Kerry Group is a leader in the food ingredients industry and has already been processing invoices electronically for 8 years (since 2006) in the UK and Ireland with Tungsten Network. As you all know, the Tungsten Network is the global trading network built on OB10 e-Invoicing.
Having renewed its contract, Kerry is extending the benefits of invoice automation globally to include all its businesses across Europe, North America and Asia. 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.
Tom Murphy, Group Chief Procurement Officer at Kerry Group:
“Following a thorough review of the market, we chose to continue working with Tungsten Network to build on the success of our existing programme. In particular, we value the functionality of the Tungsten service, the steadfast focus on compliance and its expertise in supplier engagement.”
Edmund Truell, Group CEO of Tungsten Corporation:
“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. 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.”