DocuPhase, a Tampa, FL-based provider of provider of Business Process Automation (BPA), accounting automation, and B2B payments software and solutions, acquired Frevvo, a workflow automation company.
The amount of the deal was not disclosed.
The addition of Frevvo’s form and signature technologies further enhances the DocuPhase automation platform, which today offers data recognition (OCR), document management, workflow automation, accounting automation, and payment processing technologies to more than 1,000 customers.
Founded in 2008, Frevvo provides an online forms and workflow automation solution serving various industries and businesses of all sizes. The company is established within Higher Education intuitions and K-12 school districts for delivering automation solutions for student enrollment process, financial aid applications, transcript requests, and various other functions within registrars and student administration offices.
The company, backed by growth equity firm LoneTree, continues to invest in technology and the resources needed to serve growing market demand in automation software.
Founded in 2000 in Tampa Bay, Florida, and led by Dan Gaertner, DocuPhase is a solution for companies looking to automate their business processes and expand productivity. The company specializes in automating bookkeeping processes, purchasing orders, sales orders, capturing invoices, approving payments, managing vendors, student, and employee onboarding, and other business processes.
FinSMEs
12/08/2022