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Pagero acquires PaletteNetwork and signs global partnership agreement

April 5 2018

Pagero is proud to announce that with effect from 1 April 2018, Pagero will be taking over the responsibilities, customer contracts and staff of PaletteNetwork.

Pagero is proud to announce that with effect from 1 April 2018, Pagero will be taking over the responsibilities, customer contracts and staff of PaletteNetwork.

The acquisition comes after Palette’s recent search for a global network partner, in line with its commitment to its customers to offer a global e-network.

“To fulfil client demands and expectations, a network vendor must continually invest in product development. Pagero has customers in over 50 countries and invests on a yearly basis more than 100,000 hours in its open network platform. We can now offer our customers a great network for 100% digital global business communication from day one. For Palette, this partnership was an easy choice to make,” says Johan Harrysson, CEO of Palette.

“Pagero has always been impressed by Palette’s Purchase-to-pay software suite. Together, we can now offer an integrated state-of-the-art solution. We’re also happy to be welcoming the PaletteNetwork and its employees as part of the Pagero organisation,” says Bengt Nilsson, CEO of Pagero.

About Palette

Palette Software offers solutions for the management of financial processes from procurement to payment. The product suite PaletteArena connects and matches purchase orders, invoices and contracts, providing customers with an automated solution with significant, measurable cost savings and efficiency gains. Palette Software was founded in 1993 in Sweden and has sales offices in Europe and the United States and partners worldwide. Palette has over 3,500 customers in 50 countries. For more information, please visit www.palettesoftware.com

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