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Archive for Merger, Acquisition, Funding

ReadSoft to open office in Johannesburg

ReadSoft is starting up an office in Johannesburg, South Africa. This isn’t the first time the enterprise is expanding its scope, because ReadSoft has operations on six continents and in seventeen countries. The new subsidiary will operate under and report into the region EMEA

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Ariba and Genpact deepen their relationship

The full suite of Ariba’s cloud-based collaborative business commerce solutions is now encompassed into Genpact’s source-to-pay offering. The Ariba-Genpact combination enables medium to large companies to improve their visibility into the procurement process and save more costs

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SAP and ARIBA integration visualised [infographic]

May 30, 2012  |  Merger, Acquisition, Funding

The first image shows how SAP and Ariba relate to each other. The second images shows what happens when Ariba’s Network and SAP’s Application Expertise are combined

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Billtrust and OB10 enter into a contract

To offer B2B billers a solution for easily and cost-effectively connecting to the OB10 network. Billtrust customers can seamlessly deliver their invoices directly to the OB10 network, enabling them to satisfy their customers' desire to receive e-invoices directly into their financial system

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FYI: 10 pieces of US e-billing news

Wow, at lot is happening in the United States of e-billing. The subjects range from the introduction of a new e-billing service for law firms to PayPal’s first steps in Japan to the arrest of a woman who committed credit card fraud. Just take it all in and use it to your advantage

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Introducing Palette’s new customers

Some providers struggle to find new customers. But Palette surely doesn’t. The last five months alone at least ten new customers decided to head over to Palette. Customers include: Jaguar Land Rover Stockholm, Carl Hansen, SOS Alarm and Primera

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SAP buys Ariba: a bird’s-eye view of the buzz so far

May 24, 2012  |  Merger, Acquisition, Funding

Eat and get eaten. Soon after Ariba bought B-process, Ariba itself became a prey for SAP. The same SAP that earlier had also taken over Crossgate. Yep, SAP is swiftly becoming a real giant in the field of information exchange. And they’d better if they are willing to spend a massive 4,3 billion dollar

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AP Automation News: Proactis strikes deal | International Companies joins Esker | SciQuest introduces AP solution

PROACTIS eProcurement supports cancer research to cut costs & increase efficiencies | International Companies reduces invoicing costs with Esker on Demand Automation | SciQuest enters market with an enhanced accounts payable solution

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(E-invoicing by) Accounting Plaza acquired by Genpact

And the latest acquisition is a fact. BPO specialist Accounting Plaza is acquired by Genpact. Including the E-invoicing by Accounting Plaza services. Genpact is the former BPO division of General Electric. The acquisition was announced yesterday. Financial details were not disclosed

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Readsoft buys Foxray. Increasing its AP Automation position. 11 facts

We all know ReadSoft. And didn’t we all thought they are actually are one of leaders (compare to a lot of us that claim this title) in Document and AP automation? Well clearly not. Because today they announced the acquisition of Foxray AG. 11 facts you need to know

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