Gaviti raises $9M for SaaS collections automation – SahityaDarpan

Gaviti CEO Yan Lazarev told VentureBeat that he conceived of the idea with CTO Alex Komarovsky when he was the finance manager at Cornerstone OnDemand. Gaviti has developed tools to rapidly convert data from the ERP systems into a format optimized for collections analytics and processing. Lazarev said Gaviti has focused on delivering an enterprise-level product that is rapidly deployed and operates intuitively, making it easy for teams to utilize. The new funds will go towards aggressive growth and expansion in North America and Europe and introducing additional FinTech solutions in Q2 and Q3 of this year. These include funding, factoring and receivables insurance products, to help ensure a more reliable cash flow for enterprise customers.