Zaggle, a profitable SaaS FinTech company and a pioneer in digitizing business spends, has been awarded with ‘The Next 100 Global Awards 2022 - Spend Management Solutions’ for their product ‘Zoyer’. Infosys, Finacle, Banco Santander (Chile), Maveric Systems, Union Bank of the Philippines were few of the other corporates recognized at these awards.

‘Zoyer’ is a cloud-native platform, available on a SaaS model and automates complete accounts payable lifecycle of a corporate. Zoyer unites accounts payable and credit card payments onto a single platform to enable enterprises streamline business to business payables for effectively managing operating cash flows and maximizing business performance.

The Global Banking and Finance Awards recognize organisations across the banking and FinTech industry. The awards felicitate companies at the forefront whose strategy, achievements, dedication, and leadership demonstrate outstanding achievement and are committed to delivering the products as per clients needs, acting as a catalyst for the industry. Since 2011, these awards have been reflecting the progressive and inspirational changes taking place within the global financial community.

Raj N, Founder and Chairman, Zaggle said, "It is a proud moment for all of us at Zaggle to have been recognized by the Global Banking and Finance Awards. With innovation at the crux, we work hard to provide organisations with new and innovative solutions to maximise organisation efficiency and employee productivity. ‘Zoyer’ a cloud native platform is available on a SaaS model and it simplifies, automates B2B payments for enterprises and SMEs thereby helping in efficiently managing cash flows. This award acknowledges Zaggle's progress and motivates us to push the envelope and further disrupt the Spend management sector which presents a huge opportunity in itself.”

Avinash Godkhindi, MD & CEO, Zaggle said, “We are honoured to be recognised at the Global Banking and Finance Awards. At Zaggle, our aim has been to develop cutting-edge solutions that will automate processes and empower companies to boost its productivity, efficiency, and transparency. Some of the biggest corporations and SMEs in India currently use Zaggle's multi-product suite to enhance organisation efficiency, maximise employee productivity and channel incentives. This award is a testament to Zaggle's innovation and contributions to the SaaS FinTech sector.”

Zaggle has had a phenomenal growth journey in the $1 trillion addressable Indian spend management market. The company provides its customers with a unique expense management system along with employee rewards and recognition program services. Zaggle has been consistently expanding its product line with an aim to tap into the spend management space in the country.