Articles from Yooz

Despite businesses investing heavily in AI, automation and digital platforms, many employees remain resistant to workplace technology, especially as generational differences shape how workers perceive and engage with new tools. Yooz, a cloud-based purchase-to-pay (P2P) automation provider, reveals in its latest research that 1 in 7 employees have outright refused to use a workplace tool, and 39% admit to being reluctant adopters. These findings highlight a critical disconnect between innovation and execution, and an opportunity for companies to address it.

Yooz, a leading cloud-based purchase-to-pay (P2P) automation provider, today announced the North American launch of YoozProtect, an advanced fraud prevention and security solution designed to set a new standard in safeguarding accounts payable (AP) operations. Already established and highly rated in EMEA, YoozProtect is now available to businesses in North America, delivering the most powerful combination of AI tools against fraudulent activity, enhanced vendor authentication and secure payment workflows.

Despite continued advancements in technology, businesses across industries are struggling with inefficiencies tied to outdated paper processes, creating operational risks and hindering their ability to achieve digital transformation. Yooz, a cloud-based purchase-to-pay (P2P) automation provider, reveals in its latest research that 74% of finance teams still rely heavily on paper workflows, stifling their potential for cost savings, agility and sustainability.

Finance teams face increasing strain as economic pressures and shifting business demands challenge their ability to meet strategic goals and operational responsibilities. New research from cloud-based purchase-to-pay (P2P) automation provider Yooz shows that finance professionals deal with heavier workloads, longer hours, and rising stress levels. These pressures are further amplified by tighter budgets, leaving teams stretched thin and struggling to manage their workloads.

Yooz, a leading purchase-to-pay (P2P) automation provider, is celebrating its 10th year in the U.S. market. Founded in France, Yooz entered the market in 2014 and has since established itself as a recognized expert in the AP automation space, driven by its commitment to delivering the smartest, most powerful solutions to customers.

Yooz, a leading provider of AP automation and payment solutions, is excited to announce the recent appointment of John Gronen as Chief Financial Officer, and Jay Deubler as Chief Revenue Officer, who joined the team last year. These strategic hires reinforce Yooz's ongoing momentum, integrating new leadership and diverse experience to further the company’s growth.

Leading Accounts Payable (AP) automation solution provider, Yooz, announced the release of its fourth annual State of Automation in Finance report. Surveying 1,550 finance and accounting decision-makers across the USA, UK, France, Spain, South Africa, Switzerland, Belgium, UAE and Luxembourg, the report examines the evolving challenges and opportunities within finance departments.

Today’s business leaders are demanding more from their accounting teams, yet these teams lack the time and resources to deliver due to a mountain of manual, repetitive tasks. According to new research from the Cloud-based purchase-to-pay (P2P) automation provider Yooz, only one in three finance professionals are able to meet the rising expectations of C-suite leaders–leading to escalating frustration and tension across the organization.

Widespread apprehensions among U.S. workers regarding the negative impacts of artificial intelligence are impeding the broader adoption of beneficial AI advancements, a recent survey reveals. From fears of job displacement to concerns about business fraud and biased decision-making, the findings underscore a significant barrier to embracing AI across industries. The respondents expressed particular concerns about AI’s use in business finance and operations, presenting a challenge for FinTech firms seeking acceptance and trust in AI-driven solutions.

Yooz, a leading purchase-to-pay (P2P) automation provider, today unveiled two new features in its lineup of user-centric upgrades already implemented in Yooz’s robust platform. Together with YoozPay, YoozReports and Yooz’s real-time budgeting feature are poised to elevate financial decision-making by offering unmatched visibility and streamlining capabilities for the entire procurement process.

Yooz CEO Laurent Charpentier expressed his pride as the company received its third consecutive Great Place to Work Certification™, affirming the company’s steadfast commitment to a positive experience for its employees.

Leading Accounts Payable (AP) automation solution provider, Yooz, today announced the launch of its third annual investigation into the State of Automation in Finance. The report surveyed more than 1500 financial and accounting decision-makers across the USA, UK, France, Spain, South Africa, Switzerland, Belgium, UAE and Luxembourg to track the evolving challenges facing finance teams from 2021 to date – including the progress of digital transformation and the evolution of hybrid working.

