- Continues expansion into Multi-Enterprise, Collaborative Network Technologies
- Advances user interface, buyer/supplier synchronization
- Adds on-boarding functionality for rapid supplier adoption
India, Chennai, August 3, 2010 – TAKE Supply Chain, a division of TAKE Solutions [BSE: 532890 | NSE: TAKE] and innovator of software solutions to power demand-driven value networks, today announced an advanced version of its OneSCM online supplier management platform that features a multi-tier, multi-tenant, software as a service (SaaS) architecture designed for mid to large-sized manufacturers and distributors. Developed in conjunction with customer input, the upgraded platform features significant user interface enhancements for ease-of-use and navigation, buyer/supplier synchronization, on-boarding functionality improvements to facilitate faster supplier adoption, and advanced search features.
“OneSCM benefits its users through simplified on-boarding and intuitive use. With the flexibility to apply freight and logistics cost controls and the simplicity to on-board thousands of suppliers per week, OneSCM provides a platform to engage all suppliers for a multitude of supplier management activities.” said Mr. S Sridharan, Managing Director, TAKE Solutions. Through this upgraded version, we are now able to provide our customers with better navigation facilities and helping them in engaging with their partners to streamline the entire order process in a more efficient manner. This is an extension of TAKE’s promise to provide its customers with innovative solutions for effective business solutions.”
OneSCM connects all trading partners — from buyers to suppliers, contract manufacturers to logistics carriers and everyone else in between — to a single ecosystem that aggregates data from all systems, regardless of which system is in place, into a single, consolidated view. Enhancements include:
- Improved User Interface. Significant upgrades have been made to the user-friendly GUI to simplify user adoption and enable users to be productive on the system with virtually no training.
- Buyer/Supplier Synchronization. Errors and over or undershipments are avoided by ensuring that both buyers and sellers have visibility to the same information at the same time.
- Supplier On-Boarding. An intuitive, step-by-step process simplifies the addition of new suppliers and gets them up and running quickly.
- Advanced Search Features. Enhances usability and makes it easy for users to find what they’re looking for.
OneSCM, which debuted in January 2010, is the first in a series of multi-enterprise, collaborative network technologies the company plans to develop and market. OneSCM plugs directly into customers’ on-premise solutions to preserve existing enterprise software investments, while leveraging the benefits of SaaS technologies. In addition to providing an ecosystem of customers available to work with, the platform helps organizations manage supply chain operations from procurement to invoicing with sophisticated, full-featured procure-to-pay, order-to-cash and accounts payable (AP) automation capabilities:
Procure-to-Pay (P2P). Improves the efficiency and profitability of supplier relationships by allowing companies to automate, monitor and control each step of the procurement process, from requisition through payment. Suppliers experience a collaborative environment by extending purchasing information and capabilities to all trading partners in the supplier network.
Order-to-Cash. From receipt of the order to shipment, and invoicing to receipt of payment, OneSCM enables organizations to share critical information with their customers, regardless of the technology differences between an organization’s system and its customers, for more transparency and accountability throughout the order-to-cash cycle.
AP Automation. Streamlines transactions and communications within a partner network. OneSCM accommodates purchase order (PO) and non-PO invoices and enables users to customize the workflow based on invoicing policies, invoice dollar value, type of invoice or any other criteria. Invoices can be matched to purchase orders and receipts and an audit trail can be maintained throughout the AP process.
About TAKE Solutions
TAKE Solutions is a leading software and services provider with domain expertise in Life Sciences (LS) and Supply Chain Management (SCM). With intellectual property assets embedded within its technology solutions, and with a set of best practices executed by skilled domain and technology professionals, TAKE is constantly looking at opportunities to drive efficiencies for its clients’ businesses.
Headquartered in Chennai, TAKE primarily drives its SCM Domain Excellence Centre and Global Delivery Centre from India. The Company has a strong presence in the USA with the Life Sciences Domain Excellence centre located in Princeton, New Jersey. The Company conducts business today with more than 390 customers worldwide.
TAKE has been recognized as India’s 10th fastest growing technology company by Deloitte Technology Fast 50 India 2008 and has also been assessed at Level 5 of the Capability Maturity Model Integration (CMMI) & Level 3 of the People Capability Maturity Model, Software Engineering Institute, Carnegie Mellon University, USA. TAKE is also a Microsoft Gold Certified Partner, a Charter Member of the Microsoft BioIT Alliance, and along with its subsidiary is a Registered CDISC Solution Provider, with recognized industry leadership in Microsoft-based Solutions, Regulated Life Sciences, and Supply Chain Management. For further information, please contact www.takesolutions.com. TAKE Supply Chain is a division of TAKE Solutions. For more information, visit www.takesupplychain.com.
Contacts:
Priyangshu Dutta
Adfactors, New Delhi
Tel: +91 9717537878
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Annapoorna K
TAKE Solutions Ltd.
Tel: +91 44 6696 4276
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