xSuite Group expands SAP solution portfolio through acquisition of tangro
xSuite Group, a globally leading software provider in the field of Accounts Payable Invoice Automation (APIA), acquires tangro, a specialist in Inbound Document Management Software based in Heidelberg, Germany. The acquisition is subject to approval by the regulatory authorities.
For the strategic development of both companies, the acquisition marks an important milestone as their combined position as a leading provider in business process automation focusing on the SAP ecosystem will be strengthened. The acquisition enables xSuite to expand its range of offerings in the Order-to-Cash area and enhance its expertise in Purchase-to-Pay processes. This will provide the global customer base of both companies with access to an even more powerful product portfolio in the future.
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