| | 9TRAVEL AND HOSPITALITY TECH OUTLOOKDECEMBER - FEBRUARYprovides real-time information across the lifecycle of the purchase order. Another LOVC portfolio that fits this theme is Mosaic. Mosaic is an AI/ and ML driven vertical resource planning application for managing work, tracking budgets, and assessing individual and company performance. Humans are generally poor at estimating time needed to complete tasks. Project planning software has been historically limited to certain departments responsible for resource allocation, and cross-department planning and individual time management is generally done by manual methods such as excel spreadsheets and time cards. By using software to accurately capture time and assign tasks, Mosaic's platform can improve total billable hours by 3% percent or more without changing behaviors - resulting in profit improvement up to 50%. percent. This huge customer ROI makes Mosaic a near-mandatory purchase for firms as they look to modernize their operations and improve employee efficiency without needing to increase overhead workload. User Interviews, an LOVC portfolio that recently raised a $27.5M Series B, also supplants excel in a seamless and productive way. User Interviews has developed a large and growing panel of users, who they recruit, cultivate, maintain and pay as "surveyed users," for major brands, product and tech companies. Similar in function to a carefully selected focus group, this user base creates a simple and fast way for product managers and user experience teams to gather user experience and feedback on a new product, design, interface, etc. from a group of users that have been individually selected for this specific project. Previously, user experience teams had the cumbersome job of finding survey users and would stitch together apps and spreadsheets to understand this feedback. Now, through User user Interviewsinterviews, companies can gain insightful user feedback in a timely and efficient manner, while maintaining a consistent panel across the variety of user testing tools they may utilize. Spreadsheet is the primordial tool of personal computing and still is ubiquitous in many industries. There are countless opportunities to replace and improve these systems for data management. If you are an entrepreneur working on such a solution, we would love to hear how you are doing so and support however possible. With investments across industries in business intelligence, data visualization, and financial tools, the firm has developed a deep understanding of the usefulness of creating easily accessible data in optimizing key business decisions
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