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Our mission is to transform supply chain operations and financing with our cloud-based SaaS platform

By Staff Writer ,

Added 18 December 2024

Sriram Kanuri, CEO and Founder of Arteria Technologies shares insights into how Arteria is shaping the future of enterprise operations.

Can you provide an overview of Arteria Technologies and its mission in the supply chain management space?

At Arteria Technologies, our mission is to revolutionise enterprise supply chain operations and financing through our advanced cloud-based SaaS platform. We bridge the gap between supply chain processes and banking services by integrating them into a cohesive system, addressing the challenges posed by traditionally disjointed systems. This integration has been realised through our flagship solution, the FinessArt suite of products. 

FinessArt was developed to provide end-to-end visibility into the supply chain, which is crucial for reducing inefficiencies, particularly those related to inventory working capital. Historically, supply chains and banking operations have existed in silos, leading to operational inefficiencies. Our platform enables businesses to automate, digitise, and integrate their supply chain processes with banking services, ensuring seamless workflows from procurement to financing. 

 We have strategically partnered with industry leaders such as Britannia, Exide, Emami, RSPL Group, HDFC Bank, Axis Bank, M&M, Nayara Energy, Tata Steel, and Tata Chemicals to streamline their operations. Our mission is to modernise the supply chain and banking sectors, transforming how enterprises manage their operations, financing, and working capital. 

How has digital transformation added new layers of complexity to supply chain management in India? 

Digital transformation has fundamentally altered the management of supply chains in India, presenting both opportunities and challenges. On the one hand, cutting-edge technologies like IoT, AI, and cloud platforms enable real-time tracking of operations, data-driven decision-making, and process automation to improve efficiency. On the other hand, these advancements come with their own complexities. Businesses must manage vast amounts of data, ensure secure data transfers, and integrate diverse systems seamlessly, all while navigating India's intricate regulatory landscape, including GST compliance. 

 Additionally, India's diverse geography and market conditions present further challenges, such as managing operations across regions with varying tax structures and multilingual requirements. To address these complexities, we have designed the FinessArt suite to automate and digitise supply chains while ensuring compliance and security, enabling businesses to overcome the hurdles of digitalisation without compromising operational efficiency. 

 What benefits do companies gain from Arteria's seamless integration with SAP systems? 

Through our deep integration with SAP systems, we enable businesses to manage their entire supply chain, from procurement to logistics, on a unified platform. This offers significant benefits, including enhanced visibility across operations, faster decision-making, and a marked reduction in manual processes that often lead to errors. By integrating with SAP S4H and leveraging our certified SAP BTP (Cloud PaaS) integration, we ensure that clients have seamless access to real-time data, thereby improving operational efficiency and governance. 

This integration allows companies to monitor and manage every aspect of their supply chain effectively, facilitating smoother workflows and better collaboration with suppliers and partners. Our solutions also ensure compliance with regulations such as GST, which is crucial in the Indian market. Ultimately, Arteria's integrated systems deliver cost savings, fewer disruptions, and streamlined operations. 

 How are Arteria's solutions specifically designed to meet the unique needs of Indian businesses?

At Arteria, we understand the unique challenges Indian businesses face, such as navigating complex tax structures, managing regional disparities, and operating across diverse geographies. Our FinessArt suite is highly customisable, allowing us to tailor solutions to meet the specific requirements of both large enterprises and small businesses. 

Whether it involves managing procurement, streamlining inventory, or ensuring GST compliance, we provide end-to-end solutions that simplify these processes. Our tools are also designed to support multi-language and multi-regional operations, enabling businesses to adapt to India's diverse market conditions. This ensures our clients remain compliant, efficient, and competitive, regardless of where they operate. 

How scalable are Arteria's solutions for global operations?

Our solutions are inherently scalable, allowing businesses to expand seamlessly, whether locally or globally. With cloud-based systems, companies can grow without the need for extensive infrastructure overhauls. The FinessArt suite offers the flexibility to adapt and scale, making it ideal for businesses operating in single regions or expanding into international markets. 

Furthermore, our solutions support multi-language and multi-currency functionalities, enabling companies to manage operations across different countries effortlessly. By delivering this level of scalability, we empower businesses to meet the demands of global supply chains while maintaining operational efficiency, regardless of size or geographic reach. 

How does Arteria's deep understanding of the Indian regulatory environment and market challenges set it apart from other providers?

Arteria stands out due to its profound understanding of the Indian market and regulatory landscape. We are well-versed in the complexities of Indian tax and compliance regulations, including the nuances of GST. This expertise allows us to design solutions that not only address these challenges but also simplify them for businesses. 

Unlike providers that offer generic global solutions, we create tailored offerings that fit perfectly within India's regulatory framework. This gives our clients the assurance that they remain fully compliant with local laws while optimising their supply chain operations. Our in-depth knowledge of India's business environment enables us to provide effective, localised solutions that help companies thrive. 

What are some of the key features of Arteria's products that help businesses digitise vendor collaboration, logistics tracking, procurement, and inventory management?

Our products are equipped with features designed to modernise and optimise supply chains. For vendor collaboration, we offer real-time communication tools that simplify contract management and streamline procurement processes, ensuring smooth supplier interactions. 

For logistics tracking, we provide real-time visibility into the movement of goods, enabling timely deliveries and reducing delays. Our automated procurement solutions cover the entire process—from creating purchase orders to tracking payments—eliminating manual tasks and enhancing efficiency. Additionally, our inventory management tools offer real-time tracking and analytics, helping businesses optimise stock levels, minimise waste, and ensure product availability. 

 How does Arteria contribute to India's push towards self-reliance through the Atmanirbhar Bharat initiative?

At Arteria, we are proud contributors to India's Atmanirbhar Bharat (self-reliant India) initiative. Our solutions empower local businesses to become more efficient, competitive, and self-reliant by giving them greater control over their supply chains. By digitising and automating supply chain processes, we enable companies to reduce reliance on external resources and enhance productivity.

Through partnerships with financial institutions, we also offer digital payment and lending services, providing businesses with the capital needed for growth. This not only supports their daily operations but also facilitates expansion and global competitiveness. By leveraging technology, we help Indian businesses become more agile, innovative, and self-sufficient, aligning with the broader goal of building a self-reliant India.