Wednesday 4th June, 2014

Tungsten Network, the global e-Invoicing network built on OB10, has been accredited as a supplier of the UK Government Crown Commercial Service, G-Cloud 5 Framework. 

Tuesday 3rd June, 2014

NHS Shared Business Services (NHS SBS), a leading business support services provider to the NHS, has partnered with Tradeshift to implement e-invoicing through Tradeshift's platform.

Using the platform, NHS SBS will help transform the NHS supply chain by encouraging suppliers to its NHS clients to submit and track their invoices electronically through Tradeshift, making payments more efficient, reducing the burden on NHS resources and helping suppliers receive payments more quickly.

Monday 2nd June, 2014

The amount owed to UK businesses by way of late payments amount to the largest form of credit in the economy according to a new report by Leeds University and Taulia. The report says that this serious threat to the UK economy calls for a new approach to cash flow management from UK businesses in order to secure sustained national growth without a rash of business failures.

Friday 30th May, 2014

Ofsted has announced today that it's to stop using outsourced contractors to carry out school inspections.

The inspectorate’s six year deals with CfBT, Serco and Tribal expire in September 2015 and it has decided that it will bring management of inspections in-house after that.

Thursday 29th May, 2014

Tungsten has announced this afternoon that it has received approval from the UK's Prudential Regulation Authority for the formal change of control in relation to the acquisition of FIBI Bank (UK) plc ("Bank"). The fully UK authorised Bank will be re-named Tungsten Bank and will start offering supply chain finance.