Collaborative supplier relationships result in an inbound flow of materials and services arriving at the place at the right time driving the right balance of inventory, working capital, and service levels. Resupply is triggered by transmission of discrete order releases, call-offs, or vendor managed inventory (VMI). Suppliers are paid in accordance with contract terms aided by 'first time right' electronic invoicing into accounts payable (AP), PCards, and self-billing processing.

Procurement, supply management, and accounts payable teams are empowered to focus on establishing long-term collaborative relationships that drive structural cost from the equation versus fighting with suppliers over the same margin. This drives increased internal and external satisfaction levels.

Elemica is a modular, hosted integration solution delivering value via Software as a Service (SaaS). Easy implementation with no need to install hardware or software. Elemica Solutions are tested and proven, eliminating risk and enabling you to leverage the benefits of state-of-the-art business process automation.

Benefits that Span the Supply Chain

• Reduce stock-outs
• Reduced transportation costs due to fewer rush shipments
• Better inventory levels and working capital management
• Fewer errors in procurement and accounts payable processes
• Lower structural costs through collaborative supplier relationships
• Increased visibility into demand, order shipments, and invoices
• Automated notification to suppliers regarding demand changes
• Supplier enablement services allow you to easily reach your entire supply base

Multiple business functions are supported by Elemica's supply management solution allowing you to automate by function or business area depending on your specific needs:

• Procure-to-Pay - Keeps you fully stocked while reducing costs and errors. Inbound shipping data is automatically posted reducing receiving errors.
• Collaborative VMI - Establishes win-win for VMI for your supply base. Supports standard, consignment, and dynamic VMI scenarios including rail car replenishment. Inbound shipments and invoices are automatically posted allowing you to capture early payment discounts.
• AP Automation - Improves financial metrics and payment performance by automating accounts payable (AP). Supports the EU Directives on electronic signatures and archiving. Immediately capture value by capturing payment discounts. 

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