Yooz Announces Further Expansion Into Europe

  • Payments , Cloud
  • 17.11.2020 01:46 pm

Yooz, the international provider of intelligent purchase-to-pay (P2P) software, today announced the launch of its automated, cloud-based accounts payable (AP) solution in Switzerland, Luxembourg and Belgium.

The company is dedicated to making an intelligent, automated P2P automation solution easy and affordable for all businesses in these regions, regardless of size, industry and volume of documents.

The P2P software seamlessly integrates with more than 250 ERP solutions currently on the market, such as Microsoft, SAP, Oracle, Exact, NetSuite and more.

Yooz has entered a period of rapid growth in Europe, with the launch of its solution in Spain in July 2020  and now entering the market in Belgium, Luxembourg and Switzerland.

Speaking on this global expansion, Magali Michel, Director of Yooz, said: “In the current crisis, companies are clear about the need for digital tools. Not only for service continuity, but also to free up accounting and finance teams from repetitive, tedious and low value-added tasks. Our solutions are designed for companies in this "new era” that we are building together.”

The Covid-19 pandemic highlights the critical importance of digital to drive growth

For many administrative and financial managers, paperless is both the future and vital to their interests. But, there’s a stumbling block: fear of launching into a project that could be tough, costly and risky—or so they think. Yooz’ answer is to transform AP automation into an easy-to-use and affordable solution

The pandemic is a wake-up call. Finance departments must take decisive action and optimize their accounting processes to save time and money. Digitizing these processes enables them to achieve precisely these objectives:

  • Eliminates the need for paper
  • Reduces the cost per invoice by up to 70%
  • Cuts processing time from weeks to days
  • Full mobile functionality: ability to process AP documents from anywhere, anytime
  • Ends the loss of paper documents
  • Friction-free relationships with suppliers
  • Complete strategic visibility on business spending
  • Smart fraud detection
  • And much more…

Micropole Group, the international consulting and innovative technologies group, present in Switzerland, Belgium and Luxemboug, has already chosen Yooz’s unique and powerful solution to process 10,000 annual supplier invoices. Employees are enthusiastic and rightly so: by immediately eliminating some of the most time-consuming and tedious tasks (data entry, filing, search and more) while providing visible results quickly, the accounting teams can keep on workin while maintaining good relations with suppliers.

Véronique Kvartovkine, Head of Accounts, Micropole Group, said: “How could we do without a solution that streamlines accounting processes and makes them more reliable? A newcomer in our company can take over accounts payable in a few hours."

This disruptive solution offers an exceptional level of efficiency, simplicity and implementation. It allows every company to benefit from the most sophisticated technologies in the best conditions of accessibility.

Its end-to-end service runs entirely in the cloud and covers all the P2P process, so companies can easily and seamlessly capture, manage, and process financial documents without up-front investment. Moreover, it integrates natively with more than 250 accounting software and Enterprise Resource Planning (ERP) software solutions including BOB 50, Microsoft, SAP, WinBooks, Oracle, Exact, Winbiz, WinEur, etc. It boasts the "Designed for NetSuite" label, a program designed for partners in NetSuite’s SuiteCloud Developer Network.

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