Company Research Report: snapB2B
Company Overview
- Name: snapB2B
- Mission: To solve B2B payments at the source by orchestrating end-to-end payables processes for the benefit of buyers and their vendors.
- Founded: No information is available.
- Key People:
- JD Drapeau - CEO
- RajyaLakshmi Kotamraju - CTO
- David Jonah - CAO
- Tiffany Campbell - Head of Sales Strategy
- Lisa Kinney - Operations Manager
- Alicia Roisman Ismach - Fintech Strategy
- Wayne Brown - Financial Services Advisor
- Stephen Wnenta - Sales Engineer
- Brad Logan - IT Architect
- Sébastien McLaughlin - Senior Technical Manager
- Headquarters: No information is available.
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known For: Developing the first app-based Payables Orchestration™ platform focused on simplifying and streamlining corporate spend management for finance operations.
Products
AP Inbox
- Description: Digitalizes invoices directly from your email, transforming various formats into a single unified view at the line level with high accuracy.
- Key Features:
- AI Invoice Capture
- Multi-way Matching with PO and receipts
- Smart Routing with adaptive invoice approval workflows
- End-to-end Visibility and control of invoices and cash flow
- Seamless Payments ensuring correct, timely vendor payments
- Easy Vendor Onboarding through an embedded Vendor Portal process
Vendor Portal
- Description: Allows for effortless vendor management and validation through an integrated system.
- Key Features:
- Integrated Vendor Onboarding
- Provides additional services to a client's supplier network
Orchestration Platform
- Description: A modular app-based platform for optimizing financial operations through comprehensive solutions.
- Key Features:
- Modular structure for custom client solutions
- Enhances digital invoice processes with high accuracy and reduced errors
- Supports financial goals of institutions and service providers
Recent Developments
- New Partnerships: Partnership programs have been developed with financial institutions and enterprise systems to enhance client treasury services and accounts payables operations.
- Product Launches and Features:
- The introduction of snapB2B's app-based Payables Orchestration™ platform.
- The AP Inbox and Vendor Portal as key components.
- Corporate Events:
- The company held its first CEO Workshop and AMA on November 18, 2022.
- Brand reveal at Money 20/20 Las Vegas event on October 23, 2022.
- Recognized as one of the top seed-funded startups according to Just Funded Media on November 15, 2022.
Financial Data
- Revenue: No information is available.
Partnerships and Collaborations
- Collaboration with ERPs and services providers, financial institutions, and auditors to improve client financial operations.
Employee and Culture Initiatives
- Focus on value-driven growth, team-first approach, and diversity as a key to innovation.
- Encouraging diverse talent to join their team and contribute to a fast-growing innovative environment.
In summary, snapB2B leverages technology to streamline B2B transactions, focusing on the orchestration of payables to optimize corporate spend. Despite the absence of some specific data such as founding details and financial metrics, the company actively partners for enhanced financial operations and continues to develop its offerings with robust features and solutions.
