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Zipdescribes itself as the “ extend Intake and Procurement Orchestration platform and Intake - to - remuneration suite . ” That does n’t fathom like the most exciting blank to be in as a startup , but if you ’ve ever wreak inside a enceinte caller , you know how Byzantine the process of buy even the most basic thing can be . It ’s pestiferous for the employee and hard to make do for the procurement , finance and sound teams who have to beguile unlike applications that can barely speak to each other .
To make all of this easier , Zip today denote Zip Premier , a hardening of new enterprise capabilities , as well as a unexampled low - code integration political platform that allows its users to progress their own integrations to tap into table service that Zip itself does n’t support with its existing connectors . And to make it easier to onboard new customers , Zip is also launching a set of 100 pre - progress workflow templates today . These include templates for work with contractors , do machine - renewals and vendor offboarding , for instance .
At its core , Zip brings together the fractured procurement process into a single platform that allows stage business to manage everything , from the original purchasing postulation to managing purchase insurance and getting the sign - off from fiscal , legal and security system teams , all the way to managing budget , onboarding new vendor , creating purchase orders and processing invoices . company that already habituate third - party tools for any of these stairs can continue to utilise those , with Zip then aggregate all of this data and managing the overall workflow .
“ The problem is very horizontal and omnipresent because this issue of an employee ask to buy something to do their jobs is very uncouth across industries , ” co - founding father and CEO Rujul Zaparde enunciate . He also stressed that the problem get more sore the large a company becomes — and even more so when it ’s an enterprise in a regulated manufacture .
The novel features the party is launch for enterprise today let in more granular permissions and raw tools for maintaining audit trail for requests , permission and vendors to guarantee a caller remains audit - ready . Zip is also adding young shaft for monitor the wellness of its consolidation with third - company services and added actual - time alerts for when things go sideways .
The new low - code integration platform is an interesting bid . Zaparde admit that it ’s unlikely that companies will require their veritable employees to build integration into their fiscal systems , for exemplar . But he does think that this will help IT teams build and uphold these connector , which will often tie into legacy or bespoke systems that Zip itself could n’t support .
Zip is pass up against several other procural platform from the like of Coupa , SAP , Workday and more . But Zaparde contend that Zip ’s advantage is that it can bind all of these systems together .
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“ Traditional procurance solutions do n’t conform to the complex needs of modernistic enterprises who face an intricate web of fractured procurance cognitive operation across many business teams and systems , ” he said . “ Developed alongside our largest enterprise customers , our new capabilities streamline the full spending process , delivering endeavor - score public presentation with consumer - degree flexibleness so our customers can drive complaisance and exfoliation with speed . ”