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Yokoy

by Yokoy Group · Since 2019
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ActiveAvailable globallyCloud
Quick facts
VendorYokoy Group
Year launched2019
StatusActive
LocationFörrlibuckstrasse 181, 8005 Zurich.
Countries servedGlobal
Languages5
Integrations39+
Free tier
Free trial
Contact salesYES

About Yokoy

Yokoy is an intelligent platform for travel and spend from Yokoy Group that provides companies with the freedom travelers want and the control businesses need. It combines travel inventory management, 24/7 support, and easy booking so organizations can manage their travel needs effectively. Users can use intelligent invoice management to simplify their expense processes and reduce administrative workload. The platform is designed to deliver real business impact by simplifying travel arrangements and financial oversight. Key capabilities: travel inventory management 24/7 customer support easy booking intelligent invoice management expense tracking Best for: companies that need to manage employee travel and expenses efficiently.

Yokoy is a spend management software designed to streamline and optimize finance operations by leveraging AI-powered automation. The platform offers a comprehensive suite of tools to manage invoices, expenses, and payments, all within a single, unified interface. Yokoy's focus on automation and intelligent spend management makes it an appealing solution for companies looking to reduce manual work, improve accuracy, and maintain compliance with internal policies and external regulations. One of Yokoy's standout features is its AI-driven approach to spend management. The software uses a proprietary AI developed and continuously improved by Yokoy's AI lab in Zurich. This AI automates data capture, enhances verification processes, and minimizes the need for manual intervention. By doing so, it allows finance teams to achieve a high level of automation, significantly reducing the time and effort required to manage expenses, invoices, and payments. The AI also adapts to the specific needs of each company, ensuring that the automation is tailored to the unique workflows and requirements of different organizations. Yokoy provides an end-to-end solution for managing company spending.

Pros & Cons

What users like
  • +• Automation Efficiency: Yokoy automates expense management tasks, saving time and effort.
  • +• Ease of Use: Users find Yokoy to be intuitive and user-friendly.
  • +• Easy Interface: The interface is clear and easy to navigate.
  • +• Easy Management: Yokoy simplifies expense management processes.
  • +• Fast Expense Processing: Quickly assigns invoices to the right people and handles different currencies.
  • +• Mobile App: Convenient for adding expenses on the go.
  • +• Self-explanatory UI: Easy to learn and use without extensive training. Simple Workflow: Clear and straightforward expense claim process.
What users flag
  • • Cancellation Issues: Difficulty in canceling or stopping already submitted invoices.
  • • Learning Curve: There might be a slight initial learning curve, especially for infrequent users.
  • • Processing Delays: Occasional delays in processing expenses have been reported.
  • • Unclear Usage: Unclear expense claim initiation process, especially for first-time users.
  • • App vs. Desktop Discrepancies: The mobile app experience may not be as comprehensive as the desktop version.
  • • Submission Errors: Occasional errors during expense claim submission.

Features

Key features

• AI-Powered Spend Management
Control, optimize, and streamline finance operations with AI-powered management of invoices, expenses, and payments.
• Invoice Management
Reduce manual work and ensure compliance with AI-powered invoice management.
• Expense Management
Simplify employee expenses, automate approvals, and maintain compliance with company policies.
• Payment Management
Issue physical and virtual cards, automatically match transactions, and manage everything from a single platform.
• End-to-End Visibility
Capture an audit-proof data trail for faster book closing, accurate tax reclaims, and real-time spend tracking.
• Custom Workflows
Utilize a no-code drag-and-drop workflow builder to adapt to each transaction for needed automation.
• Advanced Analytics
Track spend, export reports, and uncover insights to improve spend management.
• Security and Compliance
ISO 9001, ISO 27001, ISO 14001, PCI DSS 4.0, and GDPR compliant, with additional certifications.

Additional features

• AI-Powered Spend Management Platform
Integrates invoices, expenses, and payments into a single platform.
• Invoice Management
Streamlines accounts payable processes with AI, reducing manual work and non-compliance.
• Expense Management
Automates employee expense approvals, policy compliance, and expense management.
• Payment Management
Manages physical and virtual card issuance, transaction matching, and central control.
• End-to-End Visibility
Provides audit-proof data trails, real-time spend tracking, and accurate tax reclaiming.
• Custom Workflows
Offers a no-code drag-and-drop workflow builder that adapts to each transaction.
• Advanced Analytics
Tracks company-wide spend, exports reports, and provides insights for efficiency.
• Automation and AI Verification
Improves data capture and reduces manual work with AI-powered verification.
• Regulatory Compliance
Verifies transactions against company policies and external regulations.
• Custom Fit Solutions
Dynamically adapts to different entities and transactions for end-to-end automation.
• Integration with Other Tools
Pre-built connectors into ERP, HR software, travel booking tools, and finance software.
• Security and Compliance
Certified for ISO 9001, ISO 27001, ISO 14001, PCI DSS 4.0, GDPR, and more.
• Corporate Cards and Smart Lodge Card
Provides corporate card solutions with smart matching to expense reports.
• Scalable Solutions
Designed for scaleups, midsize businesses, and enterprises.
• Finance Transformation Tools
Supports travel expense management, procure-to-pay processes, and overall finance transformation.
• Compliance Center
Centralized compliance resources for regulatory adherence.
• Learning Resources
Access to events, webinars, white papers, blogs, and more for continuous learning.
• Developer Documentation
Available for technical integrations and custom solutions.
• Environmentally Conscious Actions
Yokoy’s commitment to environmental responsibility and sustainability.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
5
Interface languages
5
Billing currencies

Interface languages

GermanEnglishFrenchItalianChinese (Simplified)

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇨🇭CHF🇯🇵JPY

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