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Better

0 statements across 0 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Nov 29, 2023 by Howard Katzenberg · across every show →

Everything said about Better, oldest first

Nov 29, 2023
Assertion Not checkable as stated
Better identified $1.5M in savings on $15M of annual vendor spend
“The last time we did it was in 2019 and, at Better, the run rate on vendor spend at the time was about fifteen million dollars annually. And we've identified 1.5 million of savings.”
Howard Katzenberg Nov 29, 2023 ▶ 2:27 How Glean AI Slashes Vendor Costs: CEO Howard Katzenberg on AI Accounting
Nov 29, 2023
Assertion Not checkable as stated
Katzenberg: 99 out of 100 vendor bills were approved automatically at Better
“And when I actually analyzed what our approval rate was at Better, 99 out of a hundred bills were getting approved.”
Howard Katzenberg Nov 29, 2023 ▶ 3:56 How Glean AI Slashes Vendor Costs: CEO Howard Katzenberg on AI Accounting
Nov 29, 2023
Assertion Not checkable as stated
Katzenberg: Manual vendor spend audits consistently yielded about 10% savings
“Inevitably, we'd find errors, we'd find consolidation opportunities, we'd play bad guy negotiations, but we'd find about 10% of savings opportunities each time we conducted this exercise.”
Howard Katzenberg Nov 29, 2023 ▶ 2:12 How Glean AI Slashes Vendor Costs: CEO Howard Katzenberg on AI Accounting
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