Zip Recognized as a 2022 ProcureTech100 Company for Its Modern Intake-to-Procure Solution

By STS News Desk On Jan 4, 2023

Zip Recognized as a 2022 ProcureTech100 Company for Its Modern Intake-to-Procure Solution

ProcureTech Selected Zip for Its Seamless, Consumer-grade User Experience That Eases Procurement Challenges for the Enterprise

Zip, the world’s leading intake-to-procure solution, announced it has been named a recipient of the prestigious 2022 ProcureTech100 distinction, the definitive list of the top 100 pioneering digital procurement solutions around the globe. The ProcureTech100 is a collaboration between ProcureTech – a dynamic platform for procurement and technology leaders, entrepreneurs, and the digital procurement ecosystem – and Kearney, a leading global management consultancy.

“The world of procurement is at a critical inflection point, fueled by the rising volume of purchase requests and increasing decentralization of purchasing decisions. As a result, many businesses are turning to technology to solve these new and complex business problems,” said Rujul Zaparde, co-founder and CEO of Zip. “We’re honored to be named among this group of pioneering companies who are making great strides in the procurement space. This recognition validates our unique approach to solving today’s intake-to-procure challenges with no-code, consumer-grade experiences that employees actually want to use.”

A panel of over 70 procurement leaders, technology experts and B2B investors chose Zip from over 4,000 digital procurement solutions, recognizing the company as one of the dynamic, future-focused solutions that are supercharging procurement and the enterprise.

“The pace of digital innovation and ability for digital procurement solutions to scale over the last year has been impressive,” said Lance Younger, founder and CEO, ProcureTech. “Exceptional CEOs and founding teams are inspiring a generational change to the digital procurement ecosystem solving global challenges.”

Zip provides a single source of truth for today’s decentralized procurement processes. Zip’s consumer-grade platform allows any employee to easily initiate a purchase or vendor request with a few clicks, improving the employee experience. The platform automatically routes purchase requests for significantly faster approval across finance, legal, procurement, IT, security and other teams. The platform enables clear, real-time visibility throughout the entire purchasing process.

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