-invoice portals reduces supplier inquiries
• White glove supplier onboarding for e-invoicing, supported by SLAs

Finance

• Avoid late payment fees
• Enhance visibility and creativity in cash flow management
• Negotiate optimal vendor payment terms
• Integrated with your ERP for a single system of record

Suppliers

• Submit invoices your way
• Reduce DSO (days sales outstanding)
• Boost accuracy and speed
• Track invoice status in real-time

Shared Services

• Simplify processes, including automated compliance
• Measure STP (straight through processing), DPO, and more
• Seamless integration with your ERP streamlines reporting

Procurement

• Promote supplier transparency for enhanced business relationships
• Ensure timely payments with real-time status updates for suppliers
• Adapt quickly to supply chain changes with nimble systems