Visma | Onguard, a London, UK-based fintech company dedicated to the order-to-cash process, acquired Outstanding24, a Dutch provider of cloud software for improving cashflow.
The amount of the deal was not disclosed.
Taking over all Outstanding24’s activities and employees (led by Anton Maas, director) Visma | Onguard adds an innovative cloud solution for organising debtor management for SMEs to its portfolio.
Led by Marieke Saeij, CEO, Visma | Onguard is a market leader in software solutions for the entire order-to-cash chain. Its solutions centre on connecting data on one centralised platform, linking internal and external systems and services whilst leveraging intelligent and intuitive automation to deliver valuable insights. This enhanced visibility and secure sharing of critical data ensures optimal connection between all processes in the order-to-cash chain, resulting in longer lasting customer relationships through improved and personalised communication. Support for customers includes everything from risk management, risk insurance and e-invoicing, to cash allocation, debt management and collections and bailiff.
Customers in more than 70 countries worldwide use the platform daily for management and tangible results in order-to-cash and credit management.