Customer story
Betterment invests in a comprehensive procurement solution
0
headcount needed to manage procurement
Company name
Betterment
About
Betterment is a digital investment and wealth management platform that helps young professionals invest in their financial future.
Headquarters
New York, NY
Industry
Financial services
Employee Count
500+
At a glance
“
Zip is our procurement function. It allows our team members in legal, compliance, risk, or finance to jump into a procurement process without needing dedicated headcount to manage that.
”
Peter Lorimer
,
CFO
Before Zip
- Entirely manual approval process
- Low-value one-off purchases took weeks to complete
- Poor spend visibility
After Zip
- Scalable procurement processes without additional headcount
- Faster, smoother approval cycles
- Improved transparency and visibility
Key Products:
Intake-to-Procure, Procure-to-Order, Integration Platform, External Data Checks, Zip Card Management, Global Payments
Integrations:
NetSuite, Freshservice, Okta, Vendr, Slack, Mineral Tree, Ramp, Expensify