PHILADELPHIA, September 7, 2021 (GLOBE NEWSWIRE) – The acquisition of OmPrompt in March 2021 ushered in a redefinition of what is possible in terms of digitization and automation of processes throughout the order-to-cash cycle. With the integration of OmPrompt’s technologies now complete, Elemica can now offer a comprehensive order management solution that enables the automation of all transactions, documentation and communication tailored to each company and each type of customer.
This post-acquisition order-to-cash expansion means you can now digitize any order-to-cash document. This includes sales orders, fulfillment requests, shipping, invoicing, customer communications – every document between every trading partner and in every technical format. More digitalization within the order-to-cash processes demonstrably increases KPIs such as on-time, in-full (OTIF) and customer satisfaction as well as administrative time and costs.
A number of buyer and transaction variables have traditionally made order-to-cash digitization difficult. The most important of these were 1) differences in the size and frequency of customer orders, and 2) changes in order format. Both high-volume, high-frequency buyers and low-frequency long-tail buyers have required different processes in the past, and with this integration we offer real process harmonization. When a buyer changes an order format variable, e.g. For example, changing a table or renaming a line item can often lead to confusion. But this more agile, more comprehensive order-to-cash system can adapt to all of these variables and offers maximum digitization, efficiency and flexibility for all customers and orders.
“I’m so proud of this team,” said Arun Samuga, Elemica’s chief technology officer. “From the outside, these integrations seem so simple and seamless. But this level of order-to-cash digitization was an industry first. It took a tremendous amount of planning, work, and collaboration to bring these technologies together and get them ready to buy in less than six months. It’s a team triumph as well as a technology triumph. ”Find out more about Elemica’s sales order management solution.
Elemica is the world’s leading digital supply chain network for the global manufacturing sector. The company streamlines its supply chain by connecting critical aspects of your business to a powerful digital network that processes more than $ 1k in transactions annually. More information is available at www.elemica.com.