icono-labs

Name

icono-labs

Legal name

Icono-Labs

Website

https://icono-labs.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Procure-to-Pay Software Implementation Services

NAICS

Business Service Centers (56143)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Management Services (8741)

akta.pro industry

PRIMARYHDAEAEAA

Core ERP Suites (Financials, Procurement, Projects)

Hardware, Technology & Telecom/Enterprise Platforms & Databases/Enterprise Resource Planning (ERP) Platforms

SECONDARYHDAEAHAG

iBPMS (Intelligent BPM Suites) & Process Automation Suites

Hardware, Technology & Telecom/Enterprise Platforms & Databases/Business Process Management (BPM), Workflow & Automation Platforms

SECONDARYHDAEAHAB

Robotic Process Automation (RPA) Platforms

Hardware, Technology & Telecom/Enterprise Platforms & Databases/Business Process Management (BPM), Workflow & Automation Platforms

SECONDARYBPAAAGAA

Accounts Payable (Invoice Processing, 2/3-Way Match, Vendor Payments)

Business & Public Services/Administrative & Support Services (BPO, Call Centers, Back Office)/Finance & Accounting Outsourcing (AP/AR, GL, Billing)

Keywords

• Procure-to-pay implementation
• Coupa consulting services
• AP invoice automation
• Rossum integration services
• ERP integration consulting

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Professional Services - Implementation: Fixed-fee engagements for Coupa P2P implementation, including sandbox-to-go-live deployment, system configuration, and post-go-live hypercare support. Pricing starts at $30,000 for P2P standalone with additional modules scaling the cost.
2. Managed Services - Invoice Processing: Ongoing managed AP invoice processing using Rossum and Coupa Invoice Smash. Also includes Coupa administration, system optimization, and Slack/Teams integrated support. Operates at 6,000 invoices per person per month with under 1% customer churn.
3. Advisory Services: Strategic advisory and consulting including Coupa configuration review, AP/procurement process redesign, change management, and user adoption strategy.
4. Contractor Staffing: Hiring of contract and contract-to-hire professionals, including Senior P2P Systems Consultants and CLM Implementation Consultants through their hiring portal.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Icono-Labs is a professional services firm that implements and supports Procure-to-Pay (P2P) software solutions for businesses. The company specializes in deploying and optimizing Coupa P2P and Rossum AI-powered invoice capture, with services spanning digital transformation implementation, managed AP invoice processing, and systems/process advisory. The firm also integrates Coupa with NetSuite ERP environments and delivers ongoing support through Slack and Microsoft Teams.

Product overview

Icono-Labs is a consulting and implementation firm specializing in Procure to Pay (P2P) software solutions, built by ex-operators with direct experience running Coupa and AP at companies like Peloton and Keplr Vision. The company's portfolio centers on two core platforms: Coupa P2P (for procure-to-pay workflows including procurement, invoicing, and payments) and Rossum AI-Powered Invoice Capture (for automated invoice data extraction). These integrate with NetSuite ERP and deliver support via Slack and Microsoft Teams. The offering combines Digital Transformation implementation services, Managed Services for ongoing administration, and Systems & Process Advisory for optimization. The managed services practice processes approximately 6,000 invoices per person per month with under 1% customer churn across 180+ engagements. Pricing for standalone P2P implementation starts at $30,000 with fixed-fee engagements and no change orders.

Differentiator

Problem solved

Functional benefit

Products and services

• Coupa P2P Implementation
• Rossum AI-Powered Invoice Capture
• Managed Services
• Systems & Process Advisory
• Digital Transformation
• CLM Implementation Consultant

Quantifiable outcome

• 6,000 invoices processed per person per month
• +3 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability4 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• RossumcoreTechnology or IntegrationIcono-Labs is a Rossum-enabled implementation partner with a team of Rossum practitioners who configure intelligent, template-free invoice capture. The company has built proprietary AI enhancements on top of the standard Rossum platform beyond the standard Coupa integration. Their AP managed services practice uses Rossum daily, averaging 6,000 invoices processed per person per month.
• CoupacoreTechnology or IntegrationIcono-Labs specializes in Coupa P2P implementation and optimization as a certified implementation team. They have in-house experience running Coupa at companies including Peloton and Keplr Vision. Services include sandbox-to-go-live implementation, pre-configured environments, and ongoing administration.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Slalom Consulting: Slalom is a mid-sized global consulting firm with established Coupa and P2P transformation practices serving enterprise and mid-market clients. Directly comparable as a Coupa-focused systems integrator competing for the same P2P implementation and managed services deals as Icono-Labs.
• Implement Consulting Group: Implement is a Scandinavian-origin boutique consultancy with deep P2P and Coupa implementation practices. Comparable as a specialist SI targeting operational improvements in procurement and AP, with a similar boutique operating model.
• Protiviti: Protiviti is a global consulting firm with a strong finance transformation and ERP implementation practice. Comparable as a competitor in the enterprise P2P/AP implementation space with comparable target buyers and delivery model, though with a broader portfolio.
• Armanino: Armanino is a Top-20 US accounting and consulting firm with deep NetSuite, Coupa, and finance transformation practices. Comparable as a competitor in mid-market ERP and P2P implementation work, with overlapping buyer profiles.
• RSM US: RSM US is a leading mid-market professional services firm with a strong NetSuite and ERP implementation practice. Comparable as a competitor in mid-market ERP and AP automation implementations, with similar client size focus.

Broad incumbents

• Accenture: Accenture is a global system integrator with large-scale Coupa, SAP Ariba, and Oracle Procurement practices serving Fortune 500 buyers. Comparable as a competing implementation vendor in the same P2P category, but operating at much larger scale and across many adjacent transformation areas.
• Deloitte: Deloitte is a Big-4 advisory firm with large Coupa, SAP Ariba, and Oracle P2P implementation practices serving global enterprises. Comparable as a broad incumbent that competes for the same enterprise P2P transformation RFPs, with the scale to absorb complex multi-workstream programs.

Emerging players

• HighRadius: HighRadius is an AI-native order-to-cash, treasury, and AP automation SaaS platform increasingly competing with Coupa/Rossum in the AP space. Comparable as an adjacent technology that may pull AP automation spend away from the Coupa + Rossum stack Icono-Labs is built around.
• Vic.ai: Vic.ai is an AI-native autonomous AP platform competing directly with Rossum and Coupa Invoice Smash. Comparable as a technology peer whose adoption could erode the Rossum-based differentiation Icono-Labs relies on, while also representing a potential pivoted implementation offering.
• BlackLine: BlackLine is a financial close and accounting automation platform that has expanded into AP and invoice automation. Comparable as a competing platform in the broader finance automation space where Icono-Labs' clients spend their transformation budgets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/icono-labs

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about icono-labs