PR89292

NEW YORK, April 29, 2021 /PRNewswire=KYODO JBN/ --

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