SAN FRANCISCO--(BUSINESS WIRE)--Vroozi, the leading digital procurement and accounts payable automation platform, has been named a 2022 Value Leader in Spend Matters’ Fall 2022 SolutionMap for Procure-to-Pay (P2P). Spend Matters also recognized Vroozi as a Value Leader in the E-Procurement SolutionMap and as a Solution Leader in the AP Automation/Invoice-to-Pay (AP/I2P) SolutionMap.
Spend Matters is the leading source for data-backed technology and solutions intelligence in the global procurement, finance, and supply chain technology ecosystem. Their SolutionMap reports use several sources of information to create the RFI criteria, ranking weights, market personas and publications including extensive end-user feedback from Vroozi customers.
Spend Matters selected Vroozi for its modern, digital and easy-to-deploy procure-to-pay solution. Vroozi’s low-code, mobile-first platform makes automating purchasing and accounts payable easy and effective for everyone.
As the leading spend management platform, Vroozi has long held its position on Spend Matters’ Procure-to-Pay and E-Procurement Solution Maps. And since its debut on the AP Automation/Invoice-to-Pay (AP/I2P) Solution Map in 2021, Vroozi has established itself as a leader in the accounts payable automation space.
“Digitizing procurement and accounts payable processes is critical for organizations that want to scale and reduce risk, especially given today’s tight talent market and supply chain challenges. Our AI-powered SpendTech® platform solution helps companies deploy fast and generate meaningful ROI, without months of training and implementation, so they can focus on growing their business,” said Shaz Khan, Chief Executive Officer and Co-Founder at Vroozi. “This recognition by Spend Matters is a testament to our success providing mid-market and enterprise customers with high-impact results that enable them to grow and drive successful business outcomes.”
Vroozi’s ongoing innovation continues to modernize the procurement and finance landscape. By enabling companies to connect their own systems and partner solutions to the Vroozi platform, procurement and finance leaders are able to simplify their procure-to-pay operations, expand utilization, and scale without onerous data maintenance and synchronization. With Vroozi, companies can leverage digital speed, accuracy, reach, and scale.
“In contrast to standalone E-Procurement and Invoice-to-Pay solutions, comprehensive Procure-to-Pay capabilities are designed to more effectively bridge procurement, accounts payable, risk management/compliance and treasury requirements. The diversity of requirements and stakeholders brings a real world need to define each organization’s buying persona,” says Pierre Mitchell, Chief Research Officer at Spend Matters.
Today, Vroozi’s modern and user-friendly solutions are relied on by organizations of all sizes to automate and digitize business purchasing and AP processes, including purchase requisitions, purchase orders, approval workflows, vendor invoice management and accounts payable. Learn more at Vroozi.com.
About Vroozi
Vroozi®—the leading business spend management, marketplace, and accounts payable invoice automation platform for mid-market and enterprise organizations—makes business purchasing and payables easier, efficient, and effective. Vroozi’s SpendTech® platform digitizes the procurement and vendor invoice management processes by leveraging AI and ML capabilities to intelligently orchestrate business processes while bringing powerful, enterprise-grade functionality to companies of all sizes. The digital platform reduces transaction costs, maximizes efficiency, and improves business margins while providing powerful financial insights to company stakeholders. Vroozi is designed for companies who want to manage all of their spend, drive end-user adoption with their employees, connect digitally with their suppliers, and maintain spend and payments visibility from anywhere, at any time. For more information, visit vroozi.com and connect with us on LinkedIn and Twitter.
