{"id":452717,"date":"2021-03-08T09:04:16","date_gmt":"2021-03-08T14:04:16","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=452717"},"modified":"2021-03-08T09:04:16","modified_gmt":"2021-03-08T14:04:16","slug":"elemica-acquires-omprompt-strengthens-industry-leading-supply-chain-automation-solution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/elemica-acquires-omprompt-strengthens-industry-leading-supply-chain-automation-solution\/","title":{"rendered":"Elemica Acquires OmPrompt, Strengthens Industry-Leading Supply Chain Automation Solution"},"content":{"rendered":"<h2>\nAcquisition is the latest example of Elemica&#8217;s commitment to building the ultimate source of supply chain digitization technology and capability<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p>WAYNE, Pa., March  08, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=EUG3XgKhijd-3d8gyZRxySME__h6_1zBU9Tt1jZgJmcNucaciy9dHDTnJz0nEzn3Lf8OMUnHHxsD2gQk1wjv8ctx-V1OA9R2Bm7i42FgGzksuw0Y9SrZ5u_yMl3OMz9OMPZWT239_c5IgB4WGBsbQWD8XcfAdl0JnZ5UxehcYZtaUDA9S_QtjRB5QjPSH8fkoLkFU2isZXI7tM9HEpJfUmJmHEIeptDuhSPrfSU-9rVcuyB2-xn-CTYadmXrrIgt\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Elemica<\/a> has closed on its acquisition of OmPrompt, a UK-based technology company focused on helping businesses automate, streamline and optimize supply chain processes and documentation management. OmPrompt\u2019s proprietary algorithms, machine learning, artificial intelligence and other tools will contribute to Elemica\u2019s continued development and aggregation of automation technologies in pursuit of creating a digital supply chain megaplatform powered by Elemica\u2019s leading network. With over a trillion dollars\u2019 worth of goods being digitally bought, sold and moved through Elemica\u2019s interconnected network of trading partners, OmPrompt reinforces the company\u2019s market leading position.<\/p>\n<p>Known as a leader in helping large companies automate and streamline, OmPrompt\u2019s award-winning platform has gained traction across a sweeping range of industries, from consumer goods to healthcare, logistics and beyond. OmPrompt\u2019s relationships with the world\u2019s leading brands across consumer packaged goods, food and beverage as well as pharmaceuticals will prove a substantial addition to Elemica\u2019s already expansive network.<\/p>\n<p>\u201cIt\u2019s important that we\u2019re continuously adding to our functionality and platform strengths,\u201d says Elemica CEO David Muse. \u201cThrough market leading innovation and strategic acquisitions like OmPrompt, current and future clients should be confident that we are the premier technology provider to help them exceed digitization targets. We can take them as far as their strategy dictates.\u201d<\/p>\n<p>\u201cWe take pride in the metrics made possible by OmPrompt\u2019s multi-format support, intelligent business rules, master data validation and accelerated exception management,\u201d says OmPrompt CEO, Steve Luscombe. \u201cNow we\u2019ll be able to bolster our existing procure-to-pay and order-to-cash automation technology\u2014extending new offerings, offering more capabilities and scaling more broadly across the supply chain. This was a great move for our user base and we\u2019re excited about the power our combined solution will bring to global business.\u201d<\/p>\n<p>\n        <strong><br \/>\n          <strong>About Elemica<\/strong><br \/>\n        <\/strong>\n      <\/p>\n<p>Elemica is the world\u2019s leading digital supply chain network for the global manufacturing sector. The company streamlines your supply chain by connecting mission-critical aspects of your business to a powerful digital network that processes more than $1T in transactions annually. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=FXJkolQu1-f9YY9YiFcosE3S2YKYqzUcvh6VcKpfC_ANlCj51gp_kaN_mF47tCHtnmtfHueB2L107O9bY6PtU9lsNwU7S2PeOxpFdJnw2aMe2AoMDmbbC2r6_5hm24ImYLl_ndL-qBXLkg9I6FT_X7YdpSaflLFB3gpo9Z-5jl34cx3_5bjj6RG3TglogXX2a9uNdaJU2EEN3f66tmlnjK0-GBJqzlmWbQ-BpbqOgfSbiCas2zUNlhSXkoHaOHxps-kKpxd4Pzfx8bIMGrfvJQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">elemica.com<\/a>.<\/p>\n<p>\n        <strong><br \/>\n          <strong>About OmPrompt<\/strong><br \/>\n        <\/strong>\n      <\/p>\n<p>OmPrompt is a leader in supply chain digitization and automation, helping large companies with complex supply chains bridge gaps by eliminating the need for human workarounds\u2014especially when transactional systems are unable to keep up with diverse operational requirements. The company facilitates zero-touch automation in order to put clients in a position to manage by exception, making them a one-stop-shop for facilitating transactional flows between their clients and partners. Learn more at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=44KhKbJkGr4eAsOGNw5Wpk6LuCkHmVA61jNons1fnCVqlFteKJzm0XBIYWWS1Al90fpFDFFa_acj7kQms9Sidg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">omprompt.com<\/a>.<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTQxNSM0MDUxMDI4IzIwODYwNjc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/93bcb9b4-8e2a-45b8-8a75-9d1b581bfef0\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Media Contact:\r\nRachael Porter \r\nRachael.porter@elemica.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Acquisition is the latest example of Elemica&#8217;s commitment to building the ultimate source of supply chain digitization technology and capability WAYNE, Pa., March 08, 2021 (GLOBE NEWSWIRE) &#8212; Elemica has closed on its acquisition of OmPrompt, a UK-based technology company focused on helping businesses automate, streamline and optimize supply chain processes and documentation management. OmPrompt\u2019s proprietary algorithms, machine learning, artificial intelligence and other tools will contribute to Elemica\u2019s continued development and aggregation of automation technologies in pursuit of creating a digital supply chain megaplatform powered by Elemica\u2019s leading network. With over a trillion dollars\u2019 worth of goods being digitally bought, sold and moved through Elemica\u2019s interconnected network of trading partners, OmPrompt reinforces the company\u2019s market leading position. Known as a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/elemica-acquires-omprompt-strengthens-industry-leading-supply-chain-automation-solution\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Elemica Acquires OmPrompt, Strengthens Industry-Leading Supply Chain Automation Solution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-452717","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Elemica Acquires OmPrompt, Strengthens Industry-Leading Supply Chain Automation Solution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/elemica-acquires-omprompt-strengthens-industry-leading-supply-chain-automation-solution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elemica Acquires OmPrompt, Strengthens Industry-Leading Supply Chain Automation Solution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Acquisition is the latest example of Elemica&#8217;s commitment to building the ultimate source of supply chain digitization technology and capability WAYNE, Pa., March 08, 2021 (GLOBE NEWSWIRE) &#8212; Elemica has closed on its acquisition of OmPrompt, a UK-based technology company focused on helping businesses automate, streamline and optimize supply chain processes and documentation management. OmPrompt\u2019s proprietary algorithms, machine learning, artificial intelligence and other tools will contribute to Elemica\u2019s continued development and aggregation of automation technologies in pursuit of creating a digital supply chain megaplatform powered by Elemica\u2019s leading network. With over a trillion dollars\u2019 worth of goods being digitally bought, sold and moved through Elemica\u2019s interconnected network of trading partners, OmPrompt reinforces the company\u2019s market leading position. 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