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A major global IT services, consulting and business solutions company, Tata Consultancy Services (TCS), has announced that Canada's leading end-to-end supply chain solutions firm for temperature-sensitive products, VersaCold logistics Services, has chosen the company's procure to pay (P2P) cloud solution, TAP, to manage their operating costs with greater efficiency. The solution comprises Catalogs Requisitions, Purchase Orders, and Invoices, plus Supplier Management and Self-Service.
As part of its continued transformation as a major global and Canadian provider of temperature sensitive solutions, VersaCold is investing in offering greater value to its customers, while also focusing on operating effectiveness. With increased complexity and growing customer demand for enhanced services and information availability, VersaCold started its transformation three years ago.
The P2P process within VersaCold had been assessed as part of an overall process review, leading to a decision to deploy an automated P2P solution.
VersaCold chose TAP to consolidate the whole P2P process on one platform to simplify the buying process for business users. The solution will also remove paper trails, leading to enhanced visibility, while enabling deeper cooperation with suppliers.
Bala Puvitharan, Senior Vice President and Chief Information Officer, VersaCold, said, "We selected TAP to move towards transformed and unified procure to pay (P2P,) needing a solution that not only caters to our immediate business priorities, but can be scaled up to serve bus1ness growth and extended to optimize upstream processes.The transformation with TAP will simplify our entire P2P process, digitize and ensure easy tracking to achieve effective communication between users and significantly improve user satisfaction and productivity.''
Soumen Roy, Country Head, Canada, added, "We are privileged to help VersaCold transform their procure to pay function, reflecting the trend of Canadian businesses that are constantly evaluating opportunities to innovate and drive efficiencies. TCS Canada is increasingly helping customers to leverage digital technologies to re-imagine business processes and drive performance with innovative cloud based solutions such as TAP."
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