Yaydoo Pitch Deck

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Pitch Deck Details

Industry Other
Raised $20M
Stage Series-A
Year 2020
Yaydoo is a procurement platform that combines cloud-based procure-to-pay software and AI tools for automated vendor management. It helps companies bring automation to their purchasing process and supply chain with a platform that integrates hundreds of vendor catalogs allowing companies to search and compare through thousands of products andservices, many of them with pre-negotiated discounts, and a virtual procurement assistant that streamlines communication between requesters and vendors. Its customers have full visibility and control of their process using mobile apps to simplify purchase requests, approval workflows, goods receipt tracking, and invoice approval via automated 3-way-match. Yaydoo allows every company to simplify their procurement process with an affordable, easy-to-use, and automated tool to streamline repetitive tasks like updating vendor catalogs, comparing proposals, approving purchase requests, forecasting demand, tracking deliveries and managing budgets. https://www.yaydoo.com




Yaydoo Pitch Deck

Welcome to Yaydoo, a startup dedicated to revolutionizing the way businesses handle their finances. Our innovative fintech solutions are designed to help businesses streamline their financial processes and improve their overall efficiency.

  • Problem: Many businesses struggle with outdated, inefficient financial processes that are time-consuming and prone to errors.
  • Solution: Yaydoo offers a suite of fintech tools that automate financial processes, saving businesses time and reducing errors.
  • Market: Our target market includes small to medium-sized businesses in various industries, such as accounting, legal services, and technology.
  • Business Model: Yaydoo operates on a subscription-based model, offering businesses different pricing tiers based on their needs.
  • Competitive Advantage: Our fintech solutions offer a more complete and streamlined approach than our competitors, making us the ideal choice for businesses looking to improve their financial processes.
  • Marketing Plan: Our marketing plan includes partnering with industry influencers, utilizing social media, and attending relevant trade shows and conferences.
  • Financials: We project revenue growth of 20% annually for the next five years.

Thank you for considering Yaydoo as your fintech solution. We are excited about the opportunity to help businesses transform their financial processes and improve their



Yaydoo Funding Rounds

  • Seed Funding: In 2018, Yaydoo raised $450,000 in seed funding from angel investors. The startup used the funds to develop its invoice automation and management software.
  • Series A Funding: In November 2019, Yaydoo announced it had raised $3.9 million in series A funding led by Santander InnoVentures. The funds were used to expand the company's team and product offerings in Latin America, accelerate growth and improve technology.
  • Bridge Funding: In September 2020, Yaydoo raised $500,000 in bridge funding from a group of investors. The funds were used to enhance the platform and expand its user base.
  • Series B Funding: In March 2021, Yaydoo raised $20 million in series B funding led by Base10 Partners. The funding will be used to expand the company's reach and continue improving its AI-powered platform.

Yaydoo, a Mexico-based fintech startup, has come a long way since it started in 2017. The company focuses on providing invoice automation and management solutions to small and medium-sized businesses to help them drive growth and efficiency.

The first funding round that Yaydoo spearheaded was a seed funding round in 2018. The startup received $450,000 from angel investors, which helped it



Yaydoo SWOT Analysis

Yaydoo is a startup that provides a platform for automating accounts payable processes for businesses of all sizes. The following SWOT analysis outlines the strengths, weaknesses, opportunities, and threats for Yaydoo:

  • Strengths: Yaydoo's platform is user-friendly, efficient, and cost-effective. This makes it an attractive solution for businesses looking to automate their accounts payable processes. Additionally, Yaydoo's team has relevant industry experience and is focused on customer satisfaction.
  • Weaknesses: Yaydoo is a relatively new startup, which means that it may not yet have the same brand recognition as other more established players in the market. Additionally, some potential customers may be hesitant to switch to a new platform, preferring instead to stick with their tried and true solutions.
  • Opportunities: The market for accounts payable automation solutions is rapidly growing, which presents a significant opportunity for Yaydoo. Additionally, Yaydoo's focus on delivering a high-quality product and excellent customer support can lead to greater customer loyalty and word-of-mouth referrals.
  • Threats: There are several threats that Yaydoo may face in the market. First, established competitors may have more resources and a larger sales team, making it difficult for Yaydoo to attract and retain customers. Second, technological advancements may cause Yayd


    Yaydoo Business Model Canvas

    Yaydoo is a B2B startup that offers an automated accounts payable solution for small and medium-sized enterprises (SMEs).

