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In Singapore, HR & People Engagement

Paradox Named to Third Consecutive Inc. 5000 List — Growing by More than 720% Since 2020

Paradox, the conversational recruiting software helping companies like Unilever, Nestlé, Pfizer, and General Motors automate recruiting work to make the hiring process more efficient, was named to the Inc. 5000 for the third consecutive year — achieving the honor with a 720% three-year growth rate, highest among recruiting technology companies. The list, published annually by Inc. Magazine, recognizes the fastest-growing private companies in the United States and celebrates their outstanding achievements in business development and innovation.

Paradox debuted on the Inc. 5000 list in 2021 and was also recognized on the Deloitte Fast 500 list in 2022 and 2023. While those achievements celebrate the company’s growth, Paradox founder and CEO Aaron Matos said they’re simply the result of focusing on something far more important.

“Recognition like this is nice, but we’ve always benchmarked our success by a simpler metric: Our client’s success, specifically, our ability to solve real, meaningful problems for them in transformative ways,” said Matos. “This company has come so far from the early days of a dream and an idea — that Conversational AI and automation could change enterprise software — and we still have a long way to go to reach that vision. But, I’m so proud of the team we’ve built and the clients we have the opportunity to partner with every single day.”

First launched in 2016, Paradox’s conversational software is underpinned by a smart AI assistant that acts as a concierge throughout the hiring process — automating time-stealers and points of friction to create world-class experiences that drive higher candidate conversion and dramatically improve recruiter and hiring manager efficiency.

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In Singapore, HR & People Engagement

Breaking the trust barrier: Accredify’s journey to secure digital interactions

In our increasingly digitized world, the manner in which we exchange information has evolved from traditional pen and paper to the utilization of digital data, facilitated by the internet.

While these advancements offer efficiency, speed, and accessibility, digital interactions are typically hindered by a lack of trust. To preserve data integrity, verification is required, usually through methods involving multiple parties, and this can result in inefficiencies.

When Zheng Wei Quah, co-founder and CEO of Accredify, recognized this challenge, he decided to embark on a journey to transform the landscape of digital interactions.

Implementing blockchain technology for real-world cases

Quah’s first blockchain venture, Ceito, aimed at aiding businesses in leveraging blockchain technology for optimizing supply chain management and commodities trading. In 2017, he ventured into a new chapter together with his co-founders, taking the strategic step of establishing Accredify, in response to the evolving landscape that witnessed a transition from service-centric to product-centric enterprises.

According to Quah, one of the significant challenges they encountered was the scarcity of available information and resources about blockchain technology at that time.

“We’re accustomed to leveraging resources like Stack Overflow and other tools to search for solutions to our challenges. However, back then, the situation was quite different. Tasks such as customizing specific Ethereum components to align with our use case posed significant challenges. The answers to these questions weren’t readily available, leading us to recognize the need to invent our own solutions,” Quah said.

Furthermore, the concept of blockchain was relatively new, and Quah found himself needing to explain granular technical details. Controversies such as the crash of the Terra Luna cryptocurrency and the FTX centralized exchange did not deter their efforts.

Support from government entities, universities, and its clients helped people learn to distinguish between firms offering real-world applications like Accredify, and cryptocurrencies. This provided strong evidence that the company is here for the long haul.

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In HR & People Engagement

Impress.Ai Unveils ImpressGenie, A Generative AI-Based Workflow Builder

 impress.ai, a leader in enterprise recruitment software solutions, announced the roll-out of their innovative product impressGenie – a generative AI driven bespoke recruitment workflow builder. Recruiters can easily design role-specific recruitment workflows using simple natural language user-friendly prompts with this tool.

impressGenie’s capabilities include:

  • Mass Customization: Builds bespoke, role-specific recruitment automation workflows with precision
  • Job Description Parsing: Identifying and integrating relevant screening criteria, including keywords, into the workflow based on the job description
  • Competency Assessment: Recommending relevant assessment questions or third-party assessment tests

With impressGenie, recruiters can now efficiently customize recruitment automation workflows at a large scale, generating distinct workflows for each role, rather than relying on a one-size-fits-all approach. This mass-customization capability radically transforms the recruitment process, accommodating the unique requirements of thousands of roles.

When a new role opens, recruiters can provide basic prompts about the role to impressGenie, which will then generate a custom workflow. This workflow manages role-specific candidate information collection, screening, interview scheduling, and onboarding. Recruiters have the flexibility to decide which parts to automate and which to retain a human touch, ensuring a perfect blend of efficiency and personalization. impressGenie seamlessly integrates with all major Applicant Tracking Systems (ATSs), including SAP SuccessFactors, Workday, and Oracle Recruiting Cloud.

