Gappify

Gappify

Leading provider of innovative software and services for corporate accountants. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
€36—55m (Dealroom.co estimates May 2023.)
Oakland California (HQ)
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DateInvestorsAmountRound
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Angel
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Angel
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Angel
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Seed
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Seed
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$185k

Seed

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Early VC
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$6.0m

Series A
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$10.0m

Series B
Total Funding€14.7m

Recent News about Gappify

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Gappify, Inc. is a financial technology company specializing in automated accrual and collections management solutions. The company serves mid-sized to large enterprises, primarily operating within the accounting and finance sectors. Gappify's core product, Alan, is a software-as-a-service (SaaS) platform that integrates seamlessly with NetSuite, a popular enterprise resource planning (ERP) system. Alan is pre-loaded with workflows and can be configured to meet specific business rules with minimal IT involvement, making it a quick and efficient solution for financial teams.

Gappify generates revenue through a subscription-based model, where clients pay for access to the Alan platform on a recurring basis. The platform automates various financial tasks, such as confirming receipt and accuracy of invoices, following up on past due invoices, and updating accounts receivable (AR) aging reports in real-time. This automation reduces the manual workload for finance teams, allowing them to focus on more strategic activities.

The company operates in a competitive market, targeting businesses that require robust financial automation tools to improve efficiency and accuracy in their financial operations. Gappify's commitment to data security is demonstrated by its SOC1 and SOC2 certifications, ensuring that customer data is protected at all times.

Keywords: automated accrual, collections management, SaaS, NetSuite integration, financial automation, AR management, workflow automation, data security, subscription model, enterprise finance.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.