Esker and Cegid Announce Accounts Payable Strategic Partnership

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Esker, along with Cegid, today announced a technological partnership agreement. In order to provide its customers with even better service, Cegid wanted to give them the opportunity to fully automate their supplier invoicing management processes. The integration with Esker provides all the functions necessary for reliable and efficient processing of supplier invoices. This OEM alliance brings together the expertise of two software leaders in their respective fields.

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"This agreement is an integral part of our strategy to share our expertise and incorporate our technologies into other vendors' solutions in order to enrich their offerings."

Esker, a worldwide leader in AI-driven process automation solutions and pioneer in cloud computing, along with Cegid, a specialist in management solutions for accounting expertise, tax, payroll and human resources, ERP and retail, today announced a technological partnership agreement.

In order to provide its customers with even better service, Cegid wanted to give them the opportunity to fully automate their supplier invoicing management processes. The integration with Esker provides all the functions necessary for reliable and efficient processing of supplier invoices. Esker's AI engine, which combines intelligent data extraction tools like machine learning and deep learning, enables each invoice to be digitized, ensuring data consistency and integrity, and then made available directly in Cegid XRP Flex.

This OEM alliance brings together the expertise of two software leaders in their respective fields. Cegid provides the guarantee of a functionally rich ERP offering for rapid deployment and Esker the technological guarantee of its data extraction engines. This integration is intended to be totally transparent and perfectly fluid in terms of usability with Cegid XRP Flex.

After a conclusive test phase and some initial work with a customer in the telecom industry, this offer is now available through the Cegid reseller network in France and French-speaking African countries.

"This agreement is an integral part of our strategy to share our expertise and incorporate our technologies into other vendors' solutions in order to enrich their offerings," said Eric Thomas, Vice President International Business Development at Esker. "Thanks to this integration, we can reach the SME market — the core target market for the Cegid XRP Flex offer. It's a win-win relationship."

“We are delighted to have Esker on our side with this new functional component offered to our customers in the Cegid XRP Flex Marketplace." said Laurent Leenhardt, Executive Director ERP Market at Cegid. "To enhance our product in a simple, connected and secure way, we are partnering with recognized industry experts. Esker is a referral partner in this future ecosystem, which we are building to be as close as possible to our customers' needs. We enable our network of distributors to better target their market with a richer offering and advanced technologies to help them achieve their growth plans.”

About Cegid

Cegid is a key player in management solutions for businesses and professionals in the fields of Accounting, Taxation, Payroll and Human Resources, ERP, and Retail. With its track record as a leader in SaaS management solutions, Cegid supports customers throughout their digitization processes. Cegid combines a forward-looking vision of businesses and professions with its mastery of new technologies, to offer innovative and effective solutions. With exceptional knowledge of all regulatory systems, Cegid is able to provide ongoing long-term support to its clients. In a rapidly evolving world, Cegid creates opportunities and increases added value for customers in all business areas.

Cegid has 3,000 employees and markets its solutions in 75 countries. The company had a turnover of €480 million in 2019. Pascal Houillon has been Cegid's CEO since March 2017. For more information, visit http://www.cegid.com/.

About Esker

Esker is a worldwide leader in AI-driven process automation software, helping financial and customer service departments digitally transform their procure-to-pay (P2P) and order-to-cash (O2C) cycles. Used by more than 6,000 companies worldwide, Esker’s solutions incorporate technologies like artificial intelligence (AI) to drive increased productivity, enhanced visibility, reduced fraud risk, and improved collaboration with customers, suppliers and internally. Esker operates in North America, Latin America, Europe and Asia Pacific with global headquarters in Lyon, France, and U.S. headquarters in Madison, Wisconsin. For more information on Esker and its solutions, visit http://www.esker.com. Follow Esker on Twitter @EskerInc and join the conversation on the Esker blog at blog.esker.com.

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Brittany McLaughlin
Esker
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