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In Berlin, HR & People Engagement

Mitigate Risk During Employment Separation with Onwards HR

Talent acquisition remains a focal point for most organizations in this dynamic and highly competitive corporate environment. Unfortunately, the pivotal process of offboarding often takes a back seat. An efficient employment separation process plays a key role in enhancing the employee experience, protecting the company’s reputation and mitigating potential legal and financial risks associated with employee separation. One solution that effectively addresses these complexities is Onwards HR, a platform that automates key portions of the separation process to ensure accuracy, compliance and a positive overall brand experience for those leaving the organization and those charged with executing what is often an emotional and stressful process.

Even under the best circumstances, employment separation is traditionally a labor-intensive and challenging process. It involves multiple stakeholders, including human resources representatives, line managers, legal counsel and executives, who must ensure a smooth and compliant transition while managing their primary job responsibilities. This dual responsibility often leads to overstretched staff and an increased risk of errors, creating a potential minefield of financial and legal implications for the organization. Examples include lawsuits resulting from unlawful terminations, potential violations of the Worker Adjustment and Retraining Notification (or WARN) Act during mass layoffs, adverse impact on protected groups and the financial pitfalls due to clerical errors or improperly executed severance agreements. The stakes are higher than often appreciated, considering legal fees and the potential damage to the organization’s reputation. Plus, the emotionally charged nature of the circumstances surrounding these events further compounds stress, making it essential to manage with precision and sensitivity.

In light of these challenges, organizations are turning to technology to ensure a structured, automated separation process that safeguards accuracy and compliance. This is a natural extension of the ongoing movement to automation in HR technology, which is critical to achieving the best business outcomes. We assert that by 2025, three-quarters of organizations will identify use cases that specify human capital management system requirements for optimum agility. This critical business process is a perfect example of how technology brings structure and automation to a business-critical but sometimes highly risky process.

Enter Onwards HR: an innovative system that streamlines employee separation actions, minimizes financial and legal risks and saves time and costs typically incurred by a long and redundant process with the engagement of external legal counsel. Onwards HR is a comprehensive digital platform that seamlessly manages the most critical elements of the separation process. The technology ensures strict adherence to laws and regulations, minimizing the potential for costly litigation. For instance, Onwards HR has built-in compliance checks for WARN Act implications, flagging potential violations during large-scale layoffs. This preemptive risk mitigation is an invaluable asset for organizations navigating the complex legal landscape of offboarding.

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In Uncategorized

How GrainChain Is Leveling the Playing Field

GrainChain has been nominated in HackerNoon’s annual Startup of the Year awards in McAllen, Texas, USA.

Meet GrainChain

GrainChain is working to level the playing field for producers and all other participants along the global agricultural supply chain by directly addressing current pain points such as reliability of data, traceability, the speed of payments, and access to financing and insurance.

My Role

I am Tom DeRosa, Director of Marketing for GrainChain. I have the privilege of crafting GrainChain’s story and sharing it with the world, from what we do to how we do it and the impact we are making across the global agricultural supply chain.

I’m excited about our most recent campaign: interviews with the producers, lenders, and other supply chain participants that we work with. There are real people and real world success stories behind our impressive technological innovations.

How We’re Disrupting/Improving the Agricultural Industry

We’re bringing the technological tools that large-scale producers use and making them available to small to medium-sized producers.

GrainChain is working to take an industry that is still relying on paper and labor-intensive practices and move it toward a productive, sustainable future, helping producers, buyers, storage operators, lenders, and other supply chain participants around the world.

Our software ecosystem solves problems for all participants at every stage of the supply chain, providing better visibility, efficiency, and data. We are not merely aggregating data but generating it, and the reliability of this data allows us to open up new opportunities in the marketplace.

Standing Out from The Crowd

We are unique because we are not creating solutions in search of a problem.

We’re not building blockchain and IoT-driven solutions because that technology is popular and draws attention–we are constantly seeking out the best technology and approaches available to solve real-world problems faced along the agricultural supply chain.

More importantly, we are applying these technologies the right way.

Each solution we have built solves a specific problem that producers, buyers, lenders, storage operators, and other supply chain participants are facing in markets around the world.

We believe no one is really tackling supply chain efficiency, traceability, and liquidity in the holistic way we are, connecting all participants through a single point of truth.

Our Predictions/Thoughts on the Agricultural Industry in 2023

Automation and digitization of processes at each stage of the supply chain will continue to ramp up in 2023, meaning more reliable, real-time data can be captured, stored, and made available to all stakeholders.

This data is key to lowering risk and providing producers with more and better financial options from loans to insurance.

AI is going to be transformative in this industry as it is across all industries. AI can help supply chain participants identify anomalous data and solve problems more quickly.

It can enhance predictive analytics and forecasting so that producers can make their operations more efficient and get better prices in a highly volatile marketplace.

