Srividya Kannan, Founder, Director, Avaali Solutions
The Idea: I am in my best flow when I work on turning around a dis-functional area or when I set up something new. In my various interactions with large enterprises, I was excited with the huge opportunity to reduce operational costs via digital. This led to the formation of Avaali.
Innovations & Services: We are heavily investing in our product Velocious (Source to Pay platform) that can create a significant competitive advantage for our customers. Our digital service business lines are also enabling cost reduction opportunities for enterprises via a confluence of emerging technologies.
GTM: Our target markets are shared services, procurement and F&A functions of large enterprises across MEA, Asia and parts of Europe. Our Source to Pay platform coupled with various service offerings for digital business operations, enable a 35% - 50% cycle time and associated cost reduction for our customers.
Plans for 2021-22: Shared services, procurement, supply chain and F&A are our sweet spots. We plan to make a deeper impact to reduce the cost of business operations for our customers.
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