Emburse Strengths, Domain Expertise, and Key Differentiators
Emburse itself is a relatively new brand, created in January following the merger of Chrome River and Certify in March 2019. Certify subsidiaries Abacus, Captio, Nexonia and Tallie also joined in that merger, and the brands are still in place today.
Emburse humanizes work by empowering business travellers, finance professionals, and CFOs to eliminate manual, time-consuming tasks so they can focus on what matters most.
Emburse offers a growing portfolio of expense and AP automation solutions, including Emburse Abacus, Emburse Captio, Emburse Certify, Emburse Chrome River, Emburse Cards, Emburse Nexonia, Emburse SpringAhead and Emburse Tallie. Its innovative offerings are tailored to meet the unique needs of specific industries, company sizes, and geographies, and are trusted by more than 9 million users in more than 120 countries.
Emburse Recent Developments
In February 2021, Emburse has launched Emburse Cards for its Captio expense automation solution. Emburse Cards offers a user-friendly solution for employees to make purchases without requiring out-of-pocket spending. Employees can request prepaid virtual or cards for travel and other business purchases and have the peace of mind that all purchases will be within the organization’s spend policy.
In February 2020, Emburse launched Abacus Reach to streamline the process for non-employee expense reimbursement. Reach allowed organizations to easily provide non-employee travelers with a mobile app-based solution which made it simple to verify policy compliance, and capture and submit travel expenses in real-time.
Emburse Mergers and Acquisitions (M&A) Activities
In 2021, Expense management conglomerate Emburse has taken two more providers under its corporate umbrella, acquiring travel management app developer Roadmap and corporate travel spending analytics specialist DVI in separate deals.
The acquisitions expand Emburse's capabilities to offer clients services around travel management and spending data, each of which will be areas of increased emphasis for corporates as business travel resumes in the wake of the Covid-19 pandemic, according to Emburse CEO Eric Friedrichsen.
Emburse Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Emburse 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 Emburse 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 Emburse Abacus, Emburse Certify, Emburse Chrome River, Emburse Captio, Emburse Nexonia, Emburse Tallie customers.
Ownership: - x
Number of Employees: 800+
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil, Gas and Chemicals, Professional Services, Retail, Transportation, Utilites,
Emburse Key Enterprise and Cloud Applications
Emburse Abacus, Emburse Certify, Emburse Chrome River, Emburse Captio, Emburse Nexonia, Emburse Tallie
Emburse Revenues, $M:
|Type/Year||2019||2020||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.
Emburse Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
Emburse Enterprise Applications Revenues By Functional Markets, $M:
Emburse Enterprise Applications Revenues By Verticals, $M:
Emburse Revenues By Region, $M
|Region||% of Total Revenues||2020 Total Revenues, $M||2020 Enterprise Applications Revenues, $M||2020 Cloud Applications Revenues, $M|
Emburse Direct vs Indirect sales
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Emburse Customers - Breakdown by Geo, Size, Vertical and Product
No. of Emburse Customers: 16000
No. of Emburse Enterprise Applications Customers: 16000
No. of Emburse Cloud Customers: x
No. of Emburse Cloud Subscribers: 9 million
Over 16,000 customers, from start-ups to global enterprises, including Boot Barn, Grant Thornton, Telefónica, Lufthansa Systems, and Toyota rely on Emburse to eliminate manual processes, make faster, smarter decisions, and help make users’ lives - and their businesses - better.
Emburse Market Opportunities, M&A and Geo Expansions
In June 2021, Emburse has launched Emburse Analytics, empowering customers with dashboards that optimize spending, improve compliance and give finance teams deep spend analysis capabilities wrapped in an intuitive user interface.
In June 2021, Emburse has launched Emburse Pay - B2B Payments, delivering strategic spend management for corporate accounts payable teams. Emburse Pay - B2B Payments provides an integrated payables solution for teams to easily manage and track the entire invoice approval and payment process.
Emburse Pay - B2B Payments will allow organizations to save time, lower costs, increase efficiency and enhance the user experience. Finance teams can more easily track and confirm receipt of payments, reducing potential delays and friction with vendors.
In February 2020, Emburse launched Emburse Cards for Abacus' real-time expense management. Emburse Cards provided innovative virtual and physical corporate card solutions, that offered employees and non-employees a simple and user-friendly way to make purchases while allowing organizations to easily enforce travel and expense policies as the transaction occurred. Integrating Emburse Cards into Abacus gives administrators the ability to easily issue and manage corporate cards within their real-time expense management solution, providing a more seamless and user-friendly experience. The new offering also gave organizations deeper, real-time insight and control over corporate expenses. Travelers who made purchases using their Emburse Card will be prompted to capture an image of the receipt and submit the expense within moments.
Emburse Risks and Challenges
Eric Friedrichsen has been appointed as CEO of the newly unified entity.
Emburse Ecosystem, Partners, Resellers and SI
In May 2021, Emburse has launched a strategic collaboration with UKG (Ultimate Kronos Group), a global provider of HCM, payroll, HR service delivery, and workforce management solutions, that will automate the labour-intensive process specific to new employee expense management onboarding.
With this technology partnership, the employee records created for new hires in UKG Pro, UKG Ready, and UKG Dimensions will automatically sync with Emburse Chrome River Expense and Emburse Certify Expense. This integration eliminates a crucial but highly manual portion of the employee onboarding process, allowing HR teams to focus more on people instead of processes.
In January 2020, Six expense and AP automation companies have come together to form Emburse. Emburse brings together Abacus, Captio, Certify, Chrome River, Nexonia, and Tallie, which offered tailored solutions for organizations ranging from start-ups to global enterprises.
Emburse Cloud Infrastructure Insights
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- Emburse Public Cloud and Infrastructure (IaaS)
- Emburse Platform (PaaS)
- Emburse Application Delivery
- Emburse Private Cloud and Data Centers
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).
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