As with many industries, there will be a shift away from proprietary hardware and heavy investments in infrastructure toward cloud computing and mobile apps that allow producers, storage operators, and logistics providers to more quickly and easily integrate technology into their operations.

We’re in an age of amazing advancements in technology, but the key is applying the right technologies in the right way to truly impact the agricultural supply chain.

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In CRM & Customer Experience, Success Stories, Foundries, Consumer Industries

5 companies leveraging startup innovation to improve their customer experience

To provide exceptional customer experiences, companies are turning to startup innovation. By partnering with startups, established organizations can tap into novel technologies, fresh perspectives, and agile methodologies to revolutionize how they engage and delight their customers.

SAP.iO simplifies the collaboration between SAP customers and cutting-edge enterprise software startups by facilitating seamless integration with SAP solutions. Our portfolio of 150+ enterprise-ready startup solutions integrated with SAP Customer Experience enables customers to drive innovation.

This roundup showcases five companies that have embraced startup solutions to elevate their customer experience.

 

Adverity & Ikea: How IKEA uses data to identify the best paths to success 

IKEA worked with Adverity’s data analytics platform to consolidate and analyze vast amounts of marketing data from various sources. By leveraging Adverity’s solution, IKEA gained valuable insights and improved the efficiency of their marketing campaigns, ultimately leading to better decision-making and enhanced marketing performance. 

Adverity works with SAP Industry Cloud, SAP Integration Suite, and SAP Marketing Cloud and is available on the SAP Store. 

Jebbit & NHL: How the NHL Scores Authentic Fan Engagement 

The NHL worked with Jebbit to improve its user acquisition and engagement strategies. The NHL used interactive experiences and personalized content powered by Jebbit’s platform to drive user engagement, increase fan loyalty, and ultimately grow their user base. 

Jebbit works with SAP Emarsys Customer Engagement and SAP Customer Data Platform and is available on the SAP Store.  

LISNR & Jaguar Land Rover: Jaguar Land Rover Drives Connectivity with LISNR  

Jaguar Land Rover worked with LISNR to overcome connectivity challenges in linking passengers with their mobile devices and vehicles. By leveraging LISNR’s secure ultrasonic data transmission technology, they improved connectivity, enabled authentication, and delivered personalized in-car experiences, surpassing their implementation goals. 

LISNR works with SAP Customer Data Cloud and SAP Commerce Cloud and is available on the SAP Store.

Mercaux & Holland & Barrett: Launching a Digital Transformation Project  

Holland & Barrett collaborated with Mercaux to launch a new pilot digital transformation project. Using Mercaux’s digital retail solutions, Holland & Barrett aimed to enhance the in-store customer experience, improve product visibility, and drive sales through personalized recommendations and interactive features.  

Mercaux works with SAP Industry Cloud and SAP Commerce and is available on the SAP Store.   

Yellow.ai & Sephora: Embracing Digital Experiences Powered by Conversational AI

Sephora wanted to adopt an omnichannel approach to providing a best-in-class retail experience across both offline and online channels to their customers at any hour of the day. They worked with Yellow.ai to introduce a virtual assistant that provides personalized beauty consultations and can help customers with checking product availability, reserving products, managing in-store pickup, and facilitating product returns.

Yellow.ai works with SAP Commerce Cloud, SAP CRM Sales, and SAP CRM Service Manager and is available on the SAP Store.

 

All trademarks are the property of their respective owners.

In Supply Chain Management

Revuze Unveils Revuze Alerts: AI-Powered Notifications to Empower Brands With Real-Time Market Intelligence

Revuze, the leading AI solution helping consumer brands make data-driven decisions from consumer reviews, is thrilled to announce its latest feature release: Revuze Alerts.

Revuze Alerts were designed to ensure direct-to-consumer companies can proactively stay on top of their category, brand, and products. The push notification suite includes: Insight Alerts, Consumer Sentiment Alerts, Star Rating Alerts, and Recently Added Alerts. These alerts will be pushed to relevant stakeholders any time there is a data refresh or when there is a change that is one standard deviation above and below the average.

“We are constantly thinking of ways to optimize our customers’ user experience. Brand professionals have little time and are constantly adapting to the marketplace. The AI algorithm is becoming proactive rather than reactive which is groundbreaking. Revuze Alerts is ushering the next phase of the product and there are more great developments on their way,” – Ido Ramati, Revuze Founder and COO.

To help open company bottlenecks further and ensure transparency, Revuze Alert reports can be sent to key decision-makers who may not be using platform users.

Read More…

In Berlin, Supply Chain Management

AI-Fueled Satellites Are First-Movers In Launch Of The Space Economy

Just as satellites revolutionized the space age in the 20th century, artificial intelligence (AI) has ignited the newest era in space commercialization with advanced analytics that can make the world’s infrastructure grid safer and more reliable. This latest innovation comes from LiveEO, a startup that delivers AI-powered analytics from satellite imagery of linear grids. The cloud-based service is already helping electric, railway, and pipeline companies detect and act on earthbound risks fast and safely.

