Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, April 30 2021 - 01:15
AsiaNet
Eka Unveils E-Sourcing, a cloud-based source-to-pay solution to drive a new era of digitalization in supplier management
NEW YORK, April 29, 2021 /PRNewswire-AsiaNet/ --

 Eka's Cloud Platform provides a unified solution to manage purchasing, 
payment, contracts, and collaborate across the entire supplier network 

     Cloud-based software provider Eka aims to transform legacy-based supply 
chain workflows with the unveiling of its platform driven E-Sourcing solution 
that delivers a new standard in collaboration, transparency, efficiency and 
quality assurance across a wide range of business functions and industries.

     Managing supplier operations with legacy tools often involves spending 
hours exchanging emails and phone calls, and using spreadsheets to update data, 
resulting in limited visibility and costly errors. Eka's E-Sourcing addresses 
these challenges with a platform-driven cloud solution that recognizes and 
solves major points of weakness in sourcing operations while enhancing supply 
chain resiliency. 

     Based on Eka's far-reaching experience in automating commodities and 
direct materials supply-chain, E-Sourcing is a first-of-its-kind solution 
offering a unified interface, creating mutual visibility and accountability 
between businesses and suppliers. With seamless integration to ERP, the 
solution provides real-time visibility from a single source and enabling 
businesses to respond in time to avoid supply disruptions.

     Eka E-Sourcing addresses highly nuanced requirements of agriculture, 
energy, food, mining and manufacturing supply chain participants. It leverages 
powerful collaborative workflows to achieve automated matching of invoices, 
purchase orders and receipts, for faster and accurate invoice processing.

     Manav Garg, founder and CEO of Eka said that while the development of 
E-Sourcing was informed by the specific needs of commodities and direct 
material businesses; Eka will continue to add new capabilities to the solution 
to expand its use cases into other industries. 

     "Eka's E-Sourcing builds a fully collaborative network across the supply 
chain with far superior levels of transparency, flexibility and agility. The 
value of these benefits extends beyond commodities. It is not a difficult leap 
to see how such a robust and extensible e-sourcing solution can be applied 
across multiple business functions throughout an enterprise," said Garg. 

     Eka's strength in harnessing the power of cloud platform, coupled with its 
ongoing investment into research and development, means the company is focussed 
on building solutions that are continually enhanced. Capabilities of E-Sourcing 
will be expanded for the specific needs of non-commodity specific manufacturing 
sectors in the coming months.

     About Eka
     Eka is a global leader in providing cloud driven solutions for commodity 
and direct materials businesses to overcome complex challenges in supply chain 
and financial management. Read more at www.eka1.com.

     Media Contact: 
     Sharmita Mandal
     Head Global Communications, 
     Eka Software Solutions, 
     Sharmita.mandal@eka1.com


     Source: Eka Software Solutions

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