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850 Nominal Raises $9.2M to Automate Accounting Workflows with Generative AI and Modernize ERP

AlleyWatch
AlleyWatch @ AlleyWatch 2 place · 03/27/2024 08:57 EDT

Enterprise resource planning (ERP) systems are the heartbeat of many companies that centralize the core business processes across an organization, handling various functions like finance HR, supply chain, inventory, service, procurement, etc.   However, the legacy ERPs, which were mostly designed in the early 2000s, are beginning to show signs of age and are unable to keep up with the complex demands of today’s businesses.  Nominal seeks to modernize the ERP system with its platform that uses generative AI.

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