Nipendo Selected to Spend Matters’ 2016 “50 Providers to Watch” List
Industry renowned list includes notable technology providers to procurement and supply chain organizations
Boston, MA, June 15, 2016 – Nipendo, a leading provider of supplier collaboration cloud platform, has been selected for the third consecutive year to the prestigious Spend Matters Almanac 50 Providers to Watch list.
Curated by Spend Matters editors and analysts, the Spend Matters Almanac covers software firms, outsourcers, data providers, research firms, consultants, and similar organizations that serve the procurement and supply chain market.
“As a next-generation EDI and supplier network provider, Nipendo is unique in how it supports procure to pay, order to cash and supply chain visibility,” stated Jason Busch, Spend Matters’ Group Managing Director in previous coverage of Nipendo. “Reference customers, including one of the biggest regional, non-government healthcare providers and the largest global semiconductor provider, have substantiated claims about the type and depth of connectivity that Nipendo enables through its platform approach.”
“The Spend Matters 50/50 Almanac features the providers that are shaping the future of procurement and supply chain collaboration,” said Eyal Rosenberg, Nipendo’s Co-Founder and CEO. “We are proud to be included in the list and be recognized for our disruptive technology and the value we deliver to our customers and their suppliers.”
Nipendo Supplier Cloud delivers a new level of supply chain collaboration, and procure-to-pay automation across all spend categories.
Nipendo provides organizations with a single point of control and compliance for all enterprise procure-to-pay processes, enabling real-time, transparent, touch-free, and error-free invoice reconciliation with over 98% of the invoices approved to pay within seconds of submission.
Utilizing Nipendo’s real-time invoice validation and reconciliation, buyer organizations are able to capture a greater portion of available early payment discounts, while suppliers enjoy faster invoice-to-cash conversion at a lower cost of capital.
Nipendo Supplier Cloud is used by leading organizations across industries, including multinationals such as CheckPoint, Israel Aerospace Industries, KLA Tencor, Kodak Alaris, Sigma Aldrich, and Teva Pharmaceuticals.
For more information, please visit nipendo.com.