Esker Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

Esker Strengths, Domain Expertise, and Key Differentiators

Esker’s strengths are rooted in its AI-powered solutions, global reach, and strategic partnerships. Its Source-to-Pay and Order-to-Cash platforms automate critical business processes, leveraging Gen AI technologies like Synergy Transformer to optimize efficiency and accuracy.

The company’s cloud-based platform integrates seamlessly with enterprise resource planning (ERP) systems, notably Microsoft Dynamics 365 Finance and Business Central, ensuring flexibility and scalability.

Its global presence, with operations in North America, Latin America, Europe, and Asia Pacific, allows it to serve diverse markets. Headquartered in Lyon, France, and with U.S. headquarters in Madison, Wisconsin, Esker combines regional expertise with global scalability. The company’s focus on sustainability, with ESG-compliant features in its Source-to-Pay suite, positions it as a leader in addressing regulatory demands.

Esker’s partnerships, such as with EY Services France, enhance its ability to deliver tailored digital transformation solutions.

Esker Recent Developments

Esker launched Synergy Transformer in September 2024, an AI-driven update for order processing that utilizes a custom-trained language model to enhance data extraction speed and accuracy (Esker Synergy Transformer). In July 2024, Esker introduced sustainability features to its Source-to-Pay suite, aligning with global Environmental, Social, and Governance (ESG) regulations. Additionally, Esker strengthened its strategic partnerships, notably collaborating with EY Services France in June 2024 to address digital business transformation challenges (EY Partnership).

Esker Mergers and Acquisitions (M&A) Activities

Esker’s most significant M&A activity is its acquisition by Boréal Bidco, finalized in February 2025. This transaction, led by Bridgepoint and supported by General Atlantic, marks a strategic shift to private ownership. The deal provides Esker with substantial financial resources and expertise from two prominent investment firms, enabling accelerated product development, market expansion, and potential future acquisitions

Esker has acquired 50.1% of Market Dojo’s shares and voting rights as of early June 2022, with plans to acquire the remaining shares over the next four years. This strategic move allows Esker to integrate Market Dojo’s flagship eSourcing module, Sourcing Dojo, into its platform, significantly enhancing its end-to-end source-to-pay capabilities. Market Dojo’s supplier onboarding and contract management modules will also add further value to Esker’s offering. While Market Dojo will continue operating independently under its existing brand, both companies will collaborate on product development—aligning user experiences and integrating solutions to provide a seamless, unified experience for their shared customer base.

Esker Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Esker applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Esker and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Esker on Demand customers.

Esker Key Enterprise and Cloud Applications

Esker on Demand

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Esker Direct vs Indirect sales

Esker Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Esker Customers

No. of Esker Customers: 3000

No. of Esker Enterprise Applications Customers: 3000

No. of Esker Cloud Customers: 3000

No. of Esker Cloud Subscribers: 1.12M

Esker serves over 3,000 customers worldwide, catering to enterprises across industries such as manufacturing, retail, healthcare, and financial services. Notable customer wins include Lactalis Iberia Group, which adopted Esker’s solutions to optimize customer service processes, and Teknion, which streamlined its ERP workflows globally.

Esker’s extensive client portfolio features a diverse range of global leaders, including Microsoft, Systagenix, Brady Corporation, Custom Products Corporation, DaVita, Moen Inc., Molex Inc., bioMérieux Inc., Terumo Medical Corporation, Ball Horticultural, Albemarle Corporation, WSI Corporation, Maxim Integrated, Symphony, Parts Town, Orora, Farmland, BagMakers, Malaysia Airlines, GECITech, Esterline, LaFourchette, MSA, Samsung, West Pharmaceutical Services, Media Co., Boston University, GE Healthcare, SanLucar, Medical Advantage Group, EMI, Financial DataCorp, Pathagility, EDF Trading Limited, Herbalife Nutrition, Edward Don & Company, Hatco, Unival Toshiba, Salti, Grouppe Kel, and many more.

Esker Market Opportunities, M&A and Geo Expansions

Esker is well‑positioned to capitalize on the growing demand for AI‑driven process automation, cloud computing, and IoT‑enabled business solutions. The global shift toward digital transformation in finance, procurement, and customer service presents significant opportunities. Esker delivers advanced AI capabilities—such as prescriptive and predictive analytics, intelligent data recognition, and AI agents—and continues to strengthen its offering in these areas. Additionally, Esker can enhance its product portfolio with IoT integrations for real-time supply chain monitoring.

Esker Risks and Challenges

Despite its strong performance, Esker faces potential risks from economic slowdowns that could impact transaction volumes on its platform. The company acknowledges that such macroeconomic factors may slightly affect revenue or bookings. ​Furthermore, the postponement of electronic invoicing reforms in certain regions, such as France, could delay anticipated growth in those markets.

Esker Ecosystem, Partners, Resellers and SI

Esker’s ecosystem is built on a hybrid sales model, combining direct sales for large enterprises with indirect sales through partners for smaller businesses or specific regions.

Its partnership with EY Services France exemplifies an effective indirect-sales approach, leveraging consulting firms to deliver customized digital transformation programs. Technology integrations are a cornerstone of Esker’s ecosystem, with seamless connections to leading ERPs like SAP, Oracle, Microsoft and Sage. Esker is also fully integrated with fintech solutions for payment processing and cash application automation. This broad interoperability ensures Esker delivers scalable, end-to-end solutions across diverse customer environments.

Esker’s partnerships with system integrators and value-added resellers enable tailored solutions for specific industries, creating network effects as more customers adopt its platforms. These partnerships foster shared best practices and a robust user community, enhancing Esker’s market position.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: