Locations
San Francisco, CA, USA · New York, NY, USA
industry
Finance · Information Technology · Internet Services · Software
Size
51-200 employees
Stage
Series B
founded in
2016
Candex is a fintech consolidator for large organizations so that they can make purchases from one-time, irregular, and low-risk suppliers using existing P2P processes. Candex operates globally managing setup, support, tax, and regulatory complexity - making it simple, fast, and compliant to pay suppliers even across borders and cross currencies. Available in multiple deliveries, Candex works directly within existing e-procurement systems, via bulk uploads, or integrated into any workflow via API. In the end - Candex completely takes care of the 70-80% of vendors getting 3-5% of spend; ''No PO, No Pay'' becomes achievable; and the efficiency is so remarkable that our clients enter a sort of procurement zen.
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