We are an amalgamation of both worlds and are bringing it to the new age, which is called spend management. We’ve got new age technology that’s more focused on removing the reactive spend from expense to be more proactive. I would consider them more traditional procurement-focused where they’re focused on larger volumes. Who are your competitors? Where do you fit in?Īman Mann: There is an enterprise space that plays very strongly in this trend of spend management. There are companies like Coupa that are very well-positioned in this market. Help me understand where you fit in the ecosystem. Sramana Mitra: Let’s start with a bit of an ecosystem map.
Our product can be adopted easily across an organization because of its ease-of-use, better user experience, and smarter decision making. These organizations lack the understanding of how they spend their money. Our real mission is to enable organizations to become successful in their own mission.
We help manage an organization’s spending. Procurify is a product or service that is helping organizations empower their teams to make smarter decisions on spend. Sramana Mitra: Let’s start by introducing our audience a bit to yourself as well as to Procurify.Īman Mann: I’m the CEO and one of the co-founders of Procurify. Here, we discuss the mid-market situation for the sector. Procurement and spend management software has gained good adoption in the enterprise.
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