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ZIP

CEO: RUJUL ZAPARDE FOUNDED: 2020 EMPLOYEES: 500 +

Zip is widely recognised as the market leader in procurement orchestration, having defined the spend orchestration category and been named a Leader in IDC’ s inaugural 2024 Vendor Assessment for SaaS and Cloud- Enabled Spend Orchestration. Founded in 2020 by former Airbnb product leaders Rujul Zaparde and Lu Cheng, Zip provides a unified‘ front door’ that simplifies intake, sourcing, vendor management, purchase orders, AP automation and global payments.

Its AI-powered platform guides employees through the entire purchasing journey, automating policy checks, document extraction and invoice coding to reduce manual work and accelerate cycle times.

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46 September 2026