Next Matter lands $16M to automate business processes – TechCrunch
Summary
Hugenroth founded Next Matter to address these by replacing the patchwork of spreadsheets, email, costly custom apps and chat clients many companies use with a platform that links different tools (e.g. HubSpot, Slack and Zapier) together to in theory simplify various processes.While growth at all cost without too much focus on operational efficiency and excellence have been the normal operating mode in the last decade, we are entering a new normal, Hugenroth told TechCrunch via email. Operations are unique in every company, so a proper solution to solve a companys operations problems has to be unique to each companys unique circumstances Short of a proper solution that is fast and easy to adapt, businesses are constantly playing catch-up and are faced with constantly out-dated documentations of procedures and lots of error-fixing and -handling required when things do not work out, which leads to lots of manual work.From Next Matters mobile and web apps, users can drag and drop modules to create and automate workflows, forms and processes either from scratch or using prebuilt templates. For example, a customer could deploy a Supplier Onboarding workflow with steps like Finalize contract terms, Create legal documents, Upload documents to Google Drive and Prepare training sessions assigning each step to one or more employees and linking them to apps like Google Sheets, Dropbox and Salesforce. For instance, Next Matter customer Carvolution provides car rental services, which requires a series of operations steps involving different people, teams, systems, and external parties before a contract can be signed and you can drive away. According to Hugenroth, the plan is to expand to new industries that have similar requirements for operational excellence.The question is whether the process automation sector has reached the saturation point.
Funding
Review available funding amount, funding date, investors, and linked company information related to Next Matter lands $16M to automate business processes – TechCrunch in the interactive ISVWorld profile.