Two of the biggest challenges facing supply chains are high costs and delays.
For the longest time, these hurdles were established as norms that buyers and suppliers simply have to navigate through, but as the demand for more advanced digital solutions surges, there’s currently very little room for errors – or none at all.
From 2020 to 2021, industries across the board witnessed how the pandemic negatively impacted several aspects of supply chains. From production inflation, shipping costs, delivery delays, labor shortages, excess operation costs, to operational holds, it became clear that supply chain disruption is inevitable.
As companies around the global relentless scour for newer and more innovative business models, a more advanced, end-to-end, hyper-automation platform by Nipendo emerges and poses to lead the supply chain revolution.
The Intelligent Intermediator
Established in 2010 by Co-Founders Eyal and Alon Rosenberg, Nipendo was designed as an intelligent intermediator that would ease buyer-supplier relationships through a faster and more cost-effective process. Through cutting-edge technologies like RPA (Robotic Process Automation, AI, and Machine Learning, this solution allows users to streamline interactions and reap trading partner benefits at a minimal cost.
Nipendo’s inception was based on the Co-Founders’ own experience after seeing EPR deficiencies in the source-to-pay industry, which required heavy investments of time, energy, and resources to both parties. It was then that they developed this platform that would enable supply chain efficiency through real-time interaction between companies and suppliers without the need to customize or replace their existing source-to-pay processes and underlying systems. This feature makes it the perfect tool for startups, large enterprises, and everything in between. Their solutions include:
Invoice automation
RFX payment
Business Process Management
Supplier Relationship Management
Accounts Payable (AP) Management
Supplier Onboarding
OCR Extraction and OCR Validation
With the combination of state-of-the-art technologies and innovative methodologies, an end-to-end supply chain process is made possible through a single platform. From the reduction of manual intervention to the simplification of invoicing, Nipendo’s core function is to increase every organization’s competitive advantage and improve the supplier’s onboarding process.
If You’re a Buyer…
Buyers can take advantage of Nipendo’s ADDS-ON to bring further automation to obsolete manual processes. This solution allows you to automate P2P and SRM processes, reduce tedious activities, and gain 90% supplier participation in procurement and AP processes. Even better, this cloud-based process automation technology works in the background, allowing you to focus on your usual business operations.
From simplified communication, touch-free and error-free P2P processes, to a significant cost production, Nipendo delivers a better buyer experience through its transparent collaborative platform where interactions flow swiftly, efficiently, and accurately.
If You’re a Supplier…
More often than not, suppliers use multiple platforms to communicate with buyers, whether it’s purchasing orders, invoices, or shipping notifications to name a few. Investing in different platforms is costly, and learning each one of them is time-consuming. Nipendo intends to revolutionize this approach through its end-to-end platform with existing ERP and accounting systems.
This solution handholds suppliers, ensuring that all requirements are met and discrepancies are instantly identified. Once errors are found, their correction is mandatory before processing continues, ensuring that only accurate information is transmitted to the ERP system.
Today, Nipendo is a sought-after platform by cross-vertical medium-sized and large enterprises worldwide, significantly helping them minimize costs, improve procurement, and enhance supply chain efficiencies.
Read more:
This Company is Leading the Supply Chain Revolution
