Introducing Yooz, first time exhibitors at Accountex Summit Manchester…
What do Yooz do?
Yooz provides the smartest, most powerful, and easiest-to-use cloud based E-invoicing and Purchase-to-Pay (P2P) automation solution. It delivers unmatched savings, speed, and security with affordable zero-risk subscriptions to more than 5,000 customers and 300,000 users worldwide.
Yooz’s unique solution leverages Artificial Intelligence and RPA technologies to deliver an amazing level of automation with extreme simplicity, traceability, and end-to-end customisable features It integrates E-invoicing and AP Automation into information systems or ERPs with more than 250 native connectors, exceeding any other solution on the market.
Yooz is a fast-growing, award-winning, SaaS innovator that is the perfect fit for mid-size organisations across all sectors. It has been recognised as a Great Place to Work®, AP Automation Software Top Performer by Featured Customers, Top 100 Fastest Growing Products by G2, Top AP Solution Provider by CFO Tech Outlook, AP/Invoicing Product of the Year Winner by Document Manager, and Top 50 Company to Watch by Spend Matters.
How did you get started?
From a visionary project to a key player in the AP automation, Yooz is the result of an entrepreneurial adventure relying on intuition, team spirit, and audacity.
Yooz story began in 2010 when a group of innovators within ITESOFT placed a bet on SaaS and launched an AP automation solution aiming at the SME market which until then had been left out of the automation technologies.
Having decided to concentrate its resources on its historical activities, ITESOFT gave its independence to the Yooz project end of 2014. Convinced of the project’s relevance and potential, Didier Charpentier, Magali Michel, and Jean-Marc Pédréno decided to breathe new life into Yooz, giving the company a fresh start.
Significant investments were then made to accelerate growth and expand internationally.
Yooz launched its solution in the United States, successfully penetrating a market that looks for innovative solutions to improve the productivity, reliability and security of invoice processing.
From 2017 on, the U.S. teams were gradually strengthened, with a CEO, a COO, a Marketing Manager and a Sales Manager. From 2018 on, the teams’ hard work started bearing fruits. Since then, Yooz has been commercially successful and managed to self-finance its development.
A visionary by nature, Yooz has always been careful to prepare for the future. In 2020, it launched a new strategic plan, “Rising from the Cloud”, based on a revolutionary product “Yooz Rising”, which now integrates a direct payment feature. A new achievement that propelled Yooz into the world of fintechs.
By the end of 2021, Yooz is a pure SaaS player with more than 4,000 customers worldwide and an ARR in excess of $37 million, up +37% over the previous year. Already successful in the United States which represents 35% of its sales, Yooz has also successfully opened up the Spanish and UK markets and won its bet on the new product.
Having led Yooz operations in the United States, Laurent Charpentier has taken over as global CEO of Yooz at the beginning of 2022 to accelerate the company’s international expansion while pursuing the innovative strategy that has made Yooz so successful.
What are you looking forward to most at Accountex?
At Accountex, we are most looking forward to exploring the latest advancements in accounting technology and networking with industry professionals. The event promises a variety of insightful sessions, workshops, and opportunities to connect with thought leaders and innovators in the accounting field. This will provide valuable insights and inspiration to stay ahead in the ever-evolving landscape of accounting and finance.
Why should visitors come to your stand?
Visitors should come to our stand to discover how our solutions can streamline their financial processes and enhance efficiency. At Yooz, we offer innovative accounts payable automation technology that simplifies and accelerates invoice processing, providing significant cost savings and improved accuracy. Our team will be available to demonstrate the capabilities of our platform, answer questions, and discuss how we can tailor our solutions to meet the unique needs of your business.
It’s a fantastic opportunity to demonstrate how Yooz can revolutionise their financial operations with our cutting-edge technology, offering efficiency, cost savings, and enhanced accuracy. Don’t miss the opportunity to see how Yooz can transform your accounting operations!
Meet the Yooz team on stand G3 at Accountex Summit Manchester, taking place at Manchester Central on the 17 September.
