ESKER: management transactions · France · AMF

About ESKER

Esker is a French software company specialized in SaaS-based document and business process automation for Finance, Procurement and Customer Service functions. Founded in Lyon in 1985 by Jean-Michel Bérard, the company initially focused on helping businesses send documents electronically before evolving into a global leader in AI-powered business process automation. The Esker name comes from the acronym “European Software Kernel,” a reference to its original technical roots. Today, the company is listed on Euronext Paris under ISIN FR0000035818 and serves a global customer base of more than 3,000 organizations, ranging from small and mid-sized companies to large multinational groups. Esker’s business model is built around two main solution suites: Source-to-Pay and Order-to-Cash. Source-to-Pay supports procurement teams and supplier-facing processes, while Order-to-Cash covers customer invoicing, accounts receivable, collections and customer service workflows. The platform automates key activities such as accounts payable, invoice management, purchasing, order processing, accounts receivable and dispute handling. Esker positions itself as an all-in-one platform for the Office of the CFO, combining workflow automation, cloud delivery and AI capabilities to reduce manual work, improve visibility and help organizations optimize cash flow and working capital. Commercially, Esker has been steadily shifting toward recurring revenue. In 2024, the company generated €205.3 million in sales, up 15% year on year, with SaaS revenue accounting for 82% of total revenue. Subscription revenue has become an increasingly important growth driver, improving the predictability and resilience of the business model. Esker also reported strong momentum in new bookings and continued expansion of its installed base, supporting future recurring revenue growth. The company maintains a broad international footprint with operations across Europe, North America, Latin America and Asia-Pacific, and local entities in around 15 countries. Its global headquarters are in Lyon, France, and its U.S. headquarters are in Middleton, Wisconsin. Esker has earned significant market recognition from leading analyst firms such as Gartner and IDC, reinforcing its standing in the enterprise automation space. Its competitive position is supported by a combination of deep process expertise, an integrated cloud platform and a global go-to-market presence. Notable characteristics include its long operating history in technology, a large and diversified customer base, and a strategic focus on AI, digitization and end-to-end automation of financial and document-intensive workflows.