Exedee Company Profile

Background

Founded in 2007 as Power Business Services, Exedee is a New Zealand-based technology company specializing in cloud-based business automation and digitalization solutions. The company rebranded to Exedee to better reflect its commitment to innovation and growth. Exedee's mission is to reduce operational inefficiencies and high costs associated with manual information and document processing. By offering fast, accurate, and secure e-solutions, Exedee has established itself as a market leader in intelligent business automation services.

Key Strategic Focus

Exedee's strategic focus centers on delivering cloud-based automation solutions that streamline business processes and enhance data accuracy. The company's core objectives include:

Process Automation and Digitalization: Providing e-solutions that automate complex business processes, reducing manual handling and associated costs.

Cloud-Based Services: Offering all solutions via the cloud since inception, ensuring scalability and accessibility.

Customization and Integration: Designing configurable software solutions tailored to specific business requirements, with seamless integration into existing systems.

Exedee primarily targets sectors such as local and central government, retail, and various businesses seeking to improve operational efficiency through automation.

Financials and Funding

Specific details regarding Exedee's funding history, total funds raised, and notable investors are not publicly disclosed. The company appears to be privately held, focusing on organic growth and reinvestment into its technological platforms and service offerings.

Pipeline Development

Exedee offers a suite of e-solutions designed to address various business automation needs:

Document Scanning and Data Extraction: Automating the digitization of paper documents and extracting relevant data with high accuracy.

Inbound Email Automation: Streamlining the processing of incoming emails to improve response times and efficiency.

eConnect Data Bridge Service: Facilitating seamless data exchange between disparate computer systems.

Accounts Payable Processing: Providing end-to-end solutions for invoice processing, including scanning, data extraction, purchase order matching, and workflow approval.

eGovernment Services: Tailored solutions for government organizations to enhance digital service delivery.

These solutions are continually developed and refined to meet evolving market demands and technological advancements.

Technological Platform and Innovation

Exedee's technological platform is distinguished by several proprietary technologies and methodologies:

Cloud-Based Architecture: Since its inception, Exedee has delivered services exclusively via the cloud, ensuring scalability, security, and accessibility.

Advanced Data Extraction: Achieving over 99% accuracy in data extraction processes, enhancing data reliability for clients.

Integrated Automation Solutions: Developing 'super bots' that control multiple business functions from a central system, simplifying maintenance and operation compared to multiple individual bots.

Customization Capabilities: Designing configurable software solutions that can be tailored to meet specific business requirements, including complex processing problems.

These innovations position Exedee as a leader in providing efficient and effective business automation solutions.

Leadership Team

Exedee is led by CEO Desi Lorand, who founded the company in 2007. Under Lorand's leadership, Exedee has expanded its service offerings and rebranded to reflect its commitment to innovation and growth.

Leadership Changes

There are no publicly disclosed recent significant changes or appointments within Exedee's leadership team.

Competitor Profile

Market Insights and Dynamics

The business automation and digitalization market is experiencing significant growth, driven by the need for operational efficiency, cost reduction, and data accuracy. Organizations across various sectors are increasingly adopting cloud-based solutions to streamline processes and enhance productivity.

Competitor Analysis

Exedee operates in a competitive landscape with several key players offering similar services:

UiPath: Specializes in robotic process automation (RPA) solutions, enabling businesses to automate repetitive tasks.

Automation Anywhere: Provides cloud-native RPA platforms designed to automate end-to-end business processes.

Blue Prism: Offers intelligent automation solutions with a focus on enterprise-scale deployments.

These competitors focus on various aspects of automation, from RPA to AI-driven solutions, catering to a broad range of industries.

Strategic Collaborations and Partnerships

In 2024, Exedee announced a Diamond sponsorship with RIMPA Global (Records & Information Management Practitioners Alliance). This partnership underscores Exedee's commitment to the records and information management sector, aiming to provide benefits to RIMPA members through its expertise in AI-integrated business processing and information management software.

Operational Insights

Exedee's strategic considerations include:

Market Positioning: Emphasizing its cloud-based, customizable solutions to differentiate from competitors offering more standardized automation tools.

Competitive Advantages: Leveraging its high data extraction accuracy and integrated 'super bot' technology to offer comprehensive and efficient automation solutions.

Client-Centric Approach: Focusing on understanding client pain points and tailoring solutions to meet specific needs, enhancing customer satisfaction and loyalty.

Strategic Opportunities and Future Directions

Exedee's strategic roadmap includes:

Global Expansion: Building on its rebranding to Exedee to facilitate growth into international markets.

Technological Advancements: Continuing to integrate AI and machine learning capabilities to enhance automation solutions.

Industry-Specific Solutions: Developing tailored e-solutions for various sectors, including government, retail, and healthcare, to address unique industry challenges.

By leveraging its current strengths and focusing on innovation, Exedee is well-positioned to capitalize on emerging opportunities in the business automation market.