Welcome Jochen Werner: new Chief Revenue Officer

Jochen brings more than 10 years of experience in Source-to-Pay. As VP EMEA at a leading supplier in the S2P domain, he led the European expansion of a Generative AI-powered procurement platform. Prior to that, he built an impressive track record at Coupa Software over six years, where he helped organisations realise their procurement transformations in senior sales roles.

His expertise spans the entire chain from consulting and sales to implementation, built up during his career at renowned organisations such as PROS, IBM, Sterling Commerce and Hyperion. This broad experience gives him unique insights into what organisations actually need to transform their financial processes.

"The world of Business Spend Management is on the cusp of a new phase," says Jochen Werner. "Organisations are no longer looking for separate tools, but for integrated platforms that create real value for finance and procurement. At ISPnext, I see the perfect combination of proven technology, innovative AI applications and a pragmatic approach that really works for European organisations."

Jochen deliberately chose ISPnext because of the company's unique position. "After years of working with international organisations, ISPnext's local expertise combined with world-class technology really appealed to me. Their nextAI platform shows that real innovation doesn't always have to come from the big players. Here, I can help organisations with solutions that actually fit their specific challenges."

With Jochen joining the team, ISPnext is significantly strengthening its position in the DACH region and the wider European market. As Chief Revenue Officer, he leads the commercial strategy. His network and market knowledge open up new opportunities to support organisations in their digital transformation of finance and procurement processes. "My goal is to build ISPnext into the preferred partner for Business Spend Management in Europe," says Jochen. "We are going to show organisations what is possible when you combine the right technology with real market knowledge."

For more than 25 years, we have been supporting organisations in structuring and strengthening their financial and procurement processes. Our Source-to-Pay approach helps them achieve control, overview and continuity in the management of their expenditure. 

Our Business Spend Management platform offers an integrated solution for the entire Source-to-Pay process. From Vendor Management and Sourcing to Contract Management, Procurement, AP Automation and Spend Analytics: everything comes together in one intelligent platform that integrates seamlessly with existing ERP systems such as SAP, Infor and Microsoft Dynamics 365 and is fully supported by nextAI.

What sets ISPnext apart is nextAI, our proprietary AI platform that brings intelligence to the core of all processes. We recently launched AI functionalities that are revolutionising invoice processing: 

Within AP Automation, nextAI ensures virtually error-free recognition and processing of invoice data from PDFs and scans, regardless of language or layout. This is crucial now that e-invoicing is not yet mandatory everywhere and PDF documents therefore remain relevant. The technology has reduced the error margin to just 2%, resulting in a productivity increase of 20% to 30%. 

The AI functionalities are rapidly expanding to contracts, quotations and KPI dashboards, eliminating manual steps and enabling organisations to make better decisions faster. 

Data security is paramount: nextAI has been developed entirely in-house, which means that all data remains within our platform and is never shared with third parties.

With Jochen Werner on board, the continued development of nextAI and our ongoing focus on innovation, ISPnext is taking the next step in the future of Business Spend Management. Together, we help organisations make their processes agile, keep risks manageable and increase their financial strength. 

For organisations that want to take their Source-to-Pay process to the next level, the combination of Jochen's market expertise and ISPnext's proven platform offers new opportunities to realise real value.