Coupa Software | August 16, 2021
Coupa Software, a leader in Business Spend Management (BSM), has launched the Coupa App Marketplace, giving customers an easier and smarter way to extend the power of the leading BSM platform. The Coupa App Marketplace connects businesses with certified, pre-built solutions that create a seamless way to tap into a trusted global community of BSM partners.
With the complexity of today's business landscape, companies increasingly need innovative technology partners that help them deliver greater efficiency, agility, and value. Coupa's focus on building an open BSM community ensures that businesses develop genuine partnerships that enable them to thrive in today's environment.
"Companies have emerged from the pandemic with a newfound appreciation for managing spend effectively and comprehensively. Coupa's BSM platform is a core system of record for them, with the expectation that it can be extended to deliver even more value," said Roger Goulart, executive vice president, Alliances and Business Development. "We launched the Coupa App Marketplace as a significant evolution of our open platform, to make it even easier for customers to discover and connect solutions from our rich partner community to empower businesses to spend smarter."
The Coupa App Marketplace is the first marketplace in the comprehensive BSM space that offers solutions to extend a customer's existing tech stack and deepen their BSM capabilities so they can easily share information, automate workflows, and conduct key tasks. Solutions from the Coupa App Marketplace range from supply chain insights to supplier risk analysis all the way to travel and expense and IT management, and are designed to be:
Adaptable - Enable quick access of off-the-shelf applications and integrations to address evolving business needs.
Connected - Provide seamless linking between systems for a single source of truth and end-to-end workflows.
Efficient - Deliver expert deployment of limited IT resources through secure applications specifically built for Coupa's platform.
"The launch of the Coupa App Marketplace is a natural evolution for the business spend management company and represents the formalization of a platform and 'open cloud' strategy that Salesforce and Google, among others, have made a central component of their value propositions," said Jason Busch, founder of Spend Matters. "There are thousands of solution and content providers who would be thrilled to participate in an open ecosystem which allows them to work collaboratively and seamlessly with Coupa's customers in procurement, finance and supply chain. If widely adopted, it will change the basis of competition in the market."
In addition, the Coupa App Marketplace offers an expanded go-to-market opportunity for Coupa's community of partners to grow, thrive, and innovate in Business Spend Management.
The Coupa App Marketplace features a continuously growing range of compelling apps, for a vast array of business functions, from key partners such as Kofax, Vertex, SourceDay, Per Angusta, The Smart Cube, EcoVadis, and SecurityScorecard, to name a few.
"We are proud to be a part of the Coupa App Marketplace and a trusted CoupaLink technology partner," said Tom Kieley, CEO of SourceDay. "Our team leverages Coupa's open BSM platform to combine our leading direct spend collaboration capabilities with Coupa's comprehensive approach to direct and indirect spend. Together, Coupa and SourceDay enable unbeatable supplier network collaboration, creating resilient supply chains, and fueling critical savings for our customers."
About Coupa Software
Coupa empowers companies around the world with the visibility and control they need to spend smarter and safer. To learn more about how Coupa can help you spend smarter
Synechron | August 06, 2021
Synechron, a renowned digital transformation consulting group focused solely on the financial services sector, and Kasisto, the founders of KAI, the leading digital experience system for the financial services industry, have teamed up to deliver superior, forward-thinking client engagement solutions to international financial institutions.
Synechron's premier banking, asset management, and insurance clients can now have accessibility to Enlighten, KAI and Kasisto's cutting-edge, next-generation intelligent digital assistant solution. Kasisto's Enlighten gathers a full financial picture for each client by leveraging each user's financial and engagement history, which is then supplemented with deep behavioural insights. This could then engage the client proactively through human-like dialogues across text, speech, and touch modalities, offer hyper-personalized subsequent best action ideas, and assist customers through their financial journey.
