nipendo
RPA and AI Platform for Purchase-to-pay Process Automation
Company Overview
Snapshot
Founded in January 2007 by Eyal Rosenberg and Alon Rosenberg, nipendo operates with 11–50 employees. The company raised a total of $12 million across 2 funding rounds from 2 investors. In January 2023, nipendo was acquired by American Express.
Business overview
nipendo provides a cloud-based robotic process automation (RPA) platform designed for purchase-to-pay (P2P) processes and supplier collaboration. The platform leverages RPA, machine learning, and AI technologies to automate and streamline interactions between enterprises and their suppliers across various spend categories. It offers solutions for process governance, compliance enforcement, audit, dispute resolution, and discrepancy management, serving industries such as Aerospace & Defense, Manufacturing, Healthcare, and Chemicals.
Strategic signal
In January 2023, nipendo was acquired by American Express, a move that signals a strategic expansion for American Express into B2B payments automation. This acquisition validates nipendo's technology and market position in streamlining procure-to-pay processes, indicating a growing demand for AI-driven solutions in enterprise financial operations and supply chain management.
Log in to access full profile ›Company Intelligence Q&A
- When was nipendo acquired?
- nipendo was acquired by American Express in January 2023.
- What is nipendo's core offering?
- nipendo offers a cloud-based robotic process automation (RPA) platform for purchase-to-pay processes and supplier collaboration, utilizing AI and machine learning to automate and streamline enterprise-supplier interactions.
- Which industries does nipendo serve?
- nipendo serves a variety of industries including Aerospace & Defense, Manufacturing, Healthcare, and Chemicals, providing solutions for invoice automation and supplier relationship management.
- What was a notable recognition for nipendo in 2014?
- In June 2014, nipendo was named a "Cool Vendor" by Gartner.
- Did nipendo receive any patents?
- Yes, nipendo was awarded a patent for Automated B2B Integration and Supplier Collaboration in June 2015.