Rillion Strengths, Domain Expertise, and Key Differentiators
Palette Software is a vendor of financial process automation for domestic and global corporations. Palette solutions automate the connecting and matching of purchase orders, invoices and contracts, on-premise or in the cloud. Customers experience significant and measurable cost savings, productivity gains and operational excellence.
Rillion Recent Developments
During the last five years Palette Software has acquired companies keeping the original setup but from February 5th Palette is uniting in one new visual identity. By reshaping their appearance, Palette go to market as one company offering AP Automation to anyone worldwide – no matter size, industry, or ERP system.
In November 2019, Palette partner EchoVera, an AP automation solutions provider in North America, surpassed the $3 Billion invoice processing mark for the organizations it serves in Europe, Australia, the US, and Canada. EchoVera's customers use Palette AP Automation software to process, approve, and match supplier invoices. EchoVera services and sells Palette solutions to customers in diverse industries such as biopharma, automotive, airlines and telecommunications.
Rillion Mergers and Acquisitions (M&A) Activities
Following the merger of Palette Software and Centsoft in 2018, the companies rebranded as Rillion for their US debut in May 2022. Following the merger of Palette Software and Centsoft in 2018, the companies rebranded as Rillion for their US debut in May 2022.
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.
Ownership: - x
Number of Employees: 155
Functional Markets: ERP Financial,
Key Verticals: Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Distribution, Higher Education, Healthcare, Leisure and Recreation, Hospitality, Manufacturing, Professional Services, Retail, Transportation,
Rillion Key Enterprise and Cloud Applications
Rillion Revenues, $M:
|Type/Year||2020||2021||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:
|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%|
Rillion Enterprise Applications Revenues By Functional Markets, $M:
Rillion Enterprise Applications Revenues By Verticals, $M:
Rillion Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
Rillion Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Rillion Customers - Breakdown by Geo, Size, Vertical and Product
No. of Rillion Customers: 3520
No. of Rillion Enterprise Applications Customers: 3520
No. of Rillion Cloud Customers: 3520
No. of Rillion Cloud Subscribers: 340000
Palette solutions are available through a growing network of partners in some 50 countries in North America, Europe, and Australia. Pallete has 3500 customers including NCAA, Deloitte, BMW, Stena Line, Landstar, Canadian North, Pentax, Cobham, Novant Health, Kilroy, US Farathane Corporation and others.
Rillion Market Opportunities, M&A and Geo Expansions
Palette HQ moved to an activity based office in the Stockholm city center. The new office is larger than the previous one and it enables a more creative and dynamic way of working. Palette also opened office in the United States for their US Operations.
Rillion Risks and Challenges
Expanding Palette's product portfolio will be a challenge for the company.
Rillion Ecosystem, Partners, Resellers and SI
Palette has ready-to-use connections to the most common ERP systems on the market, such as NetSuite, SAP Business One, QAD, Dynamics, Oracle, Infor, Intacct, Sage, and more.
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
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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