Source-to-Pay

We spend a lot of time on reconciliation process leading to inefficient procure to payment cycle. How can Eka S2P solution help to minimize the delay with accuracy?

Eka S2P solution is automates the process from raising PO to invoicing to final payment with existing ERP/systems. Additionally, to improve reconciliation, Eka has an automated 3-way match among PO, invoices and receipts before the payment can be done. We also have exception management mechanism with timely notification to stakeholders augmenting transactional processing efficiency.

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We require process tailoring for our specific needs such as managing contracts and sampling processes. How can Eka S2P solution fulfill such customized requirements?

Eka S2P solution comes with OOTB source to pay processes for multiple industries such as metals and mining, agriculture, dairy, and manufacturing. Some of such processes are handling tolling contracts, weighing, and sampling, assaying, multi-party ticketing, manage grain flow movements and price discovery. And our solution is based on low-code/no-code Eka platform, providing easy and simple configuration-based customization to tune to required processes.

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We already have ERP system deployed but some of our procurement processes are still manual. We do not want to invest more, Is Eka’s S2P solution cost effective?

Our S2P solution is cloud driven SaaS based offering with lean commercial model. Unlike many players in market, we do not have module wise or supplier network specific subscription fees. Our solution also comes with pre-built connectors/APIs to seamlessly connect to existing ERPs. Eka will integrate to existing ERP and help your Suppliers and Business Partners streamline business process without any software application requirement.

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We sometime require ad-hoc raw-material from suppliers, how can Eka S2P solution manage such requirements?

Our solution has OOTB spot buy features with quick option to accept/reject or negotiate offers from multiple suppliers. Buyer user can quickly investigate the supplier analytics to see numerous data-points and finalize supplier within hours rather than days.

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We have more than 100 domestic and international suppliers, how can Eka S2P solution help to streamline the collaboration?

Eka S2P solution provides seamless registration for unlimited suppliers by looking into several parameters such as rating and past performance. Buyer and supplier can exchange purchase orders, invoices, receipts, spot offers and contractual documents through the portal, thus removing communication delays and information silos from the direct material sourcing process. With multi-device capabilities, S2P solution can be accessed from any location anytime on any hand-held device.

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