Top 100 Companies in Procurement 2023 | Page 15

TOP 100 COMPANIES

86

Vroozi

Founded in 2012
CEO : Shaz Khan
www htps :/ com vrozi . / htps company www :/ / vrozi linkedin .

85

Arkestro

Founded in 2017
CEO : Edmund Zagorin
htps arkestro :/ com . / htps company www :/ / arkestro linkedin .
Vroozi is a business spend management , marketplace , and accounts payable invoice automation platform that simplifies business purchasing and payables for mid-market and enterprise organisations . Its cutting-edge SpendTech platform revolutionises procurement and vendor invoice management through AI and ML capabilities , intelligently streamlining business processes and delivering robust functionality for companies of all sizes . By digitising operations , Founded in 2012 in California , Vroozi reduces transaction costs , enhances efficiency , and boosts business margins , while offering invaluable financial insights to stakeholders . Tailored to companies seeking comprehensive spend management , employee adoption , digital supplier connectivity , and real-time spend and payment visibility , Vroozi provides a seamless solution accessible from any location , at any time .
Arkestro is a Predictive Procurement Orchestration Platform from San Francisco , revolutionising procurement ’ s influence by embedding desired outcomes into any system or process . With a focus on behavioural science , game theory , and predictive machine learning models , Arkestro empowers companies to optimise 100 % of their spend in a systematic and efficient manner . The inception of Arkestro was rooted in founder Edmund Zagorin ’ s experience as a procurement consultant , where he observed the substantial time and effort sourcing teams expended on collecting and comparing supplier quotes . Arkestro ’ s concept of “ active monitoring ” addresses this challenge by significantly enhancing cycle time , reducing manual data entry and analysis , and eliminating the need for user adoption , training , or login , except for Admin-level users . The platform strives to deliver tangible business impact without hassle .
Software Development
United States
Technology , Information and Internet
United States
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