Nipendo Wins Supply & Demand Chain Executive’s Green Supply Chain Award
Automating procure-to-pay processes saves more trees than simple electronic invoicing
Burlington, MA – December 12, 2013 – Nipendo, provider of the Supplier Cloud Procure-to-Pay (P2P) extreme automation platform, has been announced a winner of the 2013 Green Supply Chain Award by Supply & Demand Chain Executive.
The Green Supply Chain Awards recognize companies with a range of sustainability initiatives having a direct impact on the supply chain as well as providers of supply chain solutions and services assisting their customers in achieving measurable sustainability goals. Submissions were received from over one hundred companies.
“Nipendo is proud to be recognized as a leader in enabling buyer and supplier organizations to establish environmentally-friendly business practices,” said Eyal Rosenberg, Nipendo’s Co-Founder and CEO. “As with any sustainability effort, it is important to distinguish between good intentions and good results. Just converting a paper document into an electronic one is a commendable first step, but ultimately not a sufficient one. We see many cases where electronic documents are printed over and over again by employees that have to validate and process these documents, so in some cases the electronic format actually results in increased use of paper. To completely eliminate paper from the process, organizations should strive to remove the need for manual intervention. Only when the process is touch-free and errorless can it truly be paperless.”
An example for an organization that has successfully translated the automation of order-to-payment processes into environmental benefits is Clalit Healthcare Services, the world’s second largest Healthcare Maintenance Organization (HMO). With an annual purchasing volume of over US$2.5 billion, Clalit exchanges over 2.5 million documents a year with over 9,000 suppliers. Using the Nipendo Supplier Cloud platform, over ninety percent of the invoices received by Clalit are processed straight-through to their SAP system without any manual intervention.
“This high level of automation has brought about significant benefits to Clalit and to our suppliers, while also helping the environment,” said David Lugassy, headquarters administration director at Clalit. “Utilizing the Nipendo Supplier Cloud to automate our procure-to-pay processes, we are eliminating the use of over 30 million sheets of paper each year.”
Nipendo’s buyer-supplier collaboration platform empowers organizations around the globe to reach a new level of procure-to-pay automation that is not just paperless but also errorless and effortless, achieving over 90% straight-through invoice processing directly to their ERP systems. Nipendo enables seamless interoperability with any supplier communication solution—including EDI, supplier network, and e-invoicing—allowing enterprises to leverage their existing implementations and extend electronic procurement and invoicing to the entire supplier ecosystem. For more information visit nipendo.com.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. Supply & Demand Chain Executive is a publication of Cygnus Business Media.