Empronc

Mumbai, India Founded: 2004 • Age: 22 yrs
Enterprise spend processes are managed via Emproncs BAZ solution.
Annual revenue $524,976 Latest available
Total funding - 1 rounds
Employees 55 Tracked headcount
Investors 1 Known backers
Products 9 Services tracked
Competitors 11 Brand Intelligence

About Empronc

Empronc is a company based in Mumbai (India) founded in 2004. The company has 55 employees as of April 05, 2024. Empronc offers products and services including Accounts Payable Software, Procurement Management Software, Budget Management Software, Purchase Order Software, and E-Procurement Software. Empronc operates in a competitive market with competitors including Workday, Visma, Deltek, Infor and SAP, among others.

  • Headquarter Mumbai, India
  • Employees 55 as on 05 Apr, 2024
  • Sectors
    Technology
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  • Legal Name Empronc Solutions Private Limited
  • Date of Incorporation 06 Jul, 2004
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $524.98 K (USD)
    25.8
    as on Mar 31, 2023
  • Net Profit
    $3.99 K (USD)
    -72.39
    as on Mar 31, 2023
  • EBITDA
    $175.58 K (USD)
    8.39
    as on Mar 31, 2023
  • Latest Funding Round
    $88.63 K (USD), Debt – Conventional

    Aug 29, 2020

  • Investors
  • Employee Count
    55

    as on Apr 05, 2024

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Products & Services of Empronc

Empronc offers a comprehensive portfolio of products and services, including Accounts Payable Software, Procurement Management Software, Budget Management Software, Purchase Order Software, and E-Procurement Software.

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Automates accounts payable processes to reduce errors and improve efficiency.

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Manages procurement workflows for better vendor and cost control.

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Enables real-time budget tracking and cost analysis for enterprises.

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Streamlines purchase orders to enhance transaction visibility.

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Facilitates electronic procurement for faster and standardized processes.

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Monitors overall spend to prevent fraud and ensure compliance.

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Handles expense tracking and reporting for better financial governance.

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Manages travel-related expenses with automation and policy enforcement.

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Processes invoices digitally for quick approval and payment.

Funding Insights of Empronc

Investors in Empronc

Empronc has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Bazspace.

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Investor details for Empronc

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Investments & Acquisitions by Empronc

Investments
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Investment portfolio details for Empronc

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Financial Statements - Empronc

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Detailed financials for Empronc

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Empronc Comparisons

Empronc Primary company
Description
Enterprise spend processes are managed via Empronc's BAZ sol...
Location
Mumbai, India
Founded Year
2004
Annual Revenue
$524.98 K (USD)
Net Profit
$3.99 K (USD)
EBITDA
$175.58 K (USD)
Employees
55
As of 2024
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Peer comparison for Empronc

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Competitors of Empronc

Empronc operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Workday, Visma, Deltek, Infor and SAP, among others.

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Cloud-based HR and financial software is delivered to enterprises.
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Cloud-based ERP software is provided for business management across segments.
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Cloud-based ERP software is provided for project-driven organizations.
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Cloud-based ERP software is offered for multiple industries.
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Cloud and AI-based ERP software is offered for enterprises.
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Cloud-based ERP software is delivered for multiple industries.
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Detailed competitors of Empronc

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Latest news on Empronc

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Complete news archive for Empronc

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Frequently Asked Questions about Empronc

Empronc was founded in 2004 and raised its 1st funding round 16 years after it was founded.

Empronc is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

As of Apr 05, 2024, the latest employee count at Empronc is 55.

Annual revenue of Empronc is $524.98K as on Mar 31, 2023.

Empronc Solutions was founded in 2004 in Mumbai, India, focusing on enterprise software for spend management. BAZ is offered as a solution that handles operations, compliance, and workflows in finance and procurement. It supports budget control, productivity measurement, vendor and catalog management, utilities oversight, and MIS reporting. The tool operates standalone or integrates with ERP systems and is deployed on-premise or in the cloud.

Empronc's top competitors include Workday, Visma and Deltek.

Empronc offers Accounts Payable Software, Procurement Management Software, Budget Management Software, Purchase Order Software, and 5 more products and services.

Empronc has 1 investor. Key investors include Bazspace.

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