24th Feb 2014 09:41
LONDON (Alliance News) - Tungsten Corporation PLC Monday said its OB10 e-invoicing network has extended its partnership with Mexico's Buzón E, signing a deal that will see the Mexican company reselling OB10's straight-through-processing services in the country.
In a statement, Tungsten said that Buzón E's parent company, shipping firm Estafeta, has become the first buyer customer to join the network in the region.
Electronic invoicing is mandated for all Mexican companies, and due to recent legislative changes, organisations can no longer self-generate electronic invoices but must send them through one of 77 authorised service providers, including Buzón E.
Tungsten Corporation shares were down 0.1% at 295.7 pence Monday morning.
By Steve McGrath; [email protected]; @SteveMcGrath1
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