Tungsten Automation

Tungsten Automation is a software company specializing in intelligent workflow automation, particularly focusing on automating accounts payable processes. With a legacy of 40 years, it has established itself as a leader in the field, recognized for its commitment to innovation and customer success. The company's platform caters to various sectors, including financial services, government, healthcare, and business process outsourcing, offering a suite of business intelligence and analytics tools. These tools integrate content management, process management, data integration, and customer communications, enabling organizations to streamline information-intensive processes, reduce manual errors, lower costs, and enhance customer engagement.

Peter Hantman

President and COO

14 past transactions

Ephesoft

Acquisition in 2022
Ephesoft Inc. is a provider of document and data capture solutions, specializing in Intelligent Document Processing (IDP) to enhance operational efficiency and productivity for both enterprises and public sector organizations. Founded in 2010 and headquartered in Irvine, California, the company offers two primary products: Ephesoft Transact, which addresses document capture and data extraction needs, and Ephesoft Insight, focusing on enterprise document analytics and business intelligence. Utilizing AI, machine learning, and proprietary classification models, Ephesoft's platform transforms various document types into structured, actionable data, facilitating faster decision-making and process automation. The company's solutions integrate seamlessly with existing business systems through APIs and iPaaS connectors, supporting clients across multiple industries such as mortgage, banking, government, insurance, education, and healthcare. Ephesoft operates globally, with regional offices in the United Kingdom, Germany, France, Australia, Singapore, and Italy, and is committed to driving digital transformation and hyperautomation for its customers.

Tungsten Network

Acquisition in 2022
Tungsten Corporation plc operates an e-invoicing network that serves businesses globally, facilitating streamlined accounts payable and receivable processes. The company offers a comprehensive range of services, including e-invoicing solutions, invoice validation, tax compliance, and workflow automation, which are designed to enhance efficiency and accuracy in financial operations. Additionally, Tungsten Network provides trade finance solutions and spend analytics to help organizations optimize their financial management. Its platform supports integration with major enterprise resource planning systems, ensuring seamless connectivity for its clients. Founded in 2000 and headquartered in London, Tungsten Corporation has established itself as a key player in the invoice automation sector, focusing on delivering tailored solutions that improve business outcomes.

Tungsten Corporation

Acquisition in 2022
Tungsten Corporation, established in February 2012 by Edmund Truell and Danny Truell, focuses on identifying and acquiring companies, businesses, or assets within the financial services sector. The aim is to develop a business with a significant market presence and strong potential for sustainable long-term cash generation, return on equity, and growth. The Board includes Non-Executive members Arnold Hoevenaars (Chairman), Peter Kiernan, and Michael Spencer, with advisory support from Disruptive Capital Finance LLP. To facilitate its acquisition strategy, the founders and management team have collectively invested £9.6 million into the company.

Printix

Acquisition in 2021
Printix is a developer of cloud-based print management software designed to serve businesses, educational institutions, enterprises, and non-profit organizations. The company's innovative software automates and simplifies the office printing process, providing a range of solutions that enable clients to install, operate, maintain, and optimize their print environments. By streamlining print management, Printix aims to enhance efficiency and reduce the complexities associated with traditional office printing practices.

PSIGEN Software

Acquisition in 2021
PSIGEN Software, Inc. is a developer of document capture, business process automation, and content management solutions. With over two decades of experience, the company specializes in enhancing the processes involved in capturing and managing both paper and digital documents, as well as other critical information. PSIGEN's software solutions are designed to automate data entry and integrate seamlessly with various devices such as scanners, fax servers, and multi-function printers. This functionality allows organizations to access information in real time, facilitating improved decision-making. By focusing on cost reduction, compliance, and operational efficiency, PSIGEN aims to provide flexible and scalable solutions that benefit a wide range of clients.

