European startups
fromTNW | Startups-Technology
2 days agoZalos raises $3.6M to automate finance workflows
Zalos converts finance workflows into computer agents using screen recordings, eliminating the need for API integrations.
At Payflows, we build software that helps large companies manage and automate their payment workflows. It's not the flashiest part of a business-but it's one of the most critical. When invoices, approvals, and payments slow down, the whole company feels it. But we're not here just to make a better workflow tool. We believe the future of finance operations is not faster clicking: It's no clicking at all 🫳🎤
"Firstly, accounting is governed by rules, the focus is compliance, the focus is ensuring things are done right [and] that's a big part of the role of finance," said Sankar. "I want to make sure that I sign on the dotted line saying these numbers are accurate that I'm complying with rules and regulations. "That will never change but if you look at how it is performed today it's a very labour intensive process so we believe there's a lot of opportunity for automation."
AppZen is the AI-native platform for autonomous finance. Powered by proprietary ZenLM models and the Mastermind AI Automation Platform, AppZen's domain-trained AI Agents streamline end-to-end workflows across T&E, accounts payable, and corporate card programs, transforming finance teams. More than 500 global enterprises, including over 65 of the Fortune 500, rely on AppZen to automate transaction processing and reduce costs, delivering over $2 billion in savings and enabling finance teams to reallocate up to two-thirds of their manual workload to higher-value activities.