Yooz: Redefining the Standards of AP Automation

With our advanced P2P automation solution, we enable finance professionals to save time and reallocate resources for more valueadded tasks, thereby, letting them generate a high ROI

What is a groundbreaking solution without all the great minds working behind it? As the popular saying goes, ‘You don’t build a business, you build people, and the people build the business,’ Yooz lives up to this belief. Backed by brilliant tech research, marketing, sales, support, finance departments, and employees with over 20 years of experience in the AP landscape, the firm focuses on the synergistic effect of AI and deep learning to let customers capture invoice data in just 10-15 seconds. “It is unlikely in case of any other AP automation provider who typically outsources data extraction to thirdparties, resulting in an account processing time that exceeds 72 hours, in most cases,” reveals Manning.

Meanwhile, the incredible support team at Yooz goes beyond the periphery of any other middleof- the-road customer support teams to assist clients in each step. Every single person is involved in the entire lifecycle of a customer. “Being a customer-focused company, we extend every kind of support possible to our customers—right from the very first phone call to the very last time they process a document using Yooz,” affirms Nimia Amaya, Senior Marketing Director, Yooz.

Striving for Excellence

Owing to its cutting-edge features and the white-glove support offered by its team of experts, it is quite understandable how, today, over 20,000 users are automating their invoices using Yooz. In an instance, Salsarita, a U.S.-based chain of Mexican restaurants, was experiencing a barrage of pain points around their heavily paper-based workf low. It led to a large number of lost invoices that later turned into a backlog of 6,000 documents per month waiting to be manually entered or scanned into the system. That is when Yooz quickly stepped up to the challenge. Leveraging the simplicity and userfriendliness of the Yooz AP automation platform, the client’s finance department was able to free up enough workload and time for the team to redirect resources toward more important initiatives like improving the ROI, all the while raking up savings amounting to $30,000 a year. “Especially when finance departments are scrambling to gain visibility into their accounts-payable processes amid the pandemic, our customers are more than happy to streamline their accounts payable processes with the most powerful and easiest to use AP automation solution—that requires minimal training” adds Nimia.

As a part of its plan for the future, Yooz has oodles of promising offerings on the plate. On one side, the firm is keen to upgrade its products’ capabilities, and, on the other, with a strong presence in France, and having already expanded into the U.K. and Spain, the company plans to further broaden its footprint into the Latin American region. Alongside, Yooz plans to completely integrate payment processing services, collaboration tools, and budgeting features within the application. “Finally, with a line of smart technologies and personal user support at our disposal, we will be able to help our clients automate a wide variety of other processes and deliver more value,” concludes Charpentier, as he looks forward to helping Yooz become the ‘pebble in the pond’ that will revolutionize the AP industry in years to come.