“Financial services businesses have seen an increase in client demand for on-the-spot responses and assistance via digital platforms. Furthermore, both complexity and accuracy are important in banking and financial services businesses. An sophisticated AI-powered intelligent engagement platform that already understands the customer's entire profile and history may give significant value to both customers and opportunities for recruiting and maintaining clients. The capacity to provide a comprehensive financial services taxonomy, as well as enterprise-scale integration, is critical to success. We are excited to be collaborating with Kasisto to further the innovation of their conversational AI solution, which will greatly improve customer experiences and deepen relationships while building brand loyalty with providers,” replied Sandeep Kumar, Managing Director and Head of Synechron's InvestTech Accelerator programme.
The collaborative work will combine KAI's proven conversational AI functionality and the next generation of intellectual customer engagement; Enlighten by Kasisto, with Synechron's digital transformation strategy as well as implementation experience, allowing top tier organisations to deliver a best in class and humanised digital transformation experience to establishments across the banking and financial services industries.
The collaboration will result in superior, forward-thinking customer engagement solutions which are both useful and cost-effective for financial services firms. With the use of digital self-service technologies, these solutions both enable and assist financial institutions in rethinking and reimagining their contact centre strategy. Synechron will provide these customer engagement solutions to both existing and new clients throughout the world.
“The financial services sector is entering a new era of cognitive banking client engagement because to our clever digital assistants. Enlighten by Kasisto provides previously unthinkable levels of digital engagement based on deep contextual information and specific consumer preferences. Digital assistants are becoming the primary method for consumer contact. We are thrilled to be collaborating with Synechron to address their clients' and the financial services industry's present and projected engagement challenges,” stated Zor Gorelov, CEO and Co-Founder of Kasisto.
Botkeeper | July 29, 2021
Clients of Botkeeper will soon be able to use a new functionality powered by Vic.ai that is built in the Botkeeper Operating System. This new module will offer accountants and firms a unified, faster, more intelligent, and advanced autonomous Accounts Payable (AP) solution coupled with their general ledger (GL) and bill pay systems, all from within the Botkeeper Operating System.
The incorporation of Vic.ai into the Botkeeper Operating System provides accountants with improved autonomous invoice processing and real-time analytics. The combination of Botkeeper and Vic.ai will bring together the most comprehensive source of data in a continually smarter platform, removing onerous and manual duties from an accountant's day-to-day activities. With advanced machine learning, artificial intelligence, and professional accountants, the most comprehensive Client Advisory Services (CAS) management platform will be built, which will be revolutionary for accounting firms across the United States.
The new autonomous module powered by Vic.ai will enable invoice processing to take place without any prior data entry or categorization evaluation. This encompasses everything from vendor identification to line item pricing and dimensional categories. Botkeeper and Vic.ai's collaborative approach will assist accounting businesses in becoming more AI-enabled, resulting in time savings, error and duplicate reduction, easy system integrations, and effective approval procedures.
Accounting businesses will benefit from new reporting and insights generated by artificial intelligence and statistical analysis of a data collection unlike any other. Using the time saved, a firm's team will be able to evaluate and share data with their clients in order to assist them in making the most educated business decisions.
Botkeeper is a premier automated bookkeeping solution that offers accounting businesses and their clients an effective blend of trained accountants, machine learning, and artificial intelligence. The various packages offer full-suite bookkeeping and pre-accounting solutions, a consolidated platform with tools to enhance company processes, and the best quality support, all tailored to meet the particular demands of our clients at any stage of growth. Accounting businesses that use Botkeeper can expand their book of business, diversify their service offering, enhance capacity, and minimise stress during tax season—all while lowering their overhead costs. The powerful and simple-to-use technology has assisted firms across the United States in realising their full potential, providing greater service to their clients, and doing more of what they enjoy.
Vic.ai is the Accounting Productivity AI (Artificial Intelligence) Platform. Machine learning technology developed by Vic.ai has been trained on over 500 million live accounting documents and transactions. Vic.ai's Autopilot functionality already outperforms human-level accuracy for many activities, allowing accountants, CFOs, controllers, and accounts payable (AP) teams to execute totally autonomous accounting, become more efficient, and eliminate errors on routine accounting operations.