nipendo · raw details

RPA and AI Platform for Purchase-to-pay Process Automation · Netanya · Founded 2007

acquired Acquired ← back to profile

Highlights

1 patentProfile claimed by owner

About

RPA and AI Platform for Purchase-to-pay Process Automation

nipendo provides a cloud-based robotic process automation (RPA) platform for purchase-to-pay (P2P) processes and supplier collaboration. The platform streamlines and simplifies interactions between enterprises (buyers) and their suppliers across all spend categories and all supplier types and sizes. nipendo automates P2P processes and makes them touch-free and error-free by utilizing RPA, machine learning, and AI technologies. It provides process governance, management, and enforcement compliance; audit and validation; dispute resolution; discrepancy management; and supplier rating. Implementing nipendos platform requires simple configuration using best-practice templates that were designed over a period of years of working with multinational corporations in a variety of industries. These templates cover the full range of direct and indirect P2P processes around goods and services. nipendo helps enterprises automate their P2P processes and replace manual labor and human decision-making with smart bots that operate according to corporate policy, compliance rules, and regulations. nipendo customers report that over 95% of their invoices have reconciled self-provisionally and that order fulfillment has improved dramatically, with an over 50% reduction in FTEs.

Identity

Namenipendo
Slugnipendo
Type / kindstartup
Crunchbase IDnipendo
Source _idagxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgN75rpIJDA

Status

Statusacquired
Status reasonAcquired by American Express on Jan, 2023
Last update2026-05-17

Location

HQ country codeIL
HQ region/districtCenter District
HQ cityNetanya
HQ addressHaMahshev Street 3, Netanya, Israel

Web & social

Websitehttps://nipendo.com
Careers pagehttps://nipendo.com/careers
LinkedInhttps://www.linkedin.com/company/131197
Twitter / Xhttps://twitter.com/nipendo
Facebookhttps://www.facebook.com/Nipendo-183743151655866
YouTubehttps://www.youtube.com/user/Nipendo

Classifications

Primary sector Fintech & Insurtech
Sub-sectors
Fintech & InsurtechFinancial Operations SoftwareMoney Transfer & ManagementBusiness SoftwareOperations Solutions
Technologies
Platforms & InterfacesWebMobileArtificial IntelligenceMachine Learning
Target customers
Healthcare & Life SciencesHealthcareProvidersIndustrial ManufacturingManufacturing FacilitiesEnterprise & Professional ServicesEnterprises
Business models
B2GB2B
Tags
supply-chainworkflowcloudprocurementinvoiceserpfintechreal-timebillingenterprise-solutionscollaborationpaymentsaccountingartificial-intelligenceecommercemedical-device-manufacturerssoftware-applicationsdefensemobile-applicationsback-officemanufacturing-facilitiesaerospaceoil-and-gas-companiesfood-and-beveragehealthcare-providerspharma-companiesmachine-learning

Funding

Total raised$12.0M
Current stageAcquired

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