News

Procurement automation platform Approve secures USD 5 mln

Thursday 6 August 2020 09:40 CET | News

Approve, a procurement automation platform, has raised USD 5 million in a seed round led by Aleph

The funding will be used for innovation and global expansion, establishing US operations, investing in growth for its R&D team, and supporting new and existing accounts.

The Software-as-a-Service (SaaS) platform creates custom approval workflows and tracks requests, orders, and vendor onboarding. It also integrates with existing ERP (Enterprise Resource Planning) solutions and syncs with real-time budgets. There is a searchable vendor database that includes business information and spend volume as well as a unified interface that organises all procurement-related data in one place. 


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Keywords: procurement, Approve, Aleph, US, R&D, Software-as-a-Service, SaaS, onboarding, ERP, Enterprise Resource Planning, data
Categories: Banking & Fintech | E-invoicing, SCF & E-procurement
Countries: World
This article is part of category

Banking & Fintech