72%
of suppliers live with e-invoicing
900,000
invoices enabled within2 months
1.25 million
paper invoices each year
Tungsten stood out in a variety of ways, most notable because of its supplier onboarding capability. The focus on VAT compliance, as well as its straightforward pricing model, were also influential in the decision-making process.
Jens Fischer
Global Process Manager - Purchase to Pay
THE CHALLENGE
Despite having self-billing in place, Henkel continued to handle 1.25 million paper invoices each year. In order to deliver further automation and efficiency, they decided to explore e-invoicing as a complementary process to their existing AP technology.
Meet Henkel
Henkel is a consumer goods organization of 50,000 employees, responsible for well-known brands such as Persil, Schwarzkopf, and Loctite. Operating worldwide, the company is leading innovation and technology in three key business sectors: Adhesive Technologies, Beauty Care and Laundry & Home.
Product
Tungsten