SAN FRANCISCO--(BUSINESS WIRE)--Vroozi, the leading digital procurement and accounts payable platform for mid-market and enterprise organizations, today announced that it has been selected as one of Spend Matters’ 50 Providers to Watch for 2024. This prestigious recognition highlights Vroozi’s continued innovation, particularly its smart purchasing and supplier marketplace, embedded AI invoice document processing and analytics, and modern procure-to-pay (P2P) and AP Invoice Automation capabilities.
"Vroozi stands out as a P2P solution provider for the middle and enterprise markets, offering robust catalog management, marketplace integration, document intelligence, and mobility," said Xavier Olivera, Lead Analyst, Downstream Procurement at Spend Matters. "Renowned for its user-friendliness and high adoption rates, Vroozi delivers fast implementations and competitive pricing. Its extensive ERP integrations and comprehensive P2P and AP Invoice Automation process management highlight its versatility, making it a notable player to watch."
Vroozi’s selection for the 2024 50 Providers to Watch list is a reflection of its commitment to innovation and its proven ability to help companies improve financial visibility, control costs, and streamline procurement and AP operations. As organizations increasingly prioritize digital transformation, Vroozi’s platform enables businesses to manage spending more effectively and connect seamlessly with suppliers, all while integrating with existing financial systems such as SAP, Oracle, NetSuite, and MS Dynamics.
“We’re honored to be recognized again by Spend Matters,” said Shaz Khan, CEO and Co-Founder of Vroozi. “Our team’s focus on developing user-friendly and highly adaptable procurement solutions for the mid-market and enterprise has driven this recognition. We’re excited to continue delivering technology that simplifies procurement and accounts payable processes, enhances supplier relationships, and delivers rapid value to our customers.”
Vroozi’s AI-powered platform combines automation, intuitive design, and advanced analytics to help businesses digitize procurement and vendor invoice management. With fast, seamless integration, Vroozi’s solutions enhance user adoption, deliver quick return on investment (ROI), and help companies maximize their financial system investments.
About Spend Matters’ 50 Providers to Watch
Each year, the 50 Providers to Watch list recognizes fast-rising companies in the procurement and supply chain market. These solution providers continue to grow and innovate, propelling the industry forward with technology that addresses the ever-evolving challenges faced by businesses. Selection is based on deep market analysis and data from Spend Matters’ analysts, highlighting emerging leaders who are transforming procurement and supply chain processes.
About Vroozi
Vroozi — the intelligent procure-to-pay platform — is the leading business spend management, marketplace, and accounts payable invoice automation platform for mid-market and enterprise organizations. Vroozi’s SpendTech® platform digitizes procurement and vendor invoice management by leveraging AI and machine learning capabilities to intelligently orchestrate business processes while bringing enterprise-grade functionality to companies of all sizes. The digital platform reduces transaction costs, maximizes efficiency, and improves business margins while providing financial insights to stakeholders. Vroozi is designed for companies that want to manage all of their spend, drive user adoption, connect digitally with suppliers, and maintain visibility into spend and payments from anywhere, at any time. For more information, visit vroozi.com.
About Spend Matters
Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors, and solution providers alike as their procurement technology intelligence partner. For more information, visit spendmatters.com.