“Intelligent satellite-based data is an efficient and eco-friendly way to monitor the ground environment around infrastructure,” said Martina Baccolo, global partner and alliances director at LiveEO. “Using AI to analyze satellite data from the earth’s surface, our solutions help companies identify and locate potential hazards to energy and transportation lines in record time with greater efficiencies.”

Headquartered in Berlin with offices in the US, UK and Latvia, LiveEO primarily serves organizations that operate electric power lines, oil and gas pipelines, and railways. Baccolo said that customers can typically reduce electrical outages by 14% within three years, and decrease operational expenses by 30%. She shared the company’s strategy with me at the International SAP Conference for Utilities in Basel.

Read More…

In Bangalore, HR & People Engagement

Delhi startup is using AI to fix challneges in the hiring process

At a time when security concerns and cyber threats are plaguing organizations, employee background verification has become more important than ever. TraqCheck, a Delhi-based startup launched in 2021, aims to make employee background verification more efficient and cost-effective. Founded by Jaibir Nihal Singh and his childhood friends Armaan Mehta and Rishabh Jain, the startup uses AI for the background verification of employees and helps organizations onboard the right people. It uses technology and automation to increase speed, enhance efficiency, reduce human error, and help companies maintain compliance to streamline the background verification process.

“Despite initial feedback from several industry experts suggesting the infeasibility of automating background checks in India, we persisted in building our product and discovered that it was indeed viable. This realisation motivated us to focus on developing the technology and advancing ahead,” Jaibir Nihal Singh, Co-founder of TraqCheck, tells YourStory.

The founders initially invested Rs 6 lakh from personal savings to bootstrap the startup. Currently, the team has about 20 employees. Automating verification solution TraqCheck is an ‘Application Programming Interface (API)-first product that is customizable and can be integrated with any Human Resource System (HRMS) with just a few lines of code.

Singh explains that after getting information about the candidate, it runs a background verification with the data gathered. It then produces results that can be viewed on the dashboard or the client’s HRMS system. The product authenticates and aggregates an individual’s historical information, including their criminal record, education history, previous employment, identity, address, and psychometric results, with meticulous accuracy and a fast turnaround time. It also includes a myriad of bots and algorithms such as the Identity Matching Algorithm, the Employment Verification Bot, and the Forgery Detection Algorithm, amalgamated with an end-to-end automated system, providing organizations with complete background check solutions.

“Our streamlined approach is designed to minimize any additional workload for HR teams, providing them with a convenient and seamless experience, while their advanced system handles the entire background verification process expeditiously,” Singh asserts.

The startup has partnered with OpenAI to build various features such as categorizing criminal records, computer vision for current address verification, and more.

Read More…

In Global, Portfolio News, CRM & Customer Experience

How SAP, Mention Me Enable Puma to Market Through Customer Data

During last month’s NRF Big Show, executives from Puma and Mention Me took to the SAP Theatre stage to discuss marketing strategies in this post-pandemic period. The session, titled, “How Smart Brands Future-Proof Growth through Customer Advocacy,” featured David Witts, senior manager, CRM, Puma, and Darren Loveday, vice president, business development and solutions consulting, Mention Me.

Read the full story in WWD

In Uncategorized, Blog, Global, Venture Studio

Did you catch all our latest SAP.iO Venture Studio highlights?

SAP.iO sign

July – September 2022 | Achievements & News from SAP.iO Venture Studio 

SAP.iO Venture Studio drives a new era of organic growth at SAP. It empowers entrepreneurial teams inside SAP to turn innovative ideas into profitable businesses and invests in these new employee-led ventures who are focused on solving some of the biggest problems in enterprise business processes. SAP.iO Venture Studio helps start and scale new ventures by providing design, development and sales support. Find out more on sap.io/studio. 

Encore by SAP 

As a secondary marketplace, the Encore by SAP solution is enabling regenerative business processes and empowering network members to close the loops and make circular economy a reality. The demand-driven enterprise trading platform provides a simplified way to offer and discover secondary materials and components with integration into back-end procurement or asset management solutions. The platform enables trading of aftermarket components, such as alternators or batteries, and is looking to expand into further areas, such as secondary materials — from aluminium to polyurethane — or production waste and scrap.  

  • Earlier this year, SAP.iO Venture Studio welcomed two new ventures: Encore by SAP received investment to work on enabling the circular economy. Read more about the venture here and watch this intro video with Co-Founder and General Manager Edward Kosec here.  
  • As a matter of fact, Encore is already working with the consortium Catena-X. They kicked off testing Encore’s marketplace to help the German automotive industry become more sustainable. Get more information and impressions of the launch on LinkedIn here.  

