Esker
By Esker
Esker was founded in 1985 and has since grown into a leading provider of cloud-based document process automation solutions. Headquartered in Lyon, France, with its U.S. headquarters in Madison, Wisconsin, Esker operates globally with 15 worldwide locations. The company's primary focus is on automating order-to-cash (O2C) and procure-to-pay (P2P) cycles, helping businesses streamline their back-office operations
Esker was founded by Jean-Michel Bérard, who remains the company's CEO. The company's journey began with a simple vision of helping businesses send documents electronically. Over the past four decades, Esker has evolved into a global authority in AI-powered business solutions for the Office of the CFO
Esker is a publicly traded company listed on the Euronext Growth Paris stock exchange. As of 2023, the company reported revenue of €188.6 million, marking a 12.68% year-over-year growth. Interestingly, Esker has bootstrapped its growth, with no reported external funding rounds
Order-to-Cash (O2C) solutions:
Sales Order Processing
Accounts Receivable
Cash Application
Collections Management
Procure-to-Pay (P2P) solutions:
Procurement
Accounts Payable
Supplier Management
Document Delivery:
Fax Services
2015: TermSync (collections management) and CalvaEDI (Electronic Data Interchange)
2017: e-integration GmbH (strengthening EDI capabilities)
ESG-focused features in the Source-to-Pay platform to help businesses comply with environmental, social, and governance regulations.
AI and machine learning integration for deeper insights into customer behavior and process optimization.
Innovation: The company invests heavily in R&D, with 25% of its employees focused on this area.
Sustainability: Esker's products inherently promote sustainability by reducing paper usage and improving process efficiency.
Employee well-being: Esker has been ranked as a Great Place to Work® for workplace well-being.
The company has also developed a strong partner network to supplement its own resources in sales and consulting services. Significant partnerships include Fuji Xerox in the Asia-Pacific region, KPMG for the Netherlands, and Cegid in France.
