Zaggle : Offering Multi product SaaS FinTech Solutions Under a Single Roof

 Avinash Ramesh Godkhindi,  MD & CEOWith attrition rates at an all time high across industries, companies are heavily investing in employee engagement & retention programs in recent times. Thus, keeping a track of all the involved in the process is very much essential for a company. As a result, employee expense management solutions are in great demand today. While there are a multitude of companies operating in this market, one company that has managed to standout among the crowd through sheer excellence is Zaggle.

Headquartered in Hyderabad, Zaggle is a nextgen SaaS FinTech solutions company that is enabling businesses to streamline their day-to-day financial functions by offering innovative solutions that completely automate entire workflow of an organization, thus helping it keep track of all its expenses in an orderly manner. Founded in 2011 by Raj P Narayanam (Executive Chairman, Zaggle), the company has created a niche for itself in the industry by leveraging cutting-edge technologies such as Cloud, AI, ML, and OCR to offer a hassle-free experience to its customers.

“We operate in a segment where we interact and interface with our customers (businesses) & end users (employees) and are amongst a small number of uniquely positioned players with a diversified offering of SaaS and FinTech products. Having one of the largest number of issued prepaid cards in India in partnership with our banking
partners, we have a diversified portfolio of software as a service, including Employee Flexi Benefits and Rewards and Recognition and a wide touchpoint reach”, explains Avinash Ramesh Godkhindi, MD & CEO, Zaggle.

Operating on a SaaS model, Zaggle offers three products Save, Propel and Zoyer. While ‘Save’ facilitates expense management and digitized employee reimbursements, ‘Propel’ is an all in one solution for employee rewards, and channel partner incentives. Additionally, ‘Zoyer’ is a data-driven business expense management platform that leverages embedded automated financial capabilities in core invoice to pay work flows.

Zaggle is among the handful of companies that are able to offer multiproduct SaaS and FinTech solutions under a single roof

“We are placed at the intersection of the SaaS and FinTech ecosystems, and our SaaS platform is designed for business spend management (including expense management and vendor management)rewards & incentives management for employees and channel partners and a gift card management for merchants, which we refer to as customer engagement management system (CEMS)”, adds Avinash.

Known as one of the most prominent players in the employee expense management segment, Zaggle is among the handful of companies that are able to offer multiproduct solutions under a single roof. Additionally, the company also holds a strong presence in the gift card & incentive vertical, and its key offerings under this segment including Gift Card Closed Loop Programs.

Owing to such exquisite offerings and fine practices, Zaggle boasts of an elite clientele that includes Tata Steel, Wockhardt, Pitney Bowes, AON, Inox and PCBL (RP – Sanjiv Goenka Group), to name few. The company is working closely with many multinational banks and financial institutions such as IndusInd, RBL, NSDL Payments Bank and YES Bank and RuPay, VISA and MasterCard. Currently having over 1,750 active clients, 12,000+ merchants and over 1.7 million active users, Zaggle is no doubt on a voyage to create massive strides in the expense management and SaaS FinTech space.

“Going forward, we will continue to innovate and launch new products and use cases by leveraging strategic partnerships with BFSIs and merchants. Additionally, we aim to expand our portfolio of corporate & SMB accounts and enhance our user penetration & cross-selling within our existing customer base”, concludes Avinash.