Top Image Systems

Acquisition in 2019
Top Image Systems Ltd. is a global provider of automated data capture solutions, specializing in the management and validation of diverse content from customers, trading partners, and employees. Founded in 1991 and headquartered in Ramat Gan, Israel, the company offers technologies that facilitate the transformation of various data formats, including invoices, purchase orders, and electronic documents, into useful electronic data. Their eFLOW Unified Content platform is designed to capture critical information from incoming documents such as paper forms and digital files, ensuring seamless integration into enterprise systems like document management, enterprise resource planning, and customer relationship management. Top Image Systems serves a wide range of clients, including end-users, value-added resellers, distributors, and system integrators, with operations extending internationally through branch offices and representatives in multiple regions.

ReadSoft

Acquisition in 2017
ReadSoft, founded in 1990 by Jan Andersson and based in Lexington, Kentucky, provides software solutions for businesses in the finance and accounting sector. Their automation solutions allow users to streamline their invoicing processes by capturing and managing paper-based data efficiently. ReadSoft's comprehensive offerings cater to the document processing needs of organizations, facilitating seamless integration and understanding of financial data for improved operational efficiency.

Softpro

Acquisition in 2014
SOFTPRO offers both electronic signature and signature verification software. The solutions are used in over 50 countries, across 5 continents, and 12 of the world’s 25 largest banks trust SOFTPRO. The SignDoc ESignature Software Suite supports handwritten electronic signatures captured with any device including tablets and smartphones as well as a secure click-to-sign esignature solution. SignDoc is successfully deployed in banks who are leading the Digital Branch innovation and with insurance organizations who empower their employees to complete the sales and approval process on a mobile device. SignDoc complements the company’s signature verification solution, FraudOne, used to manage signature references and automated check fraud detection. The solution is also used for applications outside banking such as voter, patient and broker/dealer signature verification.

Kapow Software

Acquisition in 2013
Kapow Software specialises in Big Data integration, enabling enterprises to harness their legacy data and make it actionable across departments. With clients including Audi, Intel, Fiserv, Deutsche Telekom, and numerous federal agencies, Kapow's platform facilitates smarter decision-making, process automation, and improved outcomes by providing a comprehensive 360-degree view of information from diverse sources.

Altosoft

Acquisition in 2013
Altosoft, Inc. is a software development company specializing in business intelligence and analytics solutions. The firm focuses on enabling users to create near real-time reporting and dashboard applications without the need for coding. Its technology leverages a data integration and analytics engine that employs in-memory techniques to enhance performance and efficiency. Altosoft aims to simplify data management and facilitate informed decision-making for businesses by providing intuitive tools that streamline the analytics process.

Singularity

Acquisition in 2011
Singularity is a prominent global provider of business process management (BPM) and workflow solutions, focused on enhancing organizational efficiency. Based in Derry, Northern Ireland, the company specializes in developing management software that supports business management, case management, and process management. Singularity aims to assist organizations in streamlining, automating, and optimizing their key processes, ultimately fostering business process excellence and improving overall performance. With a commitment to innovation, Singularity seeks to empower its clients by transforming how they operate.

Atalasoft

Acquisition in 2011
Atalasoft is a software company specializing in document imaging technology, offering solutions that facilitate the integration of document imaging into various business workflows. Its primary products include DotImage, an imaging toolkit designed for .NET developers that features the industry's first zero-footprint document viewer, and Vizit SP, which provides document scanning, viewing, and collaboration capabilities for SharePoint. Atalasoft caters to a diverse range of industries, including healthcare, financial services, legal, government, education, transportation, and manufacturing. The company is recognized for its innovative approach to zero-footprint imaging technologies, empowering developers to create robust applications for document capture, viewing, and processing.

Optiinvoice Digital Technology

Acquisition in 2008
OptiInvoice Digital Technology AB is a Scandinavian company specializing in the development and marketing of electronic invoice and document processing software. The company offers solutions that enable the digital encryption, transmission, and submission of electronic invoices and related documents. These solutions support various file formats, including standard text, image, and extensible markup language (XML), facilitating efficient and secure handling of invoicing and documentation processes. Through its innovative software, OptiInvoice aims to enhance the efficiency and reliability of financial transactions for businesses.
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