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Spend Management: From Cost Center to Customer Experience Driver

Posted Oct 20
# TransformX 2022
# AI in Finance
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SPEAKERS
Dileep Thazhmon
Dileep Thazhmon
Dileep Thazhmon
Founder & CEO @ Jeeves

Dileep Thazhmon is the Founder and CEO of Jeeves, an all-in-one corporate spend and expense management platform for businesses in global markets including Mexico, Brazil, Colombia, Chile, Peru, Canada, the UK, and Europe. More than 3000 companies across the world trust Jeeves with their financial payment stack. Jeeves has raised $380M from Andreesen Horowitz, CRV, GIC, Tencent, Silicon Valley Bank, Stanford University, and Y Combinator to fuel its international expansion. After its series C, Jeeves has a $2.1B valuation.

Prior to Jeeves, Dileep was the COO/Co-Founder at Jeeng/PowerInbox (www.jeeng.com), a Battery Ventures backed email ad server product used by 600+ brands including CNN, Disney, New Yorker etc. Dileep started and grew the company from 3 to 50+ employees while crossing 40M+ARR and maintaining profitability. PowerInbox was recognized as #2 in Inc. Top 30 List, #3 Deloitte Fast50 List, #4 Crains Top50 List.

He previously worked in Venture Capital and graduated with honors from Stanford University Graduate School of Business.

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Dileep Thazhmon is the Founder and CEO of Jeeves, an all-in-one corporate spend and expense management platform for businesses in global markets including Mexico, Brazil, Colombia, Chile, Peru, Canada, the UK, and Europe. More than 3000 companies across the world trust Jeeves with their financial payment stack. Jeeves has raised $380M from Andreesen Horowitz, CRV, GIC, Tencent, Silicon Valley Bank, Stanford University, and Y Combinator to fuel its international expansion. After its series C, Jeeves has a $2.1B valuation.

Prior to Jeeves, Dileep was the COO/Co-Founder at Jeeng/PowerInbox (www.jeeng.com), a Battery Ventures backed email ad server product used by 600+ brands including CNN, Disney, New Yorker etc. Dileep started and grew the company from 3 to 50+ employees while crossing 40M+ARR and maintaining profitability. PowerInbox was recognized as #2 in Inc. Top 30 List, #3 Deloitte Fast50 List, #4 Crains Top50 List.

He previously worked in Venture Capital and graduated with honors from Stanford University Graduate School of Business.

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Henrique Dubugras
Henrique Dubugras
Henrique Dubugras
Co-Founder & Co-CEO @ Brex

Henrique Dubugras is Co-Founder & Co-CEO of Brex — a corporate card and spend management solution that drives 100% compliance with 0 receipt chasing in 100+ countries. A Brazilian entrepreneur, Henrique built payments companyPagar.me — the Stripe of Brazil — when he was sixteen years old, with his co-founder Pedro Franceschi. In just three years, Pagar.me grew to $1.5 billion in volume of transactions processed. In the fall of 2016, Henrique and Pedro sold Pagar.me and enrolled at Stanford University. Henrique and Pedro founded Brex in 2017 to help startups more easily get access to corporate cards by rebuilding the financial stack and infrastructure behind them. Since then, Brex has evolved to help startups and scaled companies manage every aspect of spending, from the smallest purchases or the biggest procurements, no matter where employees live and work.

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Henrique Dubugras is Co-Founder & Co-CEO of Brex — a corporate card and spend management solution that drives 100% compliance with 0 receipt chasing in 100+ countries. A Brazilian entrepreneur, Henrique built payments companyPagar.me — the Stripe of Brazil — when he was sixteen years old, with his co-founder Pedro Franceschi. In just three years, Pagar.me grew to $1.5 billion in volume of transactions processed. In the fall of 2016, Henrique and Pedro sold Pagar.me and enrolled at Stanford University. Henrique and Pedro founded Brex in 2017 to help startups more easily get access to corporate cards by rebuilding the financial stack and infrastructure behind them. Since then, Brex has evolved to help startups and scaled companies manage every aspect of spending, from the smallest purchases or the biggest procurements, no matter where employees live and work.

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SUMMARY

While the spend management function has been around for decades, the industry is being rapidly disrupted by new, up-and-coming, customer-first vendors that distinguish themselves through technology. Spend management involves proactively and comprehensively supervising all supplier relationships and company purchasing to identify every dollar spent, and to get the most out of it. By listening to this panel, you will learn how leading FinTech companies are leveraging AI to not only transform their business operations but also to create a great customer experience. In this expert panel, you will hear from Henrique Dubugras, the Co-Founder and Co-CEO of Brex, and Dileep Thazhmon, the Founder and CEO of Jeeves, on how they view the spend management space. Dubugras and Thazhmon will discuss the market opportunity they saw with digital transformation and why they created Brex and Jeeves. They’ll talk about how they’re reinventing the space by creating a better customer experience with AI and share their insights on applying AI to the correct parts of each organization.

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