Burlington, MA – June 11, 2015 – Nipendo, a leading provider of multi-enterprise supplier collaboration cloud-based platform, has won the Supply & Demand Chain Executive 100 award for the second consecutive year.
The Supply & Demand Chain Executive 100 highlight outstanding supply chain projects that helped companies achieve supply chain excellence and produce measurable ROI gains through increased efficiency. Nipendo’s selection to the 2015 list is in recognition of the successful transformation of supplier collaboration enabled by Nipendo Supplier Cloud at Clalit Healthcare Services, the world’s second largest healthcare maintenance organization (HMO).
Clalit operates 1,400 clinics, 14 hospitals, more than 400 pharmacies, and over 800 other medical facilities. With an annual purchasing volume of over US $2.5 billion, Clalit receives over 2 million invoices a year issued by thousands of suppliers. Over 1,500 employees are involved in the procurement and A/P functions.
Using Nipendo Supplier Cloud, Clalit has transformed supplier collaboration from a heavily-manual, time-consuming, and error-prone process, into an automated near-real time process that is highly efficient and virtually error-free. “Over 95 percent of the communication with our direct spend suppliers goes through Nipendo Supplier Cloud,” said David Lugassy, Headquarters Administration Director at Clalit. “This high level of automation has brought about significant benefits to Clalit and to our suppliers.”
Nipendo enables Clalit to electronically manage order fulfillment across hundreds of thousands of SKUs in direct, indirect, and service spend categories with over 90% of their suppliers. With all interactions between Clalit’s SAP system and suppliers orchestrated by Nipendo Supplier Cloud, changes and modifications are immediately reflected in the system of record, resulting in fast and accurate order fulfillment that requires no human intervention.
Once the order is delivered, each supplier invoice is validated by Nipendo in real-time against all related documents based on business rules relating to hundreds of data points defined by Clalit. In case of a discrepancy, suppliers are instantaneously notified and can immediately make the necessary corrections to facilitate errorless straight-through processing to the Clalit ERP system.
“Average invoice processing time has been reduced from weeks to just a few minutes, and errors have been reduced down close to zero. Hundreds of employees have been freed up from manual invoice handling to manage higher value tasks. We are also helping the environment, eliminating the use of over 30 million sheets of paper each year,” added Mr. Lugassy.
“With this year’s Supply & Demand Chain Executive 100, we are featuring great supply chain projects that demonstrate the broad spectrum of opportunities for enabling excellence in the supply chain. The projects featured can serve as a roadmap for supply chain executives looking for new opportunities to drive improvement in their own operations,” said Barry Hochfelder, editor of Supply & Demand Chain Executive.
“We are honored to be included once again in the prestigious Supply Chain and Demand Executive 100,” said Eyal Rosenberg, Nipendo’s Co-Founder and CEO. “Being included in this list is particularly rewarding because it is based on specific customer success, realizing measurable business benefits and significant ROI. We take great pride in the unique ability of Nipendo’s customers to achieve exceptional results in supplier collaboration, B2B adoption rates, and complete automation of their Purchase-to-Pay processes. By offloading the manual work and creating an agile supply chain, our customers can rapidly respond to ever-changing market demands in a dynamic business environment.”
Nipendo enables a new level of supplier collaboration, empowering organizations around the world to create a competitive advantage through rapid and massive supply chain integration.
Nipendo Supplier Cloud allows organizations to extend their existing systems and processes beyond the enterprise firewall, enhance real-time communication with suppliers, and step up supply chain agility.
Utilizing Nipendo’s multi-enterprise integration platform and our patent-awarded content-transformation technology, buyers and supplier can sidestep the bottlenecks of custom mapping that make current methods of B2B integration costly and time-consuming.
For more information visit nipendo.com.