Tungsten Network, a privately owned Kofax company headquartered in the UK, was founded in 2000 and operates with approximately 270 employees. The company specializes in IT services and IT consulting, functioning as an e-invoicing network designed to facilitate invoice-to-pay processes.

Revenue

Founded

2000

Headcount

175

Headquarters

United Kingdom

Primary Segment

IT Services and IT Consulting

Ownership

Privately Owned

News Summary:

On August 26, 2026, Tungsten Automation published insights on the interplay between generative AI and Intelligent Document Processing (IDP), highlighting how their combination enhances accuracy, transparency, and consistency across production AI systems through various use cases. This follows news from August 25, 2026, that Royal Bank of Canada (RBC) achieved 97% extraction accuracy by using Tungsten TotalAgility, integrated with generative AI, for document capture and workflow automation. RBC has maintained a partnership with Tungsten Automation for over 25 years, evolving its systems from Kofax Capture to TotalAgility across multiple regions. Previously, on August 20, 2026, a discussion explored the broader impact of AI tools on the workforce, noting that while some companies achieve productivity gains of 163% through AI adoption, many others struggle to realize anticipated benefits from their AI projects.

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