Tungsten Corporation PLC Tungsten Network appoints new SVP global sales
13 November 2018 - 8:30PM
RNS Non-Regulatory
TIDMTUNG
Tungsten Corporation PLC
13 November 2018
TUNGSTEN CORPORATION PLC
("Tungsten" or the "Company")
For Immediate Release
13 November 2018
Tungsten Network strengthens its Executive Team with new
hire
Tungsten Network has appointed Andy Bass as its new SVP,
Commercial Development with responsibility for global customer
development and sales. He joins as part of Tungsten's wider growth
strategy. He will form part of Tungsten's leadership team,
reporting directly to Richard Hurwitz, Chief Executive of Tungsten
Network.
Andy is a seasoned professional who brings extensive sales and
business leadership experience, having driven high-performance
sales cultures in an executive capacity at Toshiba UK, Toshiba
Europe, and Lenovo. He has been an executive advisor to Open
Symmetry, a SaaS leader in the Sales Performance Management
ecosystem for the past four years.
"Tungsten Network is a pioneer in a burgeoning industry," said
Andy. "As digital supply chains become increasingly important, the
world's leading organisations see the necessity of digital back
office processes in order to give them a competitive edge. With
years of experience in digitising supply chains through electronic
invoicing, procurement analytics and trade finance, Tungsten
Network represents an exciting new challenge for me."
Richard Hurwitz said: "As Tungsten stands at its growth
inflection, it requires a profit motivated sales leader of Andy's
calibre, with extensive experience running multi-channel global
development and sales organisations. A target and deadline driven
executive, he will focus on ensuring Tungsten Network operates with
high performing teams, tools and processes that will be integral to
delivering profitable growth over the coming years."
Tungsten Network is a global business transaction network,
increasing efficiencies in the invoicing process and delivering
cost savings. It offers electronic invoicing and purchase order
services, procurement analytics, trade finance and a suite of
complementary services and products, helping to remove frictions
from the global supply chain.
Enquiries:
Tungsten Corporation plc +44 (0)20 7280 7983
Richard Hurwitz, Chief Executive Officer
Daniel Brady, Global Communications Manager
Speed Communications
George Beard +44 (0)7980 816 170
Kerry Gould +44 (0)7872 811 735
tungsten@speedcomms.com
About Tungsten Corporation plc
Tungsten Corporation (LSE: TUNG) aims to be the world's most
trusted business transaction network by using data intelligently to
strengthen the global supply chain.
Tungsten Network is a secure business transaction network that
brings businesses and their suppliers closer together with unique
technology that revolutionises invoice processing, maximises
efficiency and improves cash flow. Delivering trusted connections
and streamlined transactions, the network also provides users with
real-time spend analysis and offers access to trade finance through
Tungsten Network Finance.
Tungsten Network processes invoices for 74 percent of the FTSE
100 and 71 percent of the Fortune 500. It enables suppliers to
submit tax compliant e-invoices in 48 countries, and last year
processed transactions worth over GBP164bn for organisations such
as Alliance Data, Cargill, Deutsche Lufthansa, General Motors,
GlaxoSmithKline, Mondelēz International, Henkel, IBM, Kellogg's and
the US Federal Government.
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END
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