Vroozi Increases Customer Base by 132 Percent in 2017 While Pushing for Continued Growth Under Leadership of SaaS Industry Expert, Greg Butterfield, Appointed Chairman of the Board
Continued Growth Ignited by Key Product Updates for Spend Tech Trailblazer, Resulting in the Most Significant Customer Growth in the Company’s History
LOS ANGELES, SEPT. 20, 2017 – Vroozi, a leading mobile-first, user-centric purchasing and spend management platform, announced today Greg Butterfield, founder and managing partner at SageCreek, as their new Chairman of the Board of Directors. Butterfield brings more than 30 years of executive-level experience in enterprise software to Vroozi. This new pivotal appointment coincides with unprecedented growth as Vroozi’s customer and user base increased 132 percent in the last year. This growth is the new driving force for the organizational expansion of the Company’s structure, strategy, and market presence to be overseen by Butterfield as Chairman.
“Greg’s successful history in growing software, hardware, and SaaS-based companies will be a catalyst for Vroozi’s continued growth,” said Stephen Olds, Vroozi President. “His 30 years of software experience, multiple billion-dollar exits from companies he has sold, and current position leading SageCreek all provide the invaluable experience and strategic vision to help us accomplish our objectives going forward. We’re looking forward to his active presence, insight, experience, and guidance to help Vroozi scale and expand.”
As Butterfield leads Vroozi in corporate and go-to-market strategy, Vroozi will move to the next level of customer acquisition, organizational development, and growth. With the introduction of two new cost and time saving modules in mid-2017, Vroozi brought corporate efficiency and saving to a new level. Already fully rolled out with select customers since their announcement in Q2, these new mobile expensing capabilities and e-invoicing features give users a full-spectrum, mobile solution. Launching these modules completes the digital value chain of procurement by completely automating the experience of B2B purchasing for companies of all sizes, setting Vroozi on a path to be recognized as a leader and innovator in the emerging world of SpendTech.
“I’m really looking forward to diving in with the executive team and getting my hands dirty on real work that will propel Vroozi to where we all know it can go,” said Greg Butterfield, founder and managing partner at SageCreek and new Chairman of the Board of Directors at Vroozi. “I’m passionate about working with Vroozi from an operational standpoint and hope to focus on their goals to improve customer experience, drive shareholder value and drive profitability.”
Vroozi Growth and History
Over the past five years, Vroozi’s has evolved and gone from providing a best-in-class mobile eCataloging and marketplace solution to full Procure-to-Pay (P2P) capabilities in 2017, incorporating previously announced eInvoicing, purchase orders, and expensing modules. Since Q1 of 2017 Vroozi has seen a 92 percent growth in B2B purchasing needs from their diverse client base, which spans industries including agriculture, construction, retail, healthcare, and non-profits. The customer response and market fit exceeded expectations and, over the last six months, resulted in the most customer growth in the company’s history.
Vroozi®, the leading cloud-based business purchasing platform makes business shopping easier, more efficient, mobile-first, and enjoyable. Vroozi is designed for companies who want to empower their employees, connect with their suppliers, and maintain spend visibility from anywhere, anytime. Vroozi has a proven solution within the enterprise space, and is now democratizing the procure-to-pay process by bringing that powerful, enterprise-grade functionality to the mid-market. Vroozi customers range from the mid-market to Fortune 1000 companies and privately held enterprises across several industries – entertainment, healthcare, technology, manufacturing, defense and services. The digital platform reduces transactional costs, maximizes efficiency and improves business margins while giving powerful insights into financial data. For more information, visit www.vroozi.com and follow along on LinkedIn, Twitter and Instagram.