Tungsten Network

E-invoicing network acquired by Kofax / Tungsten Automation.

Definition

Tungsten Network (formerly OB10) provides invoice submission via web portal, EDI, PDF OCR, REST/SOAP API. Country-by-country pre-validation, QES (Qualified Electronic Signature) legal archiving for Germany, Spain, Italy. Acquired by Kofax in 2022 ($150M) then rebranded Tungsten Automation following the Kofax + Ephesoft merger in 2023.

Origin

OB10 founded 2000 (London), rebranded Tungsten Network 2014 after Tungsten Corporation IPO, acquired by Kofax in 2022.

Usage

Procure-to-pay / AP automation for Walmart, Kraft Heinz, GlaxoSmithKline, Unilever. Supplier fees have been controversial, ICAEW audit 2020.

Related terms

• Kofax — parent société.
• AP automation — cas usage.
• OB10 — ancien nom.