The Cost-Effective Way to Modernize RFP-to-Pay
Ilan Friedman
American-Israeli with 25 years of experience in global business development, marketing, and sales including ideation, strategy, innovation-scouting, messaging, and branding. #ViewsMyOwn
Organizations that interact with large numbers of suppliers are familiar with the pains associated with the exchange of procurement documentation and the cumbersome management of their supply chain.
In the search for tools to reduce processing time, errors, and mismatches and to ensure the accurate and timely supply of goods and services, companies often find their options are exorbitantly expensive and that their deployment is lengthy and complex. Furthermore, many solutions have limited success encouraging supplier participation, raising the concern that the investment might not be worthwhile.
In comes Nipendo – an end-to-end platform that intelligently automates all RFP-to-Pay processes between buyers and suppliers. The platform seamlessly integrates into an organization's existing ERP system without requiring its replacement or customization, and which enables procurement staff to continue working in a familiar environment and with familiar processes.
The magic takes place in the cloud, where RPA, Machine Learning and Artificial Intelligence technologies enable complete process automation, rule governance, error capture and discrepancy management, and much more.
But it doesn't end there. Nipendo's platform was not only designed to bring efficiencies to organizational P2P processes – but also to ensure supplier participation by enabling them to perform cost-effective B2B integration, or to use email, web-portal or mobile phone. Whichever method or combination of methods they choose, they and the buying organization enjoy the full benefits offered by Nipendo – automation, speed, accuracy.
And here's the best part – Nipendo has a track record of deploying within less than 10 weeks at a fraction of the cost you'd expect to pay. Furthermore, it has demonstrated a rate of supplier participation, which exceeds 90%!
If you're searching for a cost-effective way to modernize RFP-to-Pay processes without the associated headaches, you might want to take a closer look at Nipendo!
Ilan Friedman