Who We Are, What We Do, and How it All Started!

Kelsey Kloezeman
13 Jan 2025

Welcome to the official Zaiko blog! We're excited to have you join us as we solve inventory problems for food retailers. Let us introduce you to Zaiko, explain the challenges we address, and tell the story of how we came to be.

What is Zaiko and Who is it for?

Zaiko is an AI-powered invoice scanning platform made to eliminate manual inventory data entry for  food retailers. Our mission is to reduce manual workloads, simplify inventory processes, and provide real-time insights to help businesses operate smoothly. Zaiko is designed for small to medium-sized food retailers seeking to save time on manual data entry and streamline inventory management. Whether you manage a single store or multiple locations, Zaiko integrates seamlessly with your existing systems, so there is no need to change your hardware or software!

Zaiko's Solution

We understand that managing inventory in the food retail industry involves manual data entry,  often leading to errors. Zaiko addresses this challenge by automating data extraction from delivery invoices and receipts thus providing centralized, real-time inventory data.

Zaiko offers:

  • AI Invoice Scanning: Upload CSV, XSLX, XLS, or PDF files or photos of your invoices, and Zaiko extracts the data in seconds.
  • Inventory Management Integration: Ability to  transfer extracted data into your existing inventory management, ERP, or POS systems.
  • Enables Real-Time Data Reports: Access inventory insights to optimize purchasing and stock levels.
The Zaiko Story: From Classrooms to Stockrooms

Zaiko’s journey began in a Washington University in St Louis entrepreneurship course designed to inspire and cultivate new business ideas. Franklin, one of Zaiko’s co-founders, presented the class with a bold concept: Sustain-a-Plate, an app aimed at combating food waste by creating recipes using close-to-expired foods. The idea was to help consumers buy, cook, and consume these items before they spoil. Food waste is a massive global challenge with serious environmental and economic consequences, and Franklin was determined to make an impact. It was then when Kelsey joined the team, eager to make a change!

While Sustain-a-Plate had noble intentions, it quickly became clear that the recipe app wasn’t resonating with potential users. Undeterred, we pivoted to a new idea: dynamic pricing. This concept involved discounting products based on their expiration dates—milk expiring in a week, for example, would be priced lower than milk with a longer shelf life. Our team spent the semester prospecting clients, engaging with industry experts, and testing our ideas to better understand the needs of food retailers.

We won first place in our classes own pitch competition, the Olin Cup!

Building on this momentum, the team enrolled in a continuation course the following semester, a more selective program designed to refine promising ventures. With a clearer sense of purpose, we dove deeper into customer discovery, spoke to more experts, and iterated on our concept. It was during these conversations that a bigger problem came into focus: many food retailers lacked the data infrastructure necessary to implement dynamic pricing effectively. This realization was pivotal. Retailers were struggling to manage the flood of invoices, deliveries, and inventory data they received daily.

Recognizing this challenge, the team pivoted again, this time to address the core of the issue—simplifying and streamlining inventory data management for food retailers. With this new direction, we participated in several competitions, including the Heartland Challenge, Poets & Quants Big Idea Bounce, and the Skandalaris Venture Competition. These experiences provided valuable feedback and validation, helping to shape what would ultimately become Zaiko.

We were selected to be one of the top 3 teams in WashU Olin's Big Idea Bounce powered by Poets and Quants!

After months of research, customer discovery meetings, and refining our solution, the team finally landed on the perfect idea: Zaiko. Today, Zaiko is revolutionizing direct store delivery inventory management for food retailers by providing AI-powered invoice scanning tools that extract, organize, and analyze data in real-time. From its origins in a classroom to its introduction into the market, Zaiko’s journey is a testament to the power of persistence, collaboration, and listening to the needs of customers.

What's Next?

This blog will be your go-to resource for updates, insights, and tips on maximizing your store using Zaiko. Stay tuned for how-to guides, industry news, and success stories from our users.

Have questions or topics you'd like us to cover? Let us know—we're here to help: info@get-zaiko.com

Thank you for joining us on this journey. We're excited to have you as part of the Zaiko community. Let us help you eliminate manual data entry tasks using our AI invoice scanning solution. Book a demo here: https://calendly.com/franklin-get-zaiko/30min !

- The Zaiko Team

Kelsey Kloezeman
13 Jan 2025

FAQs

Answers to popular questions you might have about Zaiko.

What does Zaiko do?

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Zaiko helps retailers increase profits by automating data entry for Direct Store Delivery (DSD) invoices. Our AI technology reduces errors, eliminates manual labor, and ensures real-time accuracy, allowing you to cut costs and uncover savings. It integrates with existing ERP, POS, and inventory management systems to enhance operational efficiency and boost profit!

Who is Zaiko for?

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Zaiko is ideal for small to medium-sized businesses, retail chains, and distribution centers that want to streamline their invoice and inventory processes. It’s perfect for teams seeking to reduce manual work, improve accuracy, and gain valuable operational insights.

How secure is my data on Zaiko?

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Security is a top priority for Zaiko. We use end-to-end encryption, industry-standard data protection protocols, and secure data centers to ensure your information is safe. Additionally, role-based access controls allow you to manage user permissions effectively within your team.

Can Zaiko integrate with existing tools?

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Yes, Zaiko integrates seamlessly with various existing systems, including ERP platforms, POS systems, and inventory management software. Our flexible integration options ensure that your workflow remains smooth and efficient, enhancing your current processes without disruption.

Is Zaiko easy to use if you’re not technical?

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Definitely! Zaiko is designed with a user-friendly interface that makes it easy for both technical and non-technical users. The platform allows you to upload invoices, manage inventory, and view insights without needing specialized technical knowledge.

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