Discover more on this venture on https://encorebysap.io/ 

Feather by SAP  

Feather by SAP is an end-to-end recommerce solution that support brands and retailers that want to accelerate the shift from linear to circular business by taking ownership over their recommerce activities. Facilitate the in-house business processes, capture data, engage with the shopper, and own the end-to-end product life cycle. 

  • Feather recently collaborated with students from the Hasso-Plattner-Institute in Potsdam on machine learning applications for resale. Check out some impressions via Feather’s social media presence.  

Discover more on this venture on https://www.getfeather.io/  

GreenToken by SAP 

GreenToken by SAP is a supply chain solution that offers companies new levels of transparency through reliable, blockchain-based information. Gain visibility into where raw materials came from and produce products with knowledge about where and how the materials were produced, even in complex, non-batch supply chains. 

  • GreenToken received funding in 2019 and quickly became a major growth opportunity, enabling customers to trace raw material supply chains for informed purchasing decisions. Let alone in the last quarter they managed to 
    • Announce a pilot with Japanese chemicals company DIC Corporation 
    • Collaborate with automotive consortium Catena-X on creating transparency of emission information from business partners across the entire automotive value chain 
    • Won in the category “Technology, Media & Telecommunication” for the the Australian Financial Review’s Sustainability Leaders for 2022 awards 
    • Featured in Canada’s second biggest daily newspaper, The Globe and Mail, sharing their journey and business idea 
  • Having gained traction among customers and proving their business value, this employee-led venture now graduated from the SAP.iO Venture Studio portfolio and joined SAP’s Sustainability growth area on September 1. With the early support of our inhouse venture program, they have become the latest example of having turned an innovative business idea by SAP employees into a profitable business and product. They will now further scale within the bigger organization. 

Discover more on this venture on https://www.green-token.io/  

Paid Promptly by SAP  

Paid Promptly by SAP drives cash into your business faster by automating receivable processes. Deliver a seamless, personalized, customer experience through Paid Promptly’s automated communication solution, beginning when an invoice is first released until payment is received. 

  • This venture is making invoice communication more convenient. Their solution is now available for all SAP customers on the SAP Store  
  • You can meet Paid Promptly at SAP Spend Connect Live from October 24 to 26 in Dallas, Texas. Register for the event here.  

Discover more on this venture on https://www.paidpromptly.io/  

Source Agent by SAP  

Great sourcing shouldn’t be a secret. Source Agent by SAP gives you the insights and strategies to address spend intelligently and wow your stakeholders. Identify sourcing opportunities by aligning your spend to current market intelligence. Receive a targeted sourcing strategy and supplier recommendations based on your data and requirements for each spend category. Quickly convert strategies and plans into eSourcing event prep and execution. 

  • As the team is preparing for giving customers direct access to their tool, they are offering strategic sourcing for free! Their rapid test program is a quick and free way to help businesses see spend classified and aligned to their scoping framework. Read more about this opportunity here. 
  • You can meet Source Agent at SAP Spend Connect Live from October 24 to 26 in Dallas, Texas. Keep yourself updated by following the venture’s social media presence and register for the event here.  

Discover more on this venture on https://www.sourceagent.io/  

Tax Eye by SAP  

Tax Eye by SAP is a virtual digital assistant technology that improves and powers tax business processes. Tax Eye allows tax professionals to focus on higher value add activities using human centered artificial intelligence and reduce corporate tax burden. 

  • Earlier this year, SAP.iO Venture Studio welcomed two new ventures: Tax Eye by SAP simplifies access to tax intelligence. Find out more in this announcement. 

Discover more on this venture on https://taxeyebysap.io/ 

In Blog, Global, Venture Studio

Did you catch all our latest SAP.iO Venture Studio highlights?

SAP.iO sign

April – June 2022 | Achievements & News from SAP.iO Venture Studio 

SAP.iO Venture Studio drives a new era of organic growth at SAP. It empowers entrepreneurial teams inside SAP to turn innovative ideas into profitable businesses and invests in these new employee-led ventures who are focused on solving some of the biggest problems in enterprise business processes. SAP.iO Venture Studio helps start and scale new ventures by providing design, development and sales support. Find out more on sap.io/studio. 

Brilliant Hire by SAP 

Brilliant Hire by SAP intelligently matches candidates with a personalized shortlist of jobs on your careers page based on what really matters to them, using Artificial Intelligence (AI). 

  • With artificial intelligence playing an important role in hiring processes, experts are curious what part AI will play after the great reshuffle. Learn more about how Brilliant Hire by SAP’s uses AI future-oriented in this article. 

