SAP buys Crossgate, adding 40.000 e-connections to the list

September 23, 2011  |  Adoption

SAP has bought Crossgate. Headquartered in Munich, Germany, Crossgate helps more than 40,000 companies to fully integrate and network with trading partners, clients and suppliers, allowing electronic data exchange with any business partner. Regardless of their technical capability.

Additionally, Crossgate’s e-invoicing services offer an innovative and secure solution covering the entire process of inbound and outbound invoices, including signatures, compliance monitoring, integrated with customers’ backend systems and finance processes.

As a result of this acquisition, SAP will enable networking at the enterprise level, providing an easy way for trading partners to collaborate, share data and automate processes that link customers and suppliers for streamlined B2B e-commerce.

The acquisition of Crossgate follows SAP’s strategy to complement existing applications and solutions with smart purchases that offer innovative technologies and capabilities while maintaining its successful organic growth track record.

Source: SAP

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