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Pairsoft Acquires Webiplex

Jul 21, 2021•about 4 years ago

Acquiring Company

PairSoft

Acquired Company

PairSoft

Description

PairSoft, a leading procure-to-pay platform for mid-market and enterprise businesses, today announced its acquisition of Webiplex, an automated business process and document management solution. This acquisition will further round out PairSoft's offerings by extending deeper AP automation and document management functionalities to NetSuite's ERP users.

Company Information

Company

PairSoft

About

PairSoft is the strongest procure-to-pay platform for mid-market and enterprise businesses. From internal and PunchOut catalogs to workflow automation, intuitive OCR, and search and query features, PairSoft helps AP teams and Finance leaders manage company financials effortlessly. PairSoft also integrates directly with ERPs like Microsoft Dynamics, Blackbaud, NetSuite and Sage Intacct to create a seamless user experience.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed