Banking News

PairSoft Acquires APRO, Expanding Enterprise Financial Automation and Global Scale

PairSoft Acquires APRO, Expanding Enterprise Financial Automation and Global Scale

The combination creates a global P2P, Order-to-Cash, and bank integration platform serving 1,700+ organizations across a diverse set of ERP systems. With APRO’s banking system integrations spanning over 180 countries, PairSoft builds a global scale and accelerates its financial automation AI.

PairSoft, a global leader in Procure-to-Pay software and technologies, announced its acquisition of APRO Software Solutions, a trailblazer in financial automation software tightly integrated with Oracle Financials platforms. The combination creates a global P2P, Order-to-Cash, and bank integration platform serving 1,700+ organizations across a diverse set of ERP systems. With APRO’s banking system integrations spanning over 180 countries, PairSoft builds global scale and accelerates its financial automation AI.

APRO has delivered innovative solutions for Oracle Financials users for 25 years, enabling enterprise organizations to automate high volumes of B2B payments and bank reconciliations. The APRO Banking Gateway and APRO Imaging products both lead the industry by offering unmatched bank connectivity and streamlined workflows for Accounts Payable, Accounts Receivable, and E-invoicing. By providing support for over 1,800 banking formats and capabilities for touchless invoice processing, APRO sets the standard for efficiency and convenience. Its leading financial automation software has attracted blue chip European and North American enterprises across industries, including financial services, logistics, and the public sector. APRO’s customers will benefit from PairSoft’s geographic and product breadth and domain expertise in procurement and electronic payments.

“We are delighted to integrate APRO and its enterprise offering into the overall PairSoft platform,” said PairSoft’s CEO Matt Cotter. “APRO’s thorough understanding of order-to-cash and banking systems deepens our commitment to automating critical financial processes for our customers, while offering new opportunities for our productivity-boosting and cost-saving technologies.”

Read More about Fintech : Gamification in Fintech: All About Customer Retention and Engagement

APRO founders Jacob van Diermen and Willem van Wijngaarden shared this enthusiasm to join forces with PairSoft. They remarked, “PairSoft complements our enterprise offering with robust analytics and deep ERP integration while expanding our worldwide presence. Together, we will build upon APRO’s legacy and bring even greater value to our customers.”

 Latest Fintech Insights :Fintech Trends 2024: How Can Enterprises Be Better Prepared?

 [To share your insights with us, please write to  pghosh@itechseries.com ] 

Related posts

GoBear Accelerates Its Transformation to Become Asia’s Leading Financial Services Platform With US$17M Fundraise

Fintech News Desk

Ppro Strengthens Presence In Indonesia As Kredivo, Indonesia’s ‘Buy Now Pay Later’ Giant, Joins Ppro’s Platform

Fintech News Desk

Huobi DeFi Labs Launches Global Alliance to Expand the Decentralized Financial Ecosystem with Cross-Border Collaboration

Fintech News Desk
1