14th Nov 2014 08:32
LONDON (Alliance News) - Tungsten Corp PLC, the electronic trading network company, Friday said it has been chosen by three North American organisations to facilitate invoice automation and provide data gathering tools.
The new customers are LegalShield, an Oklahoma-based provider of pre-paid legal services, Local Government Information Systems, an association of local government municipalities in Minnesota, and Agnico Eagle Mines, a mining company headquartered in Toronto with primary operations in Quebec.
"We are pleased that three new buyer organizations have selected DocuSphere's workflow and OCR tools as an entrée to the Tungsten Network. Since Tungsten acquired DocuSphere in September, we have made great progress in extending our portfolio deeper into the Procure-to-Pay process," Richard Hurwitz, Tungsten's chief executive in the Americas, said in a statement.
"In addition, the DocuSphere team and tools have been well received by several major Tungsten customers in order to improve their Network integration. The combination of Tungsten and DocuSphere is proving compelling to users," Hurwitz added.
Tungsten shares were up 1.0% at 283.58 pence on Friday.
By Samuel Agini; [email protected]; @samuelagini
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