Approve.com Announces $5 Million in Seed Funding
Summary
Using a lightweight cloud-based platform, Approve leverages automation to standardize and streamline the procurement process, empowering organizations to increase operational efficiency, cost savings, and visibility and control over business spend. As companies look to scale and move away from the disarray of ad-hoc emails and spreadsheets, Approve delivers employees, budget owners and vendors the ability to seamlessly collaborate and provide procurement managers greater control and visibility into the entire operation. Smart businesses have turned their focus to software-as-a-service (SaaS) and cloud-enabled procurement software because they need flexible and agile applications that are relatively easy to implement, configure, and update while also bringing in the latest innovation,” according to IDC1 . Approve introduces automation to procurement operations and frees up managers to focus on strategic initiatives, while providing a seamless user experience that drives collaboration and adoption. Approve transforms procurement processes in modern companies and was built to be highly scalable while providing a seamless usage experience to employees, budget owners and vendors.
Funding
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