TrustRadius: an HG Insights company

Tungsten AP Essentials

Score8.4 out of 10

11 Reviews and Ratings

Top Performing Features

+14%

Payment Audit Trail

Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.

Cat avg: 8.8

+7%

Advanced OCR

Automatically imports information from invoices, receipts, expense reports, and other scanned documents into the platform.

Cat avg: 8.4

+3%

Automated Accounts Payable Processes

Accounts payable processes are automated based on pre-determined workflows.

Cat avg: 8.7

-6%

Customizable Approval Policies

Policies for different types of approvals can be customized, sent to multiple approvers, automatically approved, etc.

Cat avg: 8.5

Worst Performing Features

-5%

Financial Document Management

Invoices, expense reports, and associated documents are stored within the platform for any future needs.

Cat avg: 8.4

-10%

Payment Status Tracking

Tracks what stage payments are at in the process, from approval to receipt.

Cat avg: 8.9

-9%

Duplicate Bill Detection

Detects duplicate invoices or expense reports to prevent double payments.

Cat avg: 8.8

Tungsten AP Essentials Features from Reviews

Payment Management

Features that allow for the management of payments across various forms of finance/accounting software.

8.4-2%
  • Customizable Approval Policies

    Policies for different types of approvals can be customized, sent to multiple approvers, automatically approved, etc.

    Category average: 8.5

  • Financial Document Management

    Invoices, expense reports, and associated documents are stored within the platform for any future needs.

    Category average: 8.4

  • Payment Status Tracking

    Tracks what stage payments are at in the process, from approval to receipt.

    Category average: 8.9

  • Payment Audit Trail

    Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.

    Category average: 8.8

  • Duplicate Bill Detection

    Detects duplicate invoices or expense reports to prevent double payments.

    Category average: 8.8

  • Advanced OCR

    Automatically imports information from invoices, receipts, expense reports, and other scanned documents into the platform.

    Category average: 8.4

  • Electronic Funds Transfer

    Funds can be transferred via EFT as opposed to paper checks.

    Category average: 8.7

Accounts Payable

Features found in accounts payable software products

8.3-1%
  • Automated Accounts Payable Processes

    Accounts payable processes are automated based on pre-determined workflows.

    Category average: 8.7

  • Vendor Management

    Holds information related to vendor terms and contracts.

    Category average: 8.5

  • Tax Form Preparation

    Allows users to create and share tax forms within the platform.

    Category average: 7.8