Yokoy provides an AI-powered spend management platform that automates expense reporting, invoice processing, and credit card transactions, enabling finance teams to streamline operations and maintain compliance. By reducing manual work and enhancing data accuracy, Yokoy delivers measurable cost savings and improved efficiency in financial workflows.
Funding
$80M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many organizations still rely on manual processes and fragmented systems for managing expenses, invoices, and payments, leading to inefficiencies, errors, and a lack of visibility into company spending. Traditional methods often result in lost receipts, time-consuming reconciliation, and difficulties in enforcing compliance with company policies and regulations.
Solution
Yokoy offers an AI-powered spend management platform that automates and streamlines expense reporting, invoice processing, and business payments. The platform uses artificial intelligence to verify transactions, capture data, and reduce manual work, resulting in increased accuracy and efficiency. By integrating with existing ERP, HR, and travel booking systems, Yokoy provides end-to-end visibility into company spend, enabling finance teams to control costs, optimize workflows, and maintain compliance. The platform's no-code workflow builder allows finance teams to customize automation to fit their specific needs, while pre-built connectors facilitate seamless data sharing across the organization.
Target Audience
Yokoy is designed for finance teams in scale-ups, mid-size businesses, and enterprises seeking to automate spend management, improve efficiency, and gain greater control over company spending.
Features
- AI-powered verification of transactions against company policies and external regulations
- Automated matching of transactions to expense reports and receipts
- Real-time spend analytics and reporting
- Customizable, no-code workflow designer
- Integration with ERP, HR, and travel booking systems
- Mobile app for expense submission and management
- Smart corporate cards with automated transaction matching
- Support for e-invoicing and tax reporting