FOOD & BEVERAGE
Digital Source-to-Pay solutions to overcome challenges faced by the F&B industry
BUILDING A FLEXIBLE & RESILIENT SUPPLY CHAIN
Responding to shifting consumer demands requires flexibility and an understanding of supply chains.
Esker’s Supplier Management solution enables F&B companies to better manage supplier information and automate processes across the supply chain. Along with a 360° view of all relevant supplier information in real time, businesses also benefit from features such as:
- Self-Service Supplier PortalConnect with suppliers and make it easy for them to upload and update relevant documents with an intuitive self-service portal.
- Contract ManagementEfficiently manage contract life cycles and never miss contract renewal dates with dashboards and automated notifications.
- ERP System IntegrationEnsure ERP-synchronized data without record duplication, while ensuring seamless integration with multiple ERP applications.
BOOSTING OPERATIONAL EFFICIENCY
The increasing volatility of raw material pricing and transport costs, as well as rapidly changing customer expectations, place the pressure of safeguarding the business’ profitability on buyers. Streamlining S2P processes is a crucial step in maximizing cost efficiencies for F&B companies. Esker’s AI-powered Source-to-Pay solution removes inefficient and time-consuming tasks while increasing productivity throughout the entire business. Simplifying processes results in:
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Optimized cashflow and strengthened supplier relationships by ensuring accurate and timely payments.
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The ability to process increasing quantities of documents while freeing-up staff to focus on higher-value tasks.
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A simplified user experience that enables effortless collaboration and data sharing — improving employee well-being and retention.
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Reduced maverick spending by controlling purchasing with standardized approval workflows and vendor catalogs.
Anna Simoes │ Treasury Manager │ Delicato
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STRENGTHENING SUPPLIER RELATIONSHIPS
Building a thriving business ecosystem is essential to future-proofing your company. This not only means keeping your customers happy, but also paying attention to your vendors’ needs with a solution that can:
- Consistently deliver accurate, on-time supplier payments
- Avoid blocked orders thanks to real-time communication tools
- Provide real-time visibility into invoice approvals and payment status
- Offer suppliers the choice of how to transmit documents
- Simplify invoice creation with flip PO capabilities
Phil Chandler │ Division Accounting Manager │ Keystone Food
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EMPOWERING YOUR TEAM WITH ACTIONABLE DATA 24/7
Data analytics and mobile solutions have become indispensable in many industries, even more so for F&B companies. Whether it’s managing maverick spend or giving your team the necessary bandwidth to deal with more strategic tasks, having the right data at your fingertips at the right time is crucial in handling supply processes.
Esker Anywhere™ enables managers to perform critical tasks from whenever and wherever they’re working. Whether it’s monitoring daily tasks, budgets and team productivity or spotting problems or opportunities as soon as they arise, Esker’s mobile app makes it easy thanks to preconfigured reports featuring:
- Available early payments discounts and purchase requests
- Touchless rate trends, DPO tallies and request-to-order cycle time
- Potential late fees, overdue items and supplier disputes
YOU'RE IN GOOD COMPANY
Leading businesses in the F&B industry are achieving real, measurable value thanks to Esker.
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