Yooz - AP Automation Software Solution

Yooz provides the smartest, most powerful and easiest-to-use cloud-based 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. It integrates seamlessly with more than 250 financial systems, exceeding any other solution on the market.

Our values

Yooz_Inc_2022_Certification_Badge

A people's

company

We are an inclusive, diverse and multicultural organization, that creates an encouraging, respectful and uplifting community. We are fearless innovators who like to work together, have fun together, and challenge ourselves to provide the best in finance technology solutions.

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Integrity

Working with

Our team is honest, open-minded and personable. We strive to do the right thing. We communicate openly. We have a positive attitude.

Excellence

Striving for

We pursue excellence in everything we do. We delegate responsibilities. We take initiatives to provide the best quality through hard work, determination and innovation.

Ambition

Driven by a shared customer-centric

We share a common goal. We are efﬁcient, competitive and accountable. We are committed to satisfying each client. We value ambition and adaptability.

Innovation

R&D and

Being on top of the global technological leadership is Yooz origin, DNA and meaning of success. Yooz inherited 35 years of technology expertise focused on document processing automation.

Ensuring its leader position and major contributor mission, Yooz provides the scientific community with more than 100 publications suggesting crucial progress in Artificial Intelligence and in Machine/Deep Learning. Yooz technology dominance is reflected by acknowledgment such as “10 Best Cloud Solution Provider” by Industry Era, “Best of SaaS Showplace (BoSS)” by THINKstrategies, “Top 10 Accounting Solution Provider” by CFO Tech Outlook.

Innovation

Yooz Executive Leadership Team

Laurent Charpentier

Yooz CEO

Graduated from the Massachusetts Institute of Technology (USA) and INSA Lyon. Laurent worked as Solution Lead Architect and Lead Consultant for Accenture, and Business Analyst at Dell Inc. Since 2016, he has been Yooz NORAM COO and CIO and became Yooz CEO in 2022 to lead the next growth momentum.

Magali Michel

Yooz COO EMEA

Graduated from Montpellier Business School, Magali joined ITESOFT in 1989. She successively took over the Sales department, the France Marketing department and finally the Global Marketing Direction. Since 2010 as Yooz COO, she has been leading EMEA development.

Jean-Marc Pédréno

Yooz CTO

SUPELEC Engineer, AI option. Jean-Marc joined ITESOFT in 1988. He manages R&D, product development, strategic projects, and oversees Quality Control and Innovation, in France and UK. Since 2012, he has been the head of Yooz technical activities.

Didier Charpentier

Yooz Founder and Chairman of the Board

INSA Lyon Engineer and holder of a Master of Science from Purdue University (USA). Worked for 2 years at INRS Brazil. He founded ITESOFT in 1984. In 2010, he created the company Yooz (France and USA). As a Chairman and shareholder, he assists the management team of these 2 companies to accelerate growth.

Our performances

1 single focus

automatic document processing

100+

scientific publications focusing on AI and Deep Learning

25%

of income reinvested in R&D annually

1,000+

R&D man-years

Born in the Cloud in 2010

Yooz, an entrepreneurial success story

Yooz is the best SaaS solution to automate the processing of supplier invoices. Relying on AI for a rate of automation exceeding 80%, it saves considerable time and money for SMEs and accountants.

The success of Yooz relies on an incredible strong-willed community formed by its 400 employees and more than 300,000 users across 44 countries.

Based in France and the United States, the company has been growing at an average rate of +40% per year.

From a visionary project to a key player in the AP automation, Yooz is the result of an entrepreneurial adventure relying on intuition, team spirit, and audacity.

Yooz story began in 2010 when a group of innovators within ITESOFT placed a bet on SaaS and launched an AP automation solution aiming at the SME market which until then had been left out of the automation technologies.

Having decided to concentrate its resources on its historical activities, ITESOFT gave its independence to the Yooz project end of 2014. Convinced of the project's relevance and potential, Didier Charpentier, Magali Michel, and Jean-Marc Pédréno decided to breathe new life into Yooz, giving the company a fresh start.

Significant investments were then made to accelerate growth and expand internationally.

Yooz launched its solution in the United States, successfully penetrating a market that looks for innovative solutions to improve the productivity, reliability and security of invoice processing. Yooz American dream became a reality.

From 2017 on, the U.S. teams were gradually strengthened, with a CEO, a COO, a Marketing Manager and a Sales Manager. From 2018 on, the teams’ hard work started bearing fruits. Since then, Yooz has been commercially successful and managed to self-finance its development.

A visionary by nature, Yooz has always been careful to prepare for the future. In 2020, it launched a new strategic plan, "Rising from the Cloud", based on a revolutionary product "Yooz v2 Rising", which now integrates a direct payment feature. A new achievement that propelled Yooz into the world of fintechs.

By the end of 2021, Yooz is a pure SaaS player with more than 4,000 customers worldwide and an ARR in excess of $37 million, up +37% over the previous year. Already successful in the United States which represents 35% of its sales, Yooz has also successfully opened up the Spanish and UK markets and won its bet on the new product.

Having led Yooz operations in the United States, Laurent Charpentier has taken over as global CEO of Yooz at the beginning of 2022 to accelerate the company's international expansion while pursuing the innovative strategy that has made Yooz so successful.

At Yooz, we unleash the creative and innovative power of individuals, finance teams, and organizations by freeing them from tedious, inefficient, and costly manual tasks.

Our values

Innovation

Yooz Executive Leadership Team

Our performances

Yooz, an entrepreneurial success story