Earlier this year, Yooz and Sage announced a global strategic alliance. After its successful implementation in countries such as France, the United Kingdom and Ireland, South Africa and the Middle East, they have decided to extend the financial automation model to Spain with the aim of accelerating the digital transformation of the financial management of companies of all sizes, from SMEs to larger companies.
This alliance will allow companies to achieve a higher level of automation, control and security in their financial processes.
Within the framework of this collaboration, Yooz joins the Sage ecosystem as an Independent Software Vendor (ISV). Integrated into Sage Network, its cloud solution allows you to comprehensively automate the Purchase-to-Pay (P2P) cycle, from receipt of the invoice to its approval and posting. The platform helps reduce the costs and times associated with invoice processing by more than 80%, offering companies a higher level of automation, control and traceability in their financial processes, all integrated into the Sage environment.
This approach responds to a growing trend among companies, which seek to improve their operational efficiency by digitizing their financial processes. A recent Sage study (1) indicates that 79% of chief financial officers (CFOs) consider process automation to be a strategic priority to optimize business management.
“This collaboration with Yooz marks a new step in our commitment to accompany SMEs in Spain. By combining the Sage ecosystem with Yooz’s experience in automating the Purchase-to-Pay cycle, we help financial teams gain efficiency, visibility and control with a solution that is easy to implement and fully integrated into their Sage environment” commented Dani Lisicic, Tech Partners & Strategic Alliances at Sage Spain.
Technology that optimizes financial management
This alliance expands Sage’s offering with a solution specialized in automating the Purchase-to-Pay (P2P) cycle. Yooz combines advanced technology with extensive operational experience to simplify and optimize the management of financial processes:
- Intuitive user experience that allows financial teams to manage and monitor their operations with greater autonomy and control.
- Advanced real-time automation technologies based on artificial intelligence, Deep Learning and Big Data.
- Value-added services that include purchase requests, generation of accounting entries, order reconciliation, line-by-line delivery notes and invoices (three-way matching), budget tracking, dynamic approval circuits, legal filing, fraud detection using artificial intelligence and traceability and auditing tools.
- A flexible and scalable solution, ready to grow with companies and available from computers, tablets and mobile phones.
- Seamless integration with Sage solutions thanks to new API connectors that simplify the connection between systems.
Laurent Charpentier, Chief Executive Officer of Yooz, commented: «We have been supporting organizations whose financial needs are increasingly more complex for more than fifteen years: multi-company structures, multiple ERPs, large volumes of documents and operations that combine the national with the international. With this alliance, we unite Sage technology and our experience in Purchase-to-Pay to offer our clients powerful, secure and truly easy-to-implement financial automation.”
This alliance expands Sage’s offering with a solution specialized in automating the Purchase-to-Pay (P2P) cycle.
The alliance between Sage and Yooz has global reach and is deployed in several strategic markets, including France, Spain, the United Kingdom, Ireland, South Africa, the United Arab Emirates, the United States and Canada.