Half of U.S. workers under 25 tie their industry’s adoption of new technology to their prospects of career advancement, according to a new study by Yooz. These workers are often the first to embrace new workplace technologies such as AI and automation—but they express frustration when employers fail to devote enough time to employee training or to keeping up with the times.

Yooz, a leading purchase-to-pay (P2P) automation provider, is accelerating into 2023 with a growing list of key clients, growing loyal customer base, internal growth, global recognition and prestigious industry and workplace awards – further positioning the company as a top solution in the fintech and digital payment industry.

Yooz, a leading purchase-to-pay (P2P) automation provider, announced today the company has received a Great Place to Work Certification™ for a consecutive year, following its 2021 recognition. Earning this award for the second time is a testament to the company’s continual dedication to positive employee experience. In 2022, 93% of employees said Yooz is a great place to work, exceeding the average U.S. company by 36 points.

Yooz, a leading purchase-to-pay (P2P) automation provider, has announced today plans to speak and demo the latest features of their AP automation product at Sage’s annual conference, Sage Transform – taking place October 10-14 in Orlando, Florida. Yooz joins Sage and the rest of the Sage Intacct community at this year’s conference to share the latest industry insights and connect with customers, partners, and experts.

Yooz, a leading purchase-to-pay (P2P) automation solution provider, today announced the release of the second edition of their global report, titled Automation’s Crucial Role in Security and Talent Acquisition. This year’s State of Automation in Finance report examines the current challenges and opportunities that finance leaders are facing, especially in the areas of cybersecurity and recruitment, and further assesses how the roles and priorities of CFOs have evolved from 2021.

Accounts Payable (AP) automation market leader Yooz today announced the company has another addition to its leadership team, naming Jennifer Andreas as the North American Head of Channel Partnerships.

Yooz, a leading purchase-to-pay (P2P) automation provider, today has announced that former COO/CIO Laurent Charpentier has been appointed global CEO of Yooz, effective immediately. The strategic appointment accompanies five additional executive moves as Yooz has seen unparalleled international growth over the past three years, and each new role will uniquely serve to scale the Yooz company, technology, customer base, global reach, and footprint in the industry.

From international expansion and new recruitments, to product developments and regulatory evolutions, purchase-to-pay (P2P) automation provider Yooz has revealed its ambitions for the new financial year.

Yooz Inc is proud to be Certified™ by Great Place to Work® for the first time. The prestigious award is based entirely on what current employees say about their experience working at Yooz Inc. This year, 96% of employees said it’s a great place to work – 37 points higher than the average U.S. company.

Yooz, the leading purchase-to-pay (P2P) software provider, is extending its capabilities as an unmatched end-to-end platform for accounts payable automation with YoozPay, a new add-on to completely automate the digital invoice payment workflow. With YoozPay, companies of any size can onboard and pay vendors directly inside the Yooz platform and generate valuable cash-back as a recurring revenue stream.

Yooz, the simplest, most powerful, and easiest-to-use Cloud-based Purchase-to-Pay (P2P) automation software company, commissioned the first edition of their global report based on the largest exclusive survey of over 1,000 Finance and Accounting decision-makers across eight countries (US, France, UK, Ireland, Spain, Switzerland, Luxembourg and Belgium). The findings will be unveiled on August 18, 2021 with a sneak peek webinar in partnership with IOFM on August 17.

Yooz, the cloud-based Purchase-to-Pay (P2P) automation software company, will be hosting an AP and ePayable Strategies for Success webinar on July 20, 2021 at 1 p.m. CST with Ardent Partners, a research and advisory firm, to present Ardent Partners’s 16th annual The State of ePayables report. The report closely examined AP strategies, systems, objectives and performance over the past year, in order to garner meaningful data to help AP professionals achieve maximum results in 2021 and beyond.

Automating a company’s accounts payable process from purchase to payment offers a host of benefits, from lower costs, shorter cycle times and catching duplicates to turning the AP department into a strategic asset for the entire organization. As Laurent Charpentier, COO and CIO of Yooz, Inc., North America, told listeners of the popular AP Now podcast hosted by Mary Schaeffer, the secret to success is an all-in-one solution that manages a touchless invoice process from purchase to payment.