Esker, a worldwide leader in document process automation solutions and pioneer in cloud computing, today announces the acquisition of TermSync, a cloud-based accounts receivable platform.
Based in Madison, Wisconsin, which is also home to Esker’s U.S. headquarters, TermSync develops and markets an innovative, collaborative portal enabling businesses to modernize their AR processes. Fully developed on cloud-based technology, TermSync optimizes invoice management by reducing costs, accelerating payments and reducing Days Sales Outstanding. Today, TermSync connects thousands of companies on its network, including the U.S. National Association of Credit Management, which has selected the solution as a preferred partner.
Read more at BusinessWire.com.