Discover more on this venture on https://www.brillianthire.io/ 

Encore by SAP 

As a secondary marketplace, the Encore by SAP solution is enabling regenerative business processes and empowering the network members to close the loops and make circular economy a reality. The demand-driven enterprise trading platform provides a simplified way to offer and discover secondary materials and components with integration into back-end procurement or asset management solutions. The platform enables trading of aftermarket components, such as alternators or batteries, and is looking to expand into further areas, such as secondary materials — from aluminum to polyurethane — or production waste and scrap. 

  • This new venture had their first official outing at Hannover Messe 2022. Find impressions from the event on the co-founders’ social media presence. 
  • Just having joined the active portfolio of employee-led SAP ventures, the venture’s General Manager Edward Kosec was part of an open conversation on corporate entrepreneurship at SAP. Watch the recording on LinkedIn Live here. 
  • Enabling a Circular Economy Through Industry Network Collaboration? Encore by SAP was featured on the SAP News Center highlighting their work with Catena-X 

Website soon to go live. 

Feather by SAP  

Feather by SAP is an end-to-end recommerce solution that support brands and retailers that want to accelerate the shift from linear to circular business by taking ownership over their recommerce activities. Facilitate the in-house business processes, capture data, engage with the shopper, and own the end-to-end product life cycle. 

  • Taking center stage at SAP’s flagship event: Joanna Maryewska, General Manager and Founder of Feather by SAP featured in SAP Sapphire’s virtual keynote about the future of customer experience. Rewatch the whole session here.  
  • The importance of customer satisfaction to businesses is well-known. To connect the environmental impact of the supply chain with eco-friendly choices of customers, SAP Customer Experience announced partnering with Feather by SAP for recommerce capabilities. Read more in this announcement. 
  • #CXUnplugged hosted Joanna Maryewska to talk about reviving retail strategies for brands as they are seeing unprecedented change that can be daunting. Watch the recording here. 
  • With so many achievements this quarter no wonder this employee-led venture is continuously growing. Join the team as their Senior Full Stack Engineer and find all other open positions here.

Discover more on this venture on https://www.featherbysap.io/  

GreenToken by SAP 

GreenToken by SAP is a supply chain solution that offers companies new levels of transparency through reliable, blockchain-based information. Gain visibility into where raw materials came from and produce products with knowledge about where and how the materials were produced, even in complex, non-batch supply chains. 

  • Time to step into the limelight at SAP’s annual flagship event: The venture’s work was mentioned in SAP Sapphire’s global opening keynote by Christian Klein. Watch the replay here and read more about how GreenToken by SAP’s solution helps Unilever with increasing traceability and transparency in their global palm oil supply chain. 
  • SAP and Mitsubishi Chemical Europe are working on a more sustainable and transparent supply chain with GreenToken by SAP providing the solution. Read more about the cooperation here.  
  • Having the word “green” in their name, people probably wonder how green GreenToken by SAP really is. Check out the article on LinkedIn. 

Discover more on this venture on https://www.green-token.io/  

Paid Promptly by SAP  

Paid Promptly by SAP drives cash into your business faster by automating receivable processes. Deliver a seamless, personalized, customer experience through Paid Promptly’s automated communication solution, beginning when an invoice is first released until payment is received. 

  • The venture successfully converted a PoC to a signed paid contract with an American manufacturer. 
  • Interested parties can also test their first free pilot to automate receivables processes. Find out more here. 

Discover more on this venture on https://www.paidpromptly.io/  

Source Agent by SAP

Great sourcing shouldn’t be a secret. Source Agent by SAP gives you the insights and strategies to address spend intelligently and wow your stakeholders. Identify sourcing opportunities by aligning your spend to current market intelligence. Receive a targeted sourcing strategy and supplier recommendations based on your data and requirements for each spend category. Quickly convert strategies and plans into eSourcing event prep and execution. 

Discover more on this venture on https://www.sourceagent.io/  

In Blog, Global, Venture Studio

Did you catch all our latest SAP.iO Venture Studio highlights?

SAP.iO sign

January — March 2022 | Achievements & News from SAP.iO Venture Studio

SAP.iO Venture Studio drives a new era of organic growth at SAP. It empowers entrepreneurial teams inside SAP to turn innovative ideas into profitable businesses and invests in these new employee-led ventures who are focused on solving some of the biggest problems in enterprise business processes. SAP.iO Venture Studio helps start and scale new ventures by providing design, and development and sales support. Find out more on sap.io/studio.

Brilliant Hire by SAP

Brilliant Hire by SAP intelligently matches candidates with a personalized shortlist of jobs on your careers page based on what really matters to them, using Artificial Intelligence (AI).

