Friday, May 14, 2021

Eka unveils E-Sourcing, a source-to-pay cloud solution that opens a new era in the digitization of supplier management

Cloud-based software provider Eka aims to transform existing supply chain workflows with the unveiling of its platform-driven e-sourcing solution that offers a new standard for collaboration, transparency, efficiency and quality assurance across a wide range of business functions and industries.

Managing supplier operations with existing tools often involves spending hours exchanging emails and phone calls and using spreadsheets to update data, resulting in limited visibility and errors. expensive. Eka’s E-Sourcing addresses these challenges with a platform-driven cloud solution that recognizes and addresses key weaknesses in supply operations while improving supply chain resilience.

Based on Eka’s extensive experience in the automation of the raw materials and direct materials supply chain, E-Sourcing is a one-of-a-kind solution that provides a unified interface, creating mutual visibility and accountability between businesses and suppliers. Through seamless integration with ERP, the solution provides real-time visibility from a single source and enables businesses to react in time to avoid supply disruptions.

Eka’s E-Sourcing meets the very nuanced requirements of supply chain players in the agriculture, energy, food, mining and manufacturing sectors. It leverages powerful collaborative workflows to achieve automated matching of invoices, purchase orders and receipts for faster and more accurate invoice processing.

Manav Garg, Founder and CEO of Eka, said that while the development of E-Sourcing has been guided by the specific needs of raw materials and direct materials companies, Eka will continue to add new capabilities to the solution to expand its use cases to other industries.

Also Read: Securing and Maximizing API Security in a Cloud Environment

Eka’s E-Sourcing creates a fully collaborative network across the supply chain with far greater levels of transparency, flexibility and agility. The value of these benefits goes beyond commodities. It is not difficult to see how such a robust and scalable e-sourcing solution can be applied to multiple business functions within a company, ” Garg said.

Eka’s strength in harnessing the power of the cloud platform, coupled with its continued investment in research and development, means the company is focused on creating solutions that are continuously improved. E-Sourcing capabilities will be expanded for the specific needs of non-commodity manufacturing sectors in the coming months.

Latest news

Fast-Growing Fintech Company, Finexio, Announces Appointment of Joe Proto to Board of Directors

Orlando-based "AP Payments as a Service" company Finexio today announced the appointment of Joe Proto, EVP Senior Advisor at Mastercard, to its Board of Directors. Proto brings...

TechPACT Organization Dedicates Mission to Leading the Charge for Inclusion and Equity in the Technology Industry TechPACT

Founded by a group of impassioned CIOs and technology leaders, TechPACT makes commitments to address inequality within the technology space. Founders pledge to reduce...

Investis Digital Partners with DBSA and Mind to Promote Mental Wellness and Support Physical Health

Investis Digital, a leading global digital communications company, announced that it embarked on a global initiative to empower its employees to take charge of...

Wurl Plots Global Expansion with the Addition of Five Media Industry Veterans to Lead Business Development, Content Strategy, and Sales

Continuing to accelerate its growth and expansion in the US and around the world, Wurl, the leading provider of streaming video distribution and advertising services...

FinScan® Unveils Focus, Its Next-Generation, AI-Powered AML Screening Engine

FinScan, a global leader in anti-money laundering (AML) compliance solutions, today announced the launch of its latest screening engine, Focus. FinScan Focus integrates advanced...

The Evolving World of B2B Marketing Strategies

The way forward for B2B marketing is a clear focus on three things-the customers, technology, and of course, the martech stack that works best-...

Related news

Fast-Growing Fintech Company, Finexio, Announces Appointment of Joe Proto to Board of Directors

Orlando-based "AP Payments as a Service" company Finexio today announced the appointment of Joe Proto, EVP Senior Advisor at Mastercard, to its Board of Directors. Proto brings...

TechPACT Organization Dedicates Mission to Leading the Charge for Inclusion and Equity in the Technology Industry TechPACT

Founded by a group of impassioned CIOs and technology leaders, TechPACT makes commitments to address inequality within the technology space. Founders pledge to reduce...

Investis Digital Partners with DBSA and Mind to Promote Mental Wellness and Support Physical Health

Investis Digital, a leading global digital communications company, announced that it embarked on a global initiative to empower its employees to take charge of...

Wurl Plots Global Expansion with the Addition of Five Media Industry Veterans to Lead Business Development, Content Strategy, and Sales

Continuing to accelerate its growth and expansion in the US and around the world, Wurl, the leading provider of streaming video distribution and advertising services...

LEAVE A REPLY

Please enter your comment!
Please enter your name here