Scoro Acquires Envoice to Bring Real-Time Cost Visibility to Project Work
Scoro has acquired Envoice and is bringing AI-driven bill and expense management closer to project operations. Envoice will continue as a standalone product while integrating with Scoro's professional services automation software. The goal is simple: accurate cost data, captured once, visible instantly.
The integration is in closed beta. Envoice says it will keep serving existing customers on the same terms, with faster product development under the Scoro Group.
Why this matters for leaders in services and product delivery
- Real-time margins: No more waiting until month-end to see project profitability.
- Less admin: Reduce receipt-chasing, manual entry, approval routing, and cleanup.
- Fewer blind spots: Cost data feeds Scoro's automation and AI for earlier warnings and more relevant recommendations.
- Single source of truth: Projects, resources, time, and external costs live in one connected flow.
What's changing-and what isn't
- Envoice remains an independent product and brand.
- Used together, Envoice pushes external cost data into Scoro to keep margins current.
- Scoro's application of AI extends across the project lifecycle with live cost inputs.
- Integration is in closed beta; broader rollout timing to follow.
How this helps your operation right now
If your teams run projects in one tool and track expenses in another, you know the lag. Leaders often learn true margins only after month-end. This pairing removes that delay by streamlining capture and approvals, then surfacing costs directly in the same place you plan work and track time.
Result: faster pricing decisions, tighter resourcing, and early detection of margin risk-without extra spreadsheets.
Action plan for Management and Product teams
- Shortlist pilots: Choose 2-3 projects with heavy pass-through costs or variable staffing.
- Map cost categories: Align Envoice categories to your Scoro project structures and reporting.
- Tighten approvals: Define who approves what, at which thresholds, and expected SLA.
- Set KPIs: Track margin visibility latency (days to actuals), time saved on admin, and variance between forecast vs. actual margin.
- Data governance: Decide ownership for vendor bills, audit trails, and retention policies.
- Change management: Train PMs and accountants on the new flow; document exceptions (e.g., out-of-policy spend).
- Vendor questions: Beta timeline, roadmap priorities, API coverage, and how recommendations are generated and explained.
Context
Scoro previously raised $16.4M in Series B funding (2021) after a $5.2M Series A (2018), supporting international expansion and productivity-focused features for professional services firms.
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