  • It is no news that artificial intelligence is valuable in the job market, but with the great reshuffle what role will AI play? Read about Brilliant Hire by SAP’s inclusive hiring solution and their focus on skills here.
  • To get to know the venture better, Brilliant Hire by SAP released a Lip Sync video. Check out the video here and learn what Brilliant Hire by SAP does.
  • Brilliant Hire by SAP keeps growing and is now looking for a Developer Node.js, SQL, React/Value and a Senior Integration Engineer. Find all open positions here.

More on this venture on https://www.brillianthire.io/

EverLoop by SAP

EverLoop by SAP aims to empower every business on the planet to achieve zero waste by being a sustainability solution that connects stakeholders across the waste value chain to enable the circular economy, with transparency and traceability.

  • EverLoop by SAP reached a major milestone in March: The venture celebrated their first anniversary on March 1. A lot has happened for the founding team in one year at the SAP.iO Venture Studio. Read all about it here or watch the video here.
  • And there is more great news: EverLoop by SAP shared their journey with the “Intrapreneurship Conclave 2022” and talked about what it’s like being a founder of an employee-led venture. Along the way the venture was announced the winners of the Star Intrapreneurship Award and the runner-up in the category breakthrough ideas for social impact.

More on this venture on https://www.ever-loop.io/

Feather by SAP

Feather by SAP is an end-to-end recommerce solution that support brands and retailers that want to accelerate the shift from linear to circular business by taking ownership over their recommerce activities. Facilitate the in-house business processes, capture data, engage with the shopper, and own the end-to-end product life cycle.

  • Looking for a new way of retail sustainability? Feather by SAP and its end-to-end re-commerce solution helps retailers to shift to circulars business models. Learn more about taking ownership of one’s re-commerce activities here.
  • Women founders often face more challenges when getting started and securing capital. Read the ventures General Manager Joanna Maryewska’s thoughts about how corporates can support women entrepreneurs here.
  • The venture is successfully growing and is now looking for a Senior Fullstack Developer and a Front End Engineer. Find all open positions on SAP.iO.

More on this venture on https://www.featherbysap.io/

GreenToken by SAP

GreenToken by SAP is a supply chain solution that offers companies new levels of transparency through reliable, blockchain-based information. Gain visibility into where raw materials came from and produce products with knowledge about where and how the materials were produced, even in complex, non-batch supply chains.

  • The venture recently published a white paper on material traceability for increased circularity in the chemical industry. Read here how with end-to-end traceability and transparency the solution can increase sustainability in many raw material supply chains.
  • SAP and Unilever announced the successful pilot of the GreenToken by SAP solution to further increase traceability and transparency in Unilever’s global supply chain. Check out this milestone here and learn about the great coverage the news already got in magazines like Supply Chain Digital, Food Logistics and TechTarget.
  • With so many great achievements no wonder the employee-led venture has already been part of the SAP.iO Venture Studio portfolio for two years. Find their anniversary post here.

More on this venture on https://www.green-token.io/

Paid Promptly by SAP

Paid Promptly by SAP drives cash into your business faster by automating receivable processes. Deliver a seamless, personalized, customer experience through Paid Promptly’s automated communication solution, beginning when an invoice is first released until payment is received.

More on this venture on https://www.paidpromptly.io/

Source Agent by SAP

Great sourcing shouldn’t be a secret. Source Agent by SAP gives you the insights and strategies to address spend intelligently and wow your stakeholders. Identify sourcing opportunities by aligning your spend to current market intelligence. Receive a targeted sourcing strategy and supplier recommendations based on your data and requirements for each spend category. Quickly convert strategies and plans into eSourcing event prep and execution.

  • And we had another birthday at the SAP.iO Venture Studio: Source Agent by SAP turned one on March 1 as well. Read all about their experiences during their first year here and watch the video here.
  • Join the team as a Senior Software Engineer and apply now on SAP.iO.

More on this venture on https://www.sourceagent.io/

In Blog, Global, Venture Studio

Did you catch all our latest SAP.iO Venture Studio highlights?

SAP.iO sign

October — December 2021 | Achievements & News from SAP.iO Venture Studio

SAP.iO Venture Studio drives a new era of organic growth at SAP. It empowers entrepreneurial teams inside SAP to turn innovative ideas into profitable businesses and invests in these new employee-led ventures who are focused on solving some of the biggest problems in enterprise business processes. SAP.iO Venture Studio helps start and scale new ventures by providing design, and development and sales support. Find out more on sap.io/studio.

Brilliant Hire by SAP

rilliant Hire by SAP intelligently matches candidates with a personalized shortlist of jobs on your careers page based on what really matters to them, using Artificial Intelligence (AI).

