Tags:Artificial IntelligenceAutomationDevelopmentFinTechHumanInfrastructurePlatformRoboticsSoftwareSupply
Imagine a world in which companies receive over 95% of their invoices from over 90% of their suppliers, automatically, fully validated, touch-free and error-free, straight through to the ERP system, ready for payment… Imagine a world in which interactions between buyers and suppliers are automatically governed for compliance, and where discrepancies are managed quickly and efficiently… Finally, imagine a world in which all this is possible within a matter of weeks, without having to replace existing ERP systems or sourcing/procurement applications, and without having to change the environment or methods by which your staff works… You can stop imagining, because all of this is possible with Nipendo's cloud-based Source-to-Pay process automation platform. Companies that have implemented the platform, across different industries and spend-types, have significantly improved payment obligations and supplier relations, have reduced manual intervention and paperwork, and have sped up processes. They've become more efficient and have been able to transition staff to more value-added functions. Whether you are a supplier or a buyer – the Nipendo platform offers you an opportunity to modernize, digitalize, and become more efficient.
Location: United States, Massachusetts, Boston
Member count: 51-200
Total raised: $8M
Founded date: 2010

Investors 1

DateNameWebsite
-Magma VCmagmavc.co...

Funding Rounds 1

DateSeriesAmountInvestorsDeal News
11.03.2013Series B$8M-finsmes.co...

Mentions in press and media 8

DateTitleDescriptionCategoryAuthorSource
12.01.2023American E...Acquisition enables American E...--aithority....
11.06.2015Nipendo Wi...Nipendo Wins 2015 Supply and D...--magmavc.co...
10.06.2015Nipendo Aw...Nipendo Awarded a Patent for A...--magmavc.co...
09.07.2014Nipendo Na...Nipendo Named to 2014 Supply a...--magmavc.co...
01.06.2014Nipendo Na...Nipendo Named a "Cool Ven...--magmavc.co...
11.03.2013Nipendo Se... BOSTON, MA, Pioneer of the f...--vcnewsdail...
11.03.2013Nipendo CE...Share Share on Facebook Share ...-Gregory T....xconomy.co...
11.03.2013Nipendo Cl...Nipendo, a Boston, Massachuset...funding I...-finsmes.co...