Neopost and Esker Finalize Joint Venture
By Business Wire News
By Business Wire News
PARIS & MADISON, Wis.
Neopost, the number two worldwide supplier of mail solutions and a significant player in the fields of communication and shipping solutions, andEsker, a worldwide leader in cloud-baseddocument process automation solutions, today announced the finalization of their joint venture to market cloud-based solutions to SME/SMI clients worldwide, which allow for on-demand mail distribution and the automation of supplier invoices and customer invoices.
The creation of this joint venture, owned 70% by Neopost and 30% by Esker, follows the signature of a memorandum of understanding announced on March 31, 2015.
Neopost and Esker confirm that the software as a service (SaaS) solutions, based on Esker’s cloud platform, will be marketed by the Neopost network under the Neopost brand. As announced at the end of March, the initial priorities will be France, to follow up on the success of the Neotouch pilot hybrid mail solution, and the United States, where the two partners already enjoy strong market positions.
NEOPOST is the number two worldwide supplier of mail solutions and a major player in the fields of communications and logistics solutions. Its purpose is to help businesses improve the management of their interactions with clients and stakeholders. Neopost supplies the most technologically advanced solutions for physical mail processing (franking, folding/inserting), digital communication management (customer communication management and data quality software) and process optimization for the logistics chain and e-commerce (from order taking to delivery, including traceability and associated services).
With a direct presence in 31 countries and over 6,000 employees, Neopost posted annual sales of €1.1 billion in 2014. Its products and services are sold in more than 90 countries. Neopost is listed in Compartment A of Euronext Paris and belongs notably to the SBF 120 index.
Esker is a worldwide leader in cloud-based document process automation software. Organizations of all sizes use its shared platform of solutions, offered on-demand or on-premises, to automate accounts payable, order processing, accounts receivable, purchasing and more. Esker’s solutions are compatible with all geographic, regulatory and technology environments, helping over 11,000 companies around the world in their efforts to Quit Paper™.
Founded in 1985, Esker operates in North America, Latin America, Europe and Asia Pacific with global headquarters in Lyon, France and U.S. headquarters in Madison, Wisconsin. Last year Esker generated 46.1 million euros in total sales revenue.
Gaële Le Men, Neopost
Financial, External & Internal Communication Director
Tel:+33 (0)1 45 36 31 39
Fabrice Baron, DDB Financial
Tel: +33(0)1 53 32 61 27
Emmanuel Olivier, Esker
WW Chief Operating Officer
Tel: +33 (0)4 72 83 46 46