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To provide the software tools that distributors need to compete more effectively in a disrupted, always-on, winner takes all business environment.
3% employee growth in 12 months
In spite of being early adopters of enterprise resource planning (ERP) software, and making up one of the key markets in which it’s used today, wholesale distributors have proven remarkably hesitant to take advantage of developments in ERP technology. Existing ERP software can be cumbersome, with much of it manually processed - Recurrency is looking to help the sector upgrade.
One of Recurrency’s key USPs is its use of AI to automate and streamline areas like sales, pricing, and purchasing, and its use of data to help wholesalers improve their business operations. This kind of data-driven digital transformation has seen remarkable success across other areas of industry, and seems a natural next-step enhancement for wholesalers if they can be tempted on board.
So Recurrency has played it smart by ensuring its software integrates with leading ERPs like those from Epicor, Oracle, and Microsoft. This may help it secure clients who may otherwise be hesitant to abandon their existing software entirely.
Kirsty
Company Specialist at Welcome to the Jungle
Sam Oshay
(CEO)Previously a researcher in the University of Chicago's economics department, who moved on to work as a quant strategist at Pantera Capital.