Rillion Strengths, Domain Expertise, and Key Differentiators
Rillion is an Accounts Payable automation (AP Automation) software company, offering procure-to-pay and digital invoice processing and contracts for domestic and global corporations, on-premise or in the cloud. Customers experience significant and measurable cost savings, productivity gains and operational excellence.
Rillion Recent Developments
In July 2023, Rillion forged a strategic alliance with Finexio, a rapidly expanding digital Accounts Payable Payments as a Service company. This collaboration aims to provide Rillion customers with comprehensive and fully managed solutions for AP payments operations. The integrated AP payment service offered by Finexio is designed to help organizations eliminate the risks associated with paper checks, manual payment processes, and supplier exceptions, particularly those vulnerable to fraud. This embedded service efficiently oversees the delivery and payment operations across diverse payment types, encompassing virtual cards, ACH, wire, and traditional paper checks.
Rillion Mergers and Acquisitions (M&A) Activities
In the wake of the merger between Palette Software and Centsoft in 2018, the unified entities underwent a strategic rebranding, adopting the name Rillion for their introduction into the US market in May 2022. While continuing to cater to their core markets in the Nordic region, the companies now operate harmoniously under the unified brand, Rillion, in the United States.
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, customers.
Rillion Overview
Torsgatan 26
Stockholm, x, 113 21, Sweden
46 10 198 97 00
https://www.rillion.com/
Ownership: - x
Number of Employees: 200
Functional Markets: Analytics and BI, Content Management, ERP Financial, Procurement,
Key Verticals: Banking and Financial Services, Construction, Real Estate, Consumer Packaged Goods, Distribution, Higher Education, Healthcare, Manufacturing, Professional Services, Retail, Transportation, Utilities,
Rillion Key Enterprise and Cloud Applications
Rillion,
Rillion Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Rillion Revenue Breakdown By Type, $M:
Rillion Enterprise Applications Revenues By Functional Markets, $M:
Rillion Enterprise Applications Revenues By Verticals, $M:
Rillion Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Rillion Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
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 boasts a clientele exceeding 3000, featuring prominent names such as NCAA, Deloitte, BMW, Stena Line, Landstar, Canadian North, Pentax, Cobham, Novant Health, Kilroy, US Farathane Corporation, and various other esteemed organizations.
Rillion Market Opportunities, M&A and Geo Expansions
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
The expansion of Rillion's product portfolio poses a formidable challenge for the company's prospective growth.
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.
Rillion Cloud Infrastructure Insights
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- Rillion Public Cloud and Infrastructure (IaaS)
- Rillion Platform (PaaS)
- Rillion Application Delivery
- Rillion Private Cloud and Data Centers
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:
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