Global online learning leader Emeritus selects Valtatech for Procurement process revamp
October 06, 2021
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MELBOURNE – 18th September 2021 – Emeritus, the global leader in making the highest-quality education accessible and affordable to individuals, companies, and governments around the world, has chosen financial process automation experts, Valta Technology Group (Valtatech), to implement, integrate and manage its new Procure to Pay solution. One of the largest and fastest growing skilling platforms worldwide, Emeritus has selected Valtatech to manage its companywide Coupa Business Spend Management technology implementation, integrations with their existing SAP environment and business process design.
Emeritus Finance Director, Prasanna Koteshwara, says: “Improving our back-office team’s ability to keep up with the business’s rapid global growth, while maintaining continuous business operations has been a major priority. Valtatech will be an invaluable partner during the process of transforming our P2P system, and we look forward to expanding our partnership as we optimise and update other critical systems within the business.”
Valtatech will configure, implement, and manage Silicon Valley-headquartered, Emeritus’s, procurement automation drive over the next 6 months. Enabling the business to drive efficiencies and gain control over its previously, paper-based expense and procurement systems. Improving the business’s resiliency and control over spend; while boosting its ability to satisfy audit demands and reduce costs. Providing the visibility and insight Emeritus’s back-office teams require to improve risk mitigation, streamline spend approvals and improve governance.
Emeritus currently has more than 1,000 employees globally and offices in Mumbai, New Delhi, Shanghai, Singapore, Palo Alto, Mexico City, New York, Boston, London, and Dubai. The company has raised more than $160 million in capital and is backed by the Chan Zuckerberg Initiative, Sequoia India, Leeds Illuminate, Prosus Ventures, and its parent company Eruditus.
S2P and P2P technology and process expert, Jussi Karjalainen, who is Founder and Managing Partner of Valtatech, says: “Valtatech is extremely proud to partner with such important part of the global education ecosystem. Alongside the ongoing implementation, our partnership with Emeritus will ensure their team can leverage the best people, processes and technology to transform their finance and procurement functions.”
Collaborating with more than 50 top-tier universities across the United States, Europe, Latin America, Southeast Asia, India and China, Emeritus’ short courses, degree programs, boot camps, and senior executive programs help individuals learn new skills and transform their lives, companies, and organizations. Its unique model of state-of-the-art technology, curriculum innovation, and hands-on instruction from senior faculty, mentors and coaches educates more than 100,000 students per year across 80 countries with an unparalleled 90% completion rate.
About Valta Technology Group (Valtatech)
Valtatech partners with companies around the world to simplify their operations, control their spend and focus on value coming in rather than costs going out. Our team has completed more than 60 financial transformation and Shared Services projects in Europe and Asia Pacific that deliver measurable value. Our difference is to understand your business, match the best technology and implement it to your requirements. We leverage our expertise of best practice, a deep knowledge of successful transformation technology implementation for Procurement automation, AP automation to transform your finance and procurement functions.
Find out more about Valtatech’s Procure to Pay solutions.