SEP Makes Growth Equity Investment in Springtime Technologies

We are excited to announce a significant milestone for Springtime Technologies: Scottish Equity Partners (SEP), a prestigious growth equity firm, has made a strategic investment in our company. This partnership reflects not only a strong endorsement of our vision and capabilities but also an exciting opportunity to accelerate innovation and deliver even greater value to our customers.

Accounts payable is often a resource-intensive process for large enterprises, particularly where there are numerous corporate entities operating across different jurisdictions. The
problem is particularly acute in process heavy industries, such as manufacturing, life sciences and chemicals, where multi-line, complex invoices are commonplace.

For over 20 years, Springtime Technologies has been a trusted partner to global enterprises, providing advanced accounts payable automation solutions.

Our flagship product, Invoicetrack, streamlines finance and operations workflows through automated data extraction and ingestion capabilities, an AI-powered matching engine, and country-specific processing expertise which has been embedded in the solution. The product’s core strength is in complex, enterprise use cases with customers typically processing millions of invoices per annum. These capabilities enable customers to efficiently process invoices across more than 70 countries.

"SEP is a great fit for Springtime because their strategic expertise and commitment to innovation align perfectly with our goals of expanding our reach and enhancing our product capabilities." Markus Hübl,  CEO Springtime Technologies

Your Springtime Technologies Team!