Countries all over the world start implementing e-invoicing. And with it, they mostly develop fiscal e-invoicing schemes that differ from state tot state. That is why it is important to have a service provider that provides compliance in the states where your customers/suppliers are situated.
Recently Tungsten added Saudi Arabia to its already impressive list of countries where they help organisations to streamline their processes and to achieve compliant straight-through processing.
That especially convenient for the King Abdullah University of Science and Technology (KAUST), which joined the network in 2013. It is now the first buyer customer of Tungsten in Saudi Arabia that will streamline their processes around the world and achieve compliant straight-through processing.
Edmund Truell on compliant e-invoicing in Saudia Arabia
Following in-depth research and technical development, Tungsten Network allows customers to send and receive domestic and offshore electronic invoices that comply with Saudi Arabian commercial law and qualify as a legal invoice.
“Our goal is to become the world’s largest electronic trading network and allow our customers to transact seamlessly with suppliers around the globe. Achieving Saudi Arabian compliance brings us closer to that objective. I’m delighted to give our customers access to another important geography where they can reap the financial and environmental benefits of e-Invoicing. We look forward to bringing our secure, smart, fast electronic invoicing network to even more territories in the coming months.”
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