Springtime Technologies, a Vienna, Austria-based accounts payable automation software company, received a strategic investment from Scottish Equity Partners.
The amount of the deal was not disclosed.
Led by Markus Hübl, Founder and CEO, Springtime offers its flagship software product, Invoicetrack, that streamlines finance and operations workflows through automated data extraction and ingestion capabilities, an AI-powered matching engine, and country-specific processing expertise which has been embedded in the solution. These capabilities enable customers to process invoices across more than 70 countries.
Its customer base includes Boehringer Ingelheim, Essity, Festo, and Evonik. The company has achieved profitable growth since inception, and now employs over 190 people.
FinSMEs
27/11/2024