Overview

Esker’s Source-to-Pay (S2P) suite is an AI-driven automation solution designed to streamline procurement processes, enhance supplier collaboration, and ensure compliance with Environmental, Social, and Governance (ESG) standards. By integrating advanced technologies, Esker enables businesses to monitor supplier sustainability performance, set improvement targets, and foster ongoing ESG efforts, thereby transforming procurement into a strategic function that supports sustainable business growth.

Features and Capabilities

• Supplier Sustainability Performance Monitoring: Establish mechanisms to assess and track the sustainability performance of suppliers, setting improvement targets and collaborating to promote ESG initiatives. ​
• Energy and Resource Efficiency Development: Implement strategies to enhance energy and resource efficiency within the supply chain, contributing to overall environmental sustainability. ​
• Transparent Reporting and Dashboards: Utilize tools that facilitate the creation of clear reports and user-friendly dashboards, providing accurate insights into the company's environmental impact.
• Internal CO2 Emissions Optimization: Analyze supplier invoices to optimize internal CO2 emissions, leading to significant cost savings and a reduced carbon footprint.
• Supplier Collaboration Enhancement: Engage suppliers in sustainability initiatives by fostering communication, sharing best practices, and offering incentives to adopt sustainable practices.
• Risk Mitigation and Compliance: Identify and mitigate risks associated with procurement by ensuring adherence to changing regulations and lowering supplier risk through comprehensive risk assessments.
• Dynamic Discounting and Payment Plans: Anticipate and identify invoices at risk of late payment, offering dynamic discounting to maintain healthy supplier relationships and promote a sustainable business model.
• Seamless Integration and Scalability: Ensure compatibility across the S2P cycle with a solution designed to scale across different processes and geographies, providing a consistent user experience and reducing the need for extensive training.