PairSoft

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PairSoft - overview

Established

2021

Location

Miami, FL, US

Primary Industry

Software

About

PairSoft is a technology company specializing in automation solutions that enhance efficiency in accounts payable, procurement, and document management for businesses across various sectors. PairSoft is dedicated to streamlining financial processes through innovative automation solutions. The company