Procurify Taps Jonathan Su to Lead AI in Spend Management

Procurify, the leading AI-powered platform for procurement, accounts payable (AP), expense, and payment solutions for mid-market organizations, today announced that Jonathan Su has joined the company as Chief Product & Technology Officer (CPTO). Su will spearhead Procurify’s next phase of AI innovation, aimed at giving finance and procurement teams faster, deeper insights and unprecedented control over every dollar spent. Su’s arrival marks a milestone in Procurify’s rapid ascent, with the company now processing more than...

Spendesk Becomes First Profitable AI-Driven Spend Platform

Spendesk, the AI-powered spend management and procurement platform, today announces a major milestone: it has achieved profitability, marking one full quarter in the black. This achievement makes Spendesk the first European spend management and procurement platform to reach profitability, a bold step forward in the industry’s evolution. Since its €2 million seed round in 2017, Spendesk has rapidly evolved from a disruptive startup to a profitable market leader. The company surpassed €1 billion in spend...

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