RE: Last Post Here28 Oct 2015 13:29
GSmiley - thanks for your input, I wish you well with future investments
Although not happy with the mounting delays I am now happy that we have a board in place who will guide TUNG through to the appropriate business/operating model resulting in a sustainable profitable business - E Invoicing is becoming standard practice, particularly for global organisations and countries which need to curtail improper practices.
TUNG currently have a distinct advantage as I believe they are the only organisation that is truly legally compliant in 47 countries - Tungsten need to ensure that they maintain this advantage
The B2G mandates in the US and EU will speed up adoption significantly
Tungsten do charge suppliers for using their network, the amount depends on the transaction type and volume but typically they pay both a subscription fee and invoice processing fee