Candex

Candex is a fintech company specializing in B2B payments, aiming to simplify and streamline the process of engaging with and paying vendors. Their platform operates as a master vendor, eliminating the need for cumbersome setups and integrations with each individual supplier. This fosters faster engagement, collaboration, and payment exchange while ensuring compliance with regulations and security protocols. Candex boasts a global presence, with operations in over 50 countries, and a client base that includes Fortune 500 companies like Dell, Pfizer, and Roche.

Beyond its core payment processing, Candex champions a strong commitment to Environmental, Social, and Governance (ESG) principles. Their platform promotes sustainability by facilitating local sourcing and reducing unnecessary travel, while their internal culture prioritizes inclusivity and diversity. They also actively support their clients' ESG initiatives by streamlining supplier onboarding, promoting diversity programs, and facilitating ethical sourcing practices. Candex's dedication to ESG underscores their vision of a more responsible and sustainable future for the business world.

Candex aims to simplify the process of engaging, tracking, and paying for goods and services, specifically targeting "tail spend" transactions. They provide a digital platform that streamlines vendor onboarding, invoice management, and payments, enabling businesses to save time, reduce administrative overhead, and improve compliance. Their mission is to eliminate the complexities of traditional vendor relationships, fostering a faster, more efficient, and transparent ecosystem for both buyers and sellers.

Candex promotes a culture of openness, inclusivity, safety, and compliance. They value diversity, with their team representing gender, ethnic, racial, and geographic diversity across all levels, from individual contributors to executive leadership and the Board of Directors. They foster a safe and healthy work environment for all team members, regardless of background, and prioritize ethical business practices and compliance with internal policies and procedures.

Candex demonstrates its commitment to diversity, equity, and inclusion through its diverse workforce, inclusive culture, and support for diverse suppliers. The company actively promotes gender equity with over 40% of its employees being female, including 50% representation at the executive level. Candex also fosters a culture of openness and safety by bringing employees together annually, regardless of level or location. Through its platform, Candex facilitates opportunities for its clients to engage with small and diverse businesses, simplifying the onboarding process and providing transparency for both parties. This approach not only contributes to a more equitable marketplace but also aligns with Candex's commitment to responsible business practices and governance.