Esker
Esker is a global leader in document process automation solutions, specializing in the automation of various business processes including accounts payable, accounts receivable, sales order processing, and procurement. The company offers cloud computing solutions that facilitate the efficient reception, processing, and transmission of business documents through a unified platform. With a customer base exceeding 80,000 across North America, Europe, and Asia Pacific, Esker aims to reduce paper usage, eliminate manual processes, and enhance productivity and efficiency, while also addressing environmental concerns. Its services are grouped into three primary areas: the Customer Cycle, which encompasses customer orders, invoices, and relationship management; the Supplier Cycle, focusing on purchase orders and supplier invoices; and Document Dissemination, which includes courier and fax services. Esker is headquartered in Lyon, France, with a U.S. office located in Madison, Wisconsin.
TermSync
Acquisition in 2015
TermSync is an accounts receivable automation platform based in Madison, Wisconsin. The company specializes in managing payment term relationships, currently overseeing over 2,000 such relationships between clients and their customers, with a notable performance of over 99% of payments made on or before the due date. TermSync's offerings include a range of receivable software solutions, featuring services like payment plans, payment options, payment assurance, early pay discounts, and a streamlined credit application process. These tools aim to enhance efficiency in managing receivables and improving cash flow for businesses.
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