  • Brilliant Hire received follow-on funding! Discover what the successful validation of the venture’s three-year product roadmap means for solving customers’ challenges in recruiting.
  • Thanks to AI, Brilliant Hire by SAP is able to simplify the recruiting process as announced in SAP TechEd’s News Guide 2021. Read here how AI is at the center of recruitment processes by SAP SuccessFactors with Brilliant Hire by SAP as a major component.
  • Best-in-class organizations are increasing the use of AI throughout their recruiting process which is exactly what Brilliant Hire by SAP expected. Learn more about AI in the recruitment process and what the venture’s General Manager Jeanine LeFlore has to say on it on Forbes here.
  • As the venture continues its success story, they are now actively looking for Developers, Project Managers, Engineers, and Analysts. Find all open positions on SAP.iO.

More on this venture on https://www.brillianthire.io/

EverLoop by SAP

verLoop by SAP aims to empower every business on the planet to achieve zero waste by being a sustainability solution that connects stakeholders across the waste value chain to enable the circular economy, with transparency and traceability.

  • The venture, its business idea and product development were discussed in a feature in national newspaper Times of India: A big moment for EverLoop by SAP after two years of delivering their solution to the market and help customers managing their e-waste and achieve zero.
  • Join the team as a Developer UI and apply now on SAP.iO.

More on this venture on https://www.ever-loop.io/

Feather by SAP

eather by SAP is an end-to-end recommerce solution that support brands and retailers that want to accelerate the shift from linear to circular business by taking ownership over their recommerce activities. Facilitate the in-house business processes, capture data, engage with the shopper, and own the end-to-end product life cycle.

  • We have a new kid on the block at SAP.iO Venture Studio! Feather by SAP finalized naming and branding and has a sparkling new brand identity: Check out their website and follow on LinkedIn.
  • The official investment announcement introduced the venture and its product’s benefits for SAP customers.
  • As part of SAP’s venture arm SAP.iO, Feather by SAP was also discussed as one of SAP’s sustainability software solutions. Read more news here.
  • Do you want to shape the future of a new venture? Feather by SAP is looking for a Frontend Developer, Full Stack Developer, Data Scientist, UX Designer, and Product Owner and they have numerous fellowship positions available. Find all open positions here.

More on this venture on https://www.featherbysap.io/

GreenToken by SAP

reenToken by SAP is a supply chain solution that offers companies new levels of transparency through reliable, blockchain-based information. Gain visibility into where raw materials came from and produce products with knowledge about where and how the materials were produced, even in complex, non-batch supply chains.

  • The venture looks back at a successful year with an exciting feature in SAP’s CEO opening keynote at SAPPHIRE NOW 2021, and more outings and media mentions, including:
    • Numerous LinkedIn articles and posts with over 70,500 views in total
    • Inspiring external speaking engagements
    • Features in external media articles in 2021, including Frontier Enterprise and Crypto News BTC
  • Congratulations are in order! The venture was nominated for Hasso Plattner Founders’ Award 2022 and is among the last 9 finalists. Check out the nomination video and announcement of the finalists.
  • GreenToken by SAP can also track hydrogen across supply chains to help businesses determine whether it is truly green. Need more on how on GreenToken by SAP’s supply chain solution can contribute to reducing current logistics challenges for the fuel of the future? Read more on the Wall Street Journal.

More on this venture on https://www.green-token.io/

Paid Promptly by SAP

aid Promptly by SAP drives cash into your business faster by automating receivable processes. Deliver a seamless, personalized, customer experience through Paid Pronto’s automated communication solution, beginning when an invoice is first released until payment is received.

  • Paid Promptly by SAP automates receivables to drive cash into businesses faster and sets a focus on customer correspondence. Listen to SAP’s Chief Financial Officer Luka Mucic and get a first glimpse of the importance of their work in this video
  • The venture has a big influence on SAP’s cash collection. This video shows how SAP has optimized this process with Paid Promptly by SAP.
  • Interested in working at this venture? They are looking actively for a Senior Full Stack Engineer.

More on this venture on https://www.paidpromptly.io/

Source Agent by SAP

reat sourcing shouldn’t be a secret. Source Agent by SAP gives you the insights and strategies to address spend intelligently and wow your stakeholders. Identify sourcing opportunities by aligning your spend to current market intelligence. Receive a targeted sourcing strategy and supplier recommendations based on your data and requirements for each spend category. Quickly convert strategies and plans into eSourcing event prep and execution.

  • Want more entrepreneurial insights into founding and scaling a business? The ventures’ co-founder Travis Matter and Will Caseber talked about their personal journey with Source Agent by SAP and SAP.iO. Read about their experiences here.

More on this venture on https://www.sourceagent.io/

In No Boundaries Event

HBCU National BrainTrust

Vanessa Liu, VP of SAP.iO Foundries North America, joined an industry panel with leaders powering Black innovation through corporate venture capital efforts in this year’s HBCU Braintrust.

Powerful partnerships with SAP, T-Mobile, IBM, Intel, and Amazon all investing in women, URM businesses, and academic programs help pave the way in making a difference in how these groups are empowered and funded.