Company profile: Webexpenses
1.1 - Company Overview
Company description
- Provider of cloud-based financial management software, including expense management, invoice processing, accounts payable, core HR for employee data and compliance, and travel-related carbon footprint tracking using government standards. Solutions automate tracking, approvals, reconciliations and reporting, accessible via mobile and desktop.
Products and services
- Accounts Payable: A cloud-based system that manages business payments, reconciliations, and reimbursements to simplify and accelerate administrative tasks
- Expense Management: A cloud-based system that automates employee expense tracking, reconciliation, and reporting, accessible via mobile app or desktop
- Invoice Processing: A cloud-based tool that automates invoice management, including processing, approvals, and tracking, to streamline financial workflows
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Webexpenses
Indy
HQ: France
Website
- Description: Provider of end-to-end, AI-powered accounting software for freelancers, professionals, and liberal professions. Its accounting robot automates accounting management, recovers bank entries to turn them into accounting lines, and sends tax returns.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Business.com
HQ: United States
Website
- Description: Provider of advice, services, and tools needed by small businesses to succeed; relied on by hundreds of thousands of SMBs to acquire the knowledge, products, and services they need to run and grow their businesses.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Business.com company profile →
Billogram
HQ: Sweden
Website
- Description: Provider of a smart invoicing and payments platform for companies with recurring payments, offering an interactive web invoice, automated customer management, multiple payment methods (One-Click Pay, Swish, Autogiro, E-invoice), reminder and collection management, API integration, and distribution via email, SMS and mail to lower costs, increase revenue, and reduce churn.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Billogram company profile →
Sourcery
HQ: United States
Website
- Description: Provider of a payments and commerce platform for the wholesale foodservice industry, digitizing catalogs, orders, invoices, and payments. Offers AP/AR automation integrated with accounting and restaurant management software, invoice storage and search, real-time spend analytics, online bill pay, and high-touch services including vendor relations and outsourced invoice data entry.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
View full Sourcery company profile →
TermSync
HQ: United States
Website
- Description: Provider of an accounts receivable automation platform for B2B companies, enabling a customer-centric post-sale relationship. Based in Madison, Wisconsin, the platform manages over 2,000 payment term relationships between clients and their customers, with over 99% paid on or before the due date.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full TermSync company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Webexpenses
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Webexpenses
2.2 - Growth funds investing in similar companies to Webexpenses
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4 - Top valuation comps for Webexpenses
4.2 - Public trading comparable groups for Webexpenses
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