American Express Ventures

Center is a software company that focuses on enhancing visibility and management of employee spending for businesses. Its primary product, Center Expense, is an integrated corporate card and expense solution designed for small and medium-sized enterprises. This solution helps organizations streamline their operations, improve compliance, and save time by providing real-time insights to finance teams, facilitating better decision-making. Additionally, Center offers web development, cloud, and project management services, broadening its impact on business efficiency and operational effectiveness.

Handle is a construction software company that provides an end-to-end platform to streamline payments and project administration. Its tools automate tasks related to late payments, lien management, deadline tracking, mailings, and document management, enabling contractors and material suppliers to be paid faster. The software supports credit and finance teams with online payments, waivers, and access to capital, consolidating workflows for invoices and documents. By digitizing owner verification, required documents, electronic signatures, and related communications, Handle helps construction projects run smoothly and reduce payment delays. Based in La Jolla, California.

Nipendo Ltd. is a technology company based in Netanya, Israel, that specializes in a cloud-based robotic process automation (RPA) platform. Founded in 2003, Nipendo focuses on automating purchase-to-pay and accounts payable processes for large and medium-sized enterprises. The platform enhances buyer-supplier communication and collaboration, facilitating the integration and synchronization of business operations while offering solutions for supply chain orchestration, financing, and invoice reconciliation. Utilizing machine learning and artificial intelligence, Nipendo's platform ensures process compliance and governance, helping clients streamline interactions with suppliers and reduce reliance on manual labor. Its scalable trading-partner network supports widespread electronic procurement and invoicing, enabling organizations to optimize their procurement processes effectively.

Glean AI is a New York-based company that provides an all-in-one spend management solution tailored for small and mid-market businesses. Utilizing advanced artificial intelligence, Glean analyzes expense drivers and delivers line-item level insights that are frequently overlooked by finance teams and budget owners. Its platform combines smart automation with spending intelligence, empowering finance teams to identify significant savings opportunities. By streamlining financial processes, Glean enables companies to expedite invoice payments and reduce manual workload, thereby enhancing overall financial efficiency.

Lockstep is a financial technology company that aims to enhance the efficiency of accounting departments by automating the management of accounts receivable and accounts payable. The company's platform revolutionizes the way accounting teams interact with vendors and customers by establishing direct connections between their accounting systems, eliminating the need for manual data entry from emails and paper documents. This innovation not only reduces errors and accelerates cash flow but also allows staff to concentrate on higher-value tasks. By streamlining the sharing of accounting data among business partners, Lockstep facilitates timely and accurate bookkeeping, ultimately improving financial performance for its clients.

Melio is a fintech company that specializes in providing small businesses with digital tools to manage their business-to-business payments and receivables. Its platform offers a streamlined accounts payable and receivable dashboard, allowing businesses to transfer and receive payments efficiently. By simplifying the payment workflow, Melio enables small businesses to improve their cash flow and reduce or eliminate late payment costs. This approach enhances oversight and control over finances, allowing businesses to focus more on customer engagement rather than back-office operations. Overall, Melio aims to empower small businesses by minimizing time and costs associated with payment processes.

Melio is a fintech company that specializes in providing small businesses with digital tools to manage their business-to-business payments and receivables. Its platform offers a streamlined accounts payable and receivable dashboard, allowing businesses to transfer and receive payments efficiently. By simplifying the payment workflow, Melio enables small businesses to improve their cash flow and reduce or eliminate late payment costs. This approach enhances oversight and control over finances, allowing businesses to focus more on customer engagement rather than back-office operations. Overall, Melio aims to empower small businesses by minimizing time and costs associated with payment processes.

Melio is a fintech company that specializes in providing small businesses with digital tools to manage their business-to-business payments and receivables. Its platform offers a streamlined accounts payable and receivable dashboard, allowing businesses to transfer and receive payments efficiently. By simplifying the payment workflow, Melio enables small businesses to improve their cash flow and reduce or eliminate late payment costs. This approach enhances oversight and control over finances, allowing businesses to focus more on customer engagement rather than back-office operations. Overall, Melio aims to empower small businesses by minimizing time and costs associated with payment processes.

Glean AI is a New York-based company that provides an all-in-one spend management solution tailored for small and mid-market businesses. Utilizing advanced artificial intelligence, Glean analyzes expense drivers and delivers line-item level insights that are frequently overlooked by finance teams and budget owners. Its platform combines smart automation with spending intelligence, empowering finance teams to identify significant savings opportunities. By streamlining financial processes, Glean enables companies to expedite invoice payments and reduce manual workload, thereby enhancing overall financial efficiency.

Pilot provides bookkeeping, tax, and CFO services for growing businesses. Its platform offers automated accrual basis bookkeeping, generating on-demand, accurate financial reports to reduce time, cost, and labor associated with traditional outsourced practices.

Sage Intacct is a cloud-based financial management software company that provides cloud ERP and accounting solutions for businesses and professional services firms. The platform covers general ledger, accounts payable and receivable, purchasing, order management, cash management, fixed assets, inventory, time and expense, contract and subscription billing, contract revenue management, multi-entity and global consolidations, project accounting, and tax management, along with reporting, dashboards, a digital board book, and collaboration tools. It also offers vendor payments and professional services, training, and support. The company serves a broad mix of industries—accounting, financial services, franchises, healthcare, hospitality, nonprofits, software/SaaS, and wholesale distribution—with customers in North America and a channel partner network. Founded in 1999 and headquartered in San Jose, California, Sage Intacct focuses on cloud-first financial software designed to drive efficiency and actionable insights for scale-up and enterprise customers.

Adaytum Software specializes in providing internet-based enterprise business planning software designed for medium and large-sized corporations. The company's flagship product, Adaytum Planning, offers a comprehensive suite of tools that facilitates budgeting, planning, forecasting, consolidation, management reporting, product profitability analysis, and activity-based costing. By enabling organizations to plan, track, analyze, and forecast critical business activities, Adaytum fosters a proactive and collaborative approach to business management.

Advanced Data Exchange is a provider of electronic data interchange, business integration, and commerce management services, headquartered in Fremont, California. Founded in 1992, the company specializes in outsourced electronic data interchange services, encompassing document specification, data mapping and translation, trading partner connectivity, secure message delivery, and tracking. Additionally, Advanced Data Exchange offers project management and technical support to assist businesses in managing their operations efficiently. The company features ADX WebAccess, a web-based order management and invoice presentment solution, and ADX Desktop, a software application for data archiving and back office system integration. Its business integration services include data translation, validation, and enterprise application integration, along with the provision of trading partner electronic commerce reference guides. Furthermore, Advanced Data Exchange delivers comprehensive commerce management services that encompass order processing, invoicing, and business intelligence management, alongside offerings like CommerceMail to tackle various commerce issues.