Open Envoy is designed to eliminate supplier fraud before it happens. Their solution was built by a team with over 20 years experience developing products to automate complex workflows and recover billions of dollars in wasted spend.
Every year it gets harder to produce returns and Finance teams are shrinking. With Open Envoy, your team will increase margins and improve cash flow by automatically identifying invoice discrepancies, automating the aging process, and uncovering valuable insights into your supplier network.
Finance is about results and at Open Envoy our sole purpose is to provide an immediate and meaningful ROI.
OpenEnvoy, a fintech startup providing a comprehensive suite of robotic process automation (RPA) tools for invoice auditing, announced an oversubscribed $6.5 million seed round led by Riot Ventures with participation by RRE, Gokul Rajaram, Naval Ravikant, Firebolt, Coelius Capital, Hack VC, Uncorrelated and TNT Ventures.