With the vision of connecting businesses to their supplier ecosystem in a seamless, paperless, and frictionless manner, Eyal Rosenberg, Co-founder and CEO of Nipendo, explains how they automate the P2P process through its multi-enterprise cloud platform— Nipendo Supplier Cloud. The platform allows buyers and suppliers to interact electronically and remove the vast majority of manual touch points throughout the entire P2P process.
Building on years of intimate familiarity with the challenges of B2B integration and the limitations of existing solutions, Rosenberg’s idea was simple yet revolutionary: “If we can understand the content of the documents passing through the system and know the business process logic, we can dramatically simplify integration, eliminate manual intervention, prevent errors, and automate decision making.”
Nipendo’s technology allows enterprises to leapfrog from a centralized to distributed supplier network. Once connected to the network, they can communicate with any organization without any additional integration or customization. It brings buyers and suppliers closer, providing them with end-to-end P2P process automation and removing barriers to entry for all suppliers, regardless of size and technical capabilities.
The goal here is to connect buyers and suppliers through a unifying language that enables automation of the entire Procure-to- Pay process
The company’s cloud-based platform has standard integration with most common ERPs and supports all common file standards including EDI and cXML. Once linked to the Nipendo platform, organizations can communicate and collaborate electronically with all current and future partners with no additional investment, regardless of their ERP system, data requirements, or specific business processes. To ensure security and privacy, buyers and suppliers can selectively dispense the information they would like to share with each trade partner.
Nipendo Supplier Cloud can manage all types of spend categories, automating even the most complex P2P processes and eliminating the need for separate solutions across the organization. While some organizations look at Nipendo as a way to expand their current EDI programs, others view the Nipendo solution as a way to leapfrog EDI altogether. By forming strategic partnerships with leading service providers operating across five continents, the company is rapidly expanding its global footprint. “We enable companies across the globe to transform their supply chains from simple connectivity and labor-intensive operations to robotic process automation—this is what companies need in order to compete in this new networked era,” concludes Rosenberg.