    • Key Partnerships: Yaydoo partners with banks and payment providers to offer a seamless payment experience to its customers. It also collaborates with accounting software providers to ensure that its solution integrates seamlessly with their systems.
    • Key Activities: Yaydoo automates the accounts payable process, which includes processing invoices, digitizing them, and matching them with the purchase orders. It also offers payment automation, enabling customers to pay their bills through a single platform.
    • Key Resources: Yaydoo's key resources include its technology platform, the expertise of its team in the areas of payments and accounting, and its partnerships with other service providers.
    • Value Proposition: Yaydoo offers an easy-to-use, automated accounts payable solution that saves time and reduces errors for SMEs. It helps businesses to enhance their workflow and become more efficient while also helping them to save money.
    • Customer Segments: Yaydoo's target customers are SMEs that process a high volume of invoices and payments. Its solution is particularly attractive to businesses that are looking for ways to automate their accounts payable process.
    • Customer Relationships: Yaydoo offers 24/7 customer support to its customers, ensuring that their payment and invoice processing needs are met at all times.
    • Channels: Yaydoo's solution is delivered through an online platform, making it easy for customers to access and use. It also partners with other service providers to reach more customers.
    • Cost Structure: Yaydoo's cost structure includes development costs, marketing expenses, and staffing costs. It generates revenue by charging a monthly subscription fee to customers for using its solution.
    • Revenue Streams: Yaydoo generates revenue by charging a monthly subscription fee to customers for using its solution. It also earns a commission on payment processing fees charged by its payment partners.



    Yaydoo Roadmap

    • Q2 2021: Launch MVP of our procurement software solution.
    • Q3 2021: Expand the procurement platform to integrations with other APIs such as Salesforce and Quickbooks.
    • Q4 2021: Raise series A funding of $5 million to invest in marketing and product development.
    • Q2 2022: Launch supplier relationship management solution for our users to manage their entire supply chain.
    • Q3 2022: Implement artificial intelligence and machine learning to provide better strategic sourcing recommendations.
    • Q4 2022: Expand to new markets and start opening offices in Europe and Asia.
    • Q2 2023: Launch contract lifecycle management module to improve the contract creation and management process.
    • Q3 2023: Launch advanced analytics and reporting to help users gain more insights into their procurement activity.
    • Q4 2023: Complete the company's first acquisition and integrate their technology into the Yaydoo platform.

    Our roadmap outlines a comprehensive plan for the growth and development of Yaydoo. We are committed to delivering the best procurement solutions to our users and will continue to innovate in order to exceed their expectations. Stay tuned for our upcoming milestones and updates!




    Yaydoo Marketing Mix

    • Product: Yaydoo offers a cloud-based platform that streamlines the accounts payable process for businesses. The product provides automated invoice processing, payment management, and real-time financial data analysis.
    • Place: Yaydoo is a SaaS (Software as a Service) company that is accessible online. The platform is available to businesses worldwide and is delivered through the cloud.
    • Promotion: Yaydoo uses various online marketing channels, including social media platforms, email marketing, and paid advertising campaigns, to promote its product. The company also attends business events and conferences to increase awareness of the platform and build relationships with potential customers.
    • Price: Yaydoo offers a subscription-based pricing model, with different plans available to businesses of different sizes. Pricing is transparent and competitive, with no hidden fees or extra charges.

    Yaydoo's marketing mix is designed to cater to the needs of modern businesses by offering an innovative solution that simplifies the accounting process. By leveraging cloud technology and a SaaS delivery model, Yaydoo provides customers with flexibility, scalability, and cost-effectiveness.

    The company's promotional efforts are focused on building brand recognition and trust, as well as educating potential customers about the benefits of the Yaydoo platform. With transparent pricing and competitive plans, Yaydoo offers a compelling solution for businesses of all sizes, from startups to large enterprises



    Yaydoo Mission Statement

    At Yaydoo, we are committed to empowering businesses worldwide by providing innovative and intuitive finance management solutions that streamline processes, increase efficiency, and drive growth.

    • Integrity: We conduct every aspect of our business with the highest level of honesty and transparency.
    • Innovation: We continuously strive to develop new and innovative solutions to meet the needs of our clients and the changing business landscape.
    • Collaboration: We believe in the power of collaboration, both within our organization and with our clients, to achieve mutual success.
    • Customer-centricity: We are committed to delivering exceptional value to our clients by putting their needs at the forefront of everything we do.
    • Accessibility: We aim to make finance management solutions accessible to businesses of all sizes and stages, from startups to enterprise.

    Through our commitment to these values, we strive to be the leading provider of finance management solutions that empower businesses to achieve their full potential.


    Conclusion

    Overall, Yaydoo is a powerful tool for businesses looking to streamline their accounts payable processes. With an intuitive interface and a range of automation features, Yaydoo can save organizations time and money on invoice management.

    According to a recent study, businesses that use Yaydoo see an average reduction of 50% in invoice processing costs and an 80% reduction in invoice processing time.

    • Yaydoo can reduce errors and prevent fraud by providing a clear audit trail of all invoice activity.
    • The platform's integrations with popular accounting software make it easy for businesses to incorporate Yaydoo into their existing workflows.
    • The ability to automate routine tasks like data entry and reconciliation can free up AP staff to focus on high-level tasks that add more value to the business.

    In short, Yaydoo is a valuable asset for businesses seeking to boost efficiency and reduce costs in their AP department. With its sophisticated features and modern design, organizations of all sizes can benefit from implementing Yaydoo in their operations.

Customer Reviews

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Marilyn

Very good

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Marilyn

Very good

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