Tungsten Network, a privately owned subsidiary of Kofax, is a UK-based IT services and consulting company founded in 2000. Employing approximately 270 people, the company's primary offering is an e-invoicing network designed to streamline invoice processing and payment procedures for businesses.
McKinsey's study found that banks using AI extensively can increase development speed by 30-50% and unlock $1 trillion annually globally. Tungsten Automation partners with other leaders in workflow automation and artificial intelligence, assisting users with development and deployment and contributing to the Tungsten Marketplace. Tungsten Automation announced a unifying vision for the Tungsten Automation Platform (TAP), which integrates its products and solutions to help organizations achieve measurable value. This was reinforced in a second announcement regarding TAP and its purposeful AI.
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