Esker Q4 Revenue Update
Esker Inc is a global company with headquarters in Lyon, France, that provides end-to-end SaaS-based document automation solutions that are designed for businesses pursuing digital transformation efforts within their procure-to-pay or order-to-cash cycles. It takes care of integration of the purchasing department with the accounts payable department as well as receiving and processing customer orders. It reported a strong close to the year, with Q421 revenue up 16% y-o-y
despite a resurgence of the pandemic in December and FY21 revenue ahead of Edison Group's estimate. Esker also recently agreed to acquire Market Dojo, an e-procurement software provider, to enhance its Procure-to-Pay offering.