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In the News

Yooz: 2023 Year in Review

by Yooz the 03.21.2024

2023 in Review

The global accounts payable powerhouse reached new heights in 2023, celebrating a year of success with a wave of achievements and accolades that cement an already prominent position in the fintech sector.

 

Dallas, TX – March 21, 2024 Yooz, a globally recognized authority in Purchase-to-Pay (P2P) automation, celebrated another year of remarkable achievements in 2023. These recognitions built upon an already established reputation for innovation and unmatched expertise in streamlining business processes, and further reaffirmed the company’s key role in the fintech sector. Such recognition serves as a testament to the company’s dedication to empowering financial agility for businesses worldwide.


Laurent Charpentier, CEO, remarked, “Our relentless pursuit of innovation, coupled with our unwavering commitment to exceptional service and surpassing expectations, has propelled us to unparalleled growth, establishing new standards of success within our industry.”

 

Awards and Recognition

 

Yooz received several prestigious awards, showcasing the company’s ongoing commitment to pioneering innovation in financial automation. These include:

 

  • Spend Matters® “Procurement and Supply Chain 50 Providers to Watch.” The research-based organization, considered the leading solution intelligence source for procurement and supply chain professionals, grants this award after a 12-month assessment conducted by the publication to determine the best-in class industry players. This is the sixth consecutive year that Yooz has been recognized.
  • Three spots in G2’s 2023 Best Software Awards, ranking in the top 10 France Software Companies, top 12 Accounting and Finance Products, as well as one of the top 50 Fastest Growing Products. This peer-to-peer review site compares software and services based on user ratings, reflecting Yooz’s growing prominence in the workplace and ongoing commitment to their customers.
  • The prestigious Great Place to Work CertificationTM for the third consecutive year. This accreditation affirms the company’s steadfast commitment to a positive experience for its employees. This independent certification program is based on anonymous employee surveys, with 95% of all US employees believing that Yooz is a great place to work. In fact, Yooz scored in the 90th percentile in all categories surveyed in both the US and European divisions.

 

“As CEO, I’m immensely proud of our team’s dedication to crafting exceptional solutions and fostering a workplace where every individual can thrive,” remarked Laurent Charpentier, CEO of Yooz. “Earning recognition for both product excellence and employee satisfaction is a testament to our commitment to make a tangible difference in the lives of both our customers and our employees.”

 

Continuous Growth

 

Alongside Yooz’s external accomplishments, the company announced the appointment of new executives. Dave Kasabian, as Global Chief Marketing Officer, will steer Yooz’s global marketing efforts, collaborating closely with teams across Europe and America to maintain Yooz’s leadership in accounting automation while expanding the global reach and awareness of the Yooz brand. Jay Deubler, appointed as Chief Revenue Officer for North America, will leverage his established track record of building and scaling direct and indirect revenue teams to continue and accelerate Yooz’s strong growth in North America.  sales teams and concentrate on articulating the value of Yooz’s cutting-edge technology offerings.


In 2023, targeted market expansion included South Africa and the UAE and expansion of the partner network  including alliances such as with Dean Dorton and RKL eSolutions. These partnerships have empowered Yooz to add significant value to its offerings and effectively tap into new customers. Yooz eagerly anticipates further leveraging these partnerships to foster growth and innovation in the future.


Innovation remained a cornerstone in 2023, with the introduction of new product features aimed at extending the Yooz platform. Among these additions are Yooz Budget, a real-time budget management tool, YoozReports for streamlined reporting abilities directly from Excel, and YoozMobile, providing unparalleled flexibility with anytime, anywhere access.

 

Customer Wins

 

Yooz celebrated significant growth in its North American portfolio, proudly welcoming organizations including Cavenders, Young Automotive, and the Major League Baseball Players Association (MLB PA). These additions signify not only an expanding reach but also underscore Yooz’s capability to serve diverse sectors and provide customized solutions tailored to distinct customer requirements.

 

Other Highlights

 

The company unveiled a broad array of expanded resources dedicated to enhancing public education. This comprehensive update included the  third edition of the annual State of Automation in Finance report, offering deep insights and trends obtained from thorough research and analysis conducted by financial experts. Yooz also authored an ebook tailored to the automotive sector which was featured Industry Drive, a recognized leader in online business journalism. This comprehensive playbook serves as a guide for automotive organizations, helping them  identify their crucial  considerations for maximizing the value of  AP automation. Finally, the Ardent Partners report AP Pulse on the Mid-Market in 2023 was featured, providing a wealth of knowledge and performance metrics that shed light on accounts payable operations.

 

The collection also included a diverse range of client success stories across various industry verticals, illustrating how organizations have leveraged Yooz’s AP automation services to streamline their processes. Furthermore, Yooz expanded its educational webinar services to provide actionable insights and practical guidance.


Together these additions underscore Yooz’s commitment to the combination of domain knowledge and technology innovation that empower finance teams with the power and agility  for navigating the ever-evolving financial world.


“As we look ahead through 2024”, Laurent Charpentier, CEO, expressed, ”we look forward to  continuing our journey of innovation and delivering further breakthroughs that keep our customers on the cutting-edge of automation that empower both individuals and organizations.”



About Yooz

 

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 customizable features. 


Yooz North America is headquartered in the Dallas, Texas, metropolitan area with global offices in Europe.

 

Learn more about Yooz at www.getyooz.com

 

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