Keeping Up with the EvolutionĪman Mann the company’s chief executive, says there has been an evolution in the way organizations manage their business spending and business tools need to keep up. It offers tracking and reporting tools that show purchase history by linking with other accounting tools Opens a new window such as QuickBooks, NetSuite by Oracle and Amazon Business PunchOut. The company’s platform is built on the Python-based, free-and-open source web framework Django. Procurify’s software-as-a-service product offerings, hosted on Amazon Web Services Opens a new window, include purchase workflows, budget tracking in real time and spending analytics. It has raised Opens a new window a total of $31.8 million since setting up in 2012. The Vancouver, Canada-based company plans to use the funds to expand into international markets and build its team. Procurify, a start-up that designed a cloud-based platform to help small businesses manage their spending, has secured $20 million in series B funding.
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