Tungsten Network accredited as a supplier on the UK government’s G-Cloud 5 Framework
UK Public Sector Gains Easier Access To The Benefits Of Electronic Invoicing And Spend Analytics
Tungsten Network Accredited on G-Cloud 5
Tungsten Corporation plc (LSE:TUNG) is delighted to announce that 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.
About the Crown Commercial Service Framework
Managed by the Crown Commercial Service, this is a pan government collaborative framework agreement for use by UK public-sector bodies, including central government departments and their arm’s length bodies and agencies, non-departmental public bodies, NHS bodies and local authorities.
Strengthening Public Sector Relationships
Tungsten Network sees this development as a major step in cementing its relations with the public sector and strengthening its operations. Accreditation will help to accelerate business development as public-sector bodies benefit from pre-negotiated terms and fixed prices. It also eliminates the need for the public sector to tender competitively for the services covered by the framework, which in the UK can cost over £45,000 per process, the highest in Europe.
CEO Perspective on G-Cloud 5 Participation
Edmund Truell, Group CEO, Tungsten Corporation said, “We are delighted to be part of the G-Cloud 5 framework. This is another key development for Tungsten Network as we expand our customer base, and bring the value of electronic invoicing to governments and their citizens around the world.”
