Simplifier Corporation

Expense reporting as easy to use as your calendar

Business Model: SAAS

Revenue: $0

Employees: 1-10

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Detailed Simplifier Corporation Information

Geographic Data

Simplifier Corporation headquarters map

Address:

City: Menlo Park

State: California

Zip:

Country: United States

Financial Info

Stage:

non equity assistance

Raised Last:

$0

Raised Total:

$110k

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0Website Global Rank

0Website Monthly Traffic

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Description

TODAYS BUSINESS PAINS (1) Employees waist extraordinary amounts of time on preparing company expense reports; (2) companies lose 5-7% due to increased travel &a; entertainment (T&a;E) costs due to fraud; (3) 25% of expense reports contain errors; (4) companies spend 1,000’s of hours each year correcting report errors; at a cost of $52 to correct each report; (5) Fifty percent (50%) of US mid &a; larger companies currently process expense reporting manually, and will require an efficient solution to manage this large expanding process; (6) T&a;E expense is the 2nd largest corporate expense right after salaries &a; benefits, therefore it requires proactive management. SOLUTION Simplifier’s SAAS expense reporting reduces company operating costs up to 75%. They improve compliance while lowering T&a;E fraud occurrences. Their unique calendar based UI design simplifies data entry for all &a; substantially improves data quality &a; manager review efforts. Their distinctive built in tools allow companies to further centralize this detailed accounting process, further lowering costs, while improving data accuracy &a; employee communications.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
2/2015 Seed Round $110k
11/2015 Non Equity Assistance 1 - Envestnet Yodlee Incubator
Envestnet Yodlee Incubator
11/2015 Non Equity Assistance 1 - Envestnet Yodlee Incubator
Envestnet Yodlee Incubator
Announced Date Name Price

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