ISPnext certified partner of Ultimo: focus on efficiency

By integrating Business Spend Management solutions such as AP Automation with asset management, the collaboration offers a unique value proposition:

• Greater efficiency: Seamless integration between asset lifecycle management and accounts payable and procurement processes. For example, automatic matching of Ultimo purchase orders and invoices.
• Better cost control: Greater insight into supplier expenditure and contract management.
• Greater maturity: Modern, integrated tools that replace fragmented or outdated systems.
• Greater customer value: Improved performance and transparency for joint customers in sectors such as food production and manufacturing.

‘Many organisations are looking for ways to increase their EAM maturity while streamlining their accounts payable and procurement processes,’ says Jeroen Kanis, Partner Programme Manager at Ultimo. ‘Together with ISPnext, we help customers improve the reliability of their assets, reduce costs and make smarter operational decisions.’

“We are enthusiastic about our collaboration with Ultimo, which brings accounts payable, procurement and asset management closer together,” adds Maarten de Ru, Director Partner & Alliance. “Our joint solution ensures that organisations not only get the most out of their assets, but also manage suppliers and expenditure more effectively, contributing to sustainable value creation.”

The partnership is already proving its worth with joint customers such as HAK, Euroma and Vreugdenhil, who are benefiting from streamlined procurement and accounts payable processes that are aligned with their asset management strategies.

Ultimo, part of IFS, strengthens the financial resilience, regulatory compliance and operational excellence of manufacturing, logistics and healthcare organisations with innovative Software-as-a-Service (SaaS) Enterprise Asset Management (EAM) solutions. Focused on maintenance, uptime, safety, cost control and efficiency, the company is known for its rapid implementation, ease of use and unrivalled time-to-value. Ultimo supports more than 120,000 technicians who manage over 15 million assets for 2,400+ customers worldwide.