Nipendo
Nipendo automates procurement and supplier relationship management, enhancing efficiency in invoice processing and reducing manual effort.
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Description
Nipendo is an advanced cloud-based platform designed to automate the relationship between buyers and suppliers, significantly reducing manual processes while enhancing efficiency in invoice management. With a focus on procurement automation, Nipendo integrates seamlessly with existing ERP and procurement systems to enhance supplier engagement, achieving over 90% participation compared to traditional systems that see participation rates below 30%. The platform streamlines Source-to-Pay interactions, ensuring compliance with corporate policies through intelligent automation powered by Robotic Process Automation (RPA), Machine Learning (ML), and Artificial Intelligence (AI).
Nipendo also offers a Supplier View, which is an end-to-end portal for suppliers to manage Purchase Orders, Invoices, and Shipping Notifications. The solution allows for communication through B2B, email, web portals, and mobile apps, providing features like proactive guidance, early payment collection, and visibility into events and discrepancies. It reduces operational costs and improves the overall procurement experience.
The platform supports financing options and dynamic discounting to enhance working capital and expedite payments. Overall, Nipendo is a reliable solution that transforms the procurement landscape, empowering businesses across various industries to operate more efficiently.
Features
Supplier Engagement
Achieve over 90% engagement from suppliers, vastly improving communication and reducing manual interactions.
Cloud-Based Integration
Seamlessly integrates with existing ERP and procurement systems, allowing for easy adoption.
Automated Invoice Reconciliation
Automatically reconciles invoices, reducing accounts payable labor costs and minimizing errors.
AI and Machine Learning
Utilizes AI and ML for automated governance and compliance management, ensuring accuracy with minimal manual intervention.
Proactive Guidance for Suppliers
Provides suppliers with proactive guidance to navigate through Purchase Orders and Invoices efficiently.
Dynamic Discounting
Facilitates financing options and dynamic discounting to improve working capital and expedite payments.
Tags
Documentation & Support
- Installation
- Documentation
- Support
- Updates
- Online Support