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The Co-Founders Vision Behind Everest: ERP Built for SaaS Businesses

Overview

 

This conversation explores the transformative potential of native AI in ERP systems, particularly for SaaS companies. Franz Faerber and Sandeep Chopra , co-founders of Everest, discuss their vision for a next-generation ERP solution that integrates AI from the ground up, addressing industry-specific challenges and why Everest is ERP reinvented and built for SaaS based businesses. They emphasize the importance of financial control, seamless integration between sales and finance, and the need for automation in complex processes. The discussion also touches on the future of Everest and the broader implications of AI in business.

 

Key Takeaways

 

  • The decision to start Everest was based on meeting the right people.

  • Native AI applications empower business users with capabilities previously reserved for developers.

  • SaaS companies face unique challenges that require tailored ERP solutions.

  • Financial control over cloud and AI costs is essential for SaaS businesses.

  • Integration between sales and finance is crucial for operational success.

  • Automating subscription upgrade processes can significantly enhance efficiency.

  • Many companies are willing to endure pain in their processes due to legacy systems.

  • The market is ready to transition from existing ERP systems to new solutions.

  • All software companies will eventually need to integrate AI into their operations.

  • Successful AI integration requires bringing employees along in the transition.

 

Key Sound Bites

"Integration of sales and finance is always a problem."

"The market is ready to replace existing ERP systems."

"All software companies will become AI companies."

 

Chapters

00:00  Introduction to Native AI in ERP

02:34  The Birth of Everest and Its Vision

05:01  Transforming ERP with Native AI

07:29  Addressing Subscription Billing Challenges

09:40  Managing Cloud and AI Costs

10:32  Integrating Operational and Financial Insights

13:11  Automating Complex Processes

15:39  Customer Insights and Market Readiness

16:57  Future Directions for Everest

18:49  Advice for CFOs and CEOs on AI Integration

 

The future of ERP is here, and it’s #Native AIERP.   Let’s build it together.

 

Cameron Ackbury, CPA

Advisor to the Office of the CFO

cameron@everest-erp.com

+1 650-223-4557

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