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

Rillion Strengths, Domain Expertise, and Key Differentiators

Rillion is a company specialized in the automation of processes related to accounting liabilities (Accounts Payable – AP Automation). It offers comprehensive solutions for procure-to-pay, digital invoice processing and contract management, available as on-premise or cloud platforms. By using Rillion, domestic and international companies achieve significant savings, increased productivity and a higher level of operational efficiency.

Rillion Recent Developments

In November 2024, Rillion launched AI Workflow, a solution designed to automate and streamline the invoice approval process. Leveraging the power of Rillion AI’s proven coding automation, this new feature helps businesses speed up invoice handling, cut costs, and scale operations with greater efficiency, bringing a new level of intelligence to AP workflows.

In July 2023, Rillion formed a strategic partnership with Finexio, a provider of digital Accounts Payable Payments as a Service. This collaboration delivers Rillion customers a fully managed, end-to-end AP payments solution. Finexio’s embedded service is designed to reduce the risks tied to paper checks, manual processing, and supplier exceptions, especially those susceptible to fraud. By supporting a range of payment methods, including virtual cards, ACH, wire transfers, and traditional checks, the solution ensures secure, streamlined payment execution across all channels.

Rillion Mergers and Acquisitions (M&A) Activities

In 2018, Swedish accounting automation specialists Palette Software and Centsoft merged to form a more powerful and competitive force in the global SaaS landscape. In May 2022, they rebranded as Rillion to mark their entry into the U.S. market. While maintaining the Rillion brand across the Nordic region, the company unified its offerings into a single, integrated platform, streamlining solutions under one cohesive identity.

Rillion Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Rillion 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 Rillion 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 Rillion One, Rillion Prime customers.

Rillion Key Enterprise and Cloud Applications

Rillion One, Rillion Prime

Rillion Revenues, $M:

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Rillion Direct vs Indirect sales

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

List of Verified Rillion Customers

No. of Rillion Customers: 3000

No. of Rillion Enterprise Applications Customers: 3000

No. of Rillion Cloud Customers: x

No. of Rillion Cloud Subscribers: 340000

Rillion has earned the trust of over 3,000 customers, 340,000 users across 50 countries, including leading brands such as NCAA, Deloitte, BMW, Stena Line, and Novant Health. This strong client base reflects the company’s broad solution applicability, proven reliability, and high-quality service.

Rillion Market Opportunities, M&A and Geo Expansions

In March 2024, Rillion strengthened its leadership with the appointment of Daniel de Sousa as its new CEO and Frida Ahrenby as its new Chief Marketing Officer. These strategic appointments represent a significant opportunity for the company to accelerate its international growth and solidify its position as a provider of accounting process automation (AP Automation) solutions.

Rillion's headquarters recently transitioned to an activity-based office situated in the heart of Stockholm. This strategic move to a more spacious environment fosters a creative and dynamic working atmosphere. Additionally, Rillion has expanded its operational footprint by establishing an office in the United States to enhance its presence and operations in the region.

Rillion Risks and Challenges

Rillion faces several key risks that could impact its long-term stability and competitiveness. One of the main internal risks is its dependence on constant technological development - if the company fails to integrate new functionalities and innovations promptly, it could fall behind the competition. In addition, rapid expansion could lead to resource overload, which would jeopardize operational efficiency and the quality of customer support.

Rillion Ecosystem, Partners, Resellers and SI

Rillion's innovative solutions are accessible through an expanding network of partners across approximately 50 countries spanning North America, Europe, and Australia.

The company offers seamless integrations with major ERP systems, including NetSuite, SAP Business One, QAD, Dynamics, Oracle, Infor, Intacct, Sage, and various others, ensuring compatibility with diverse business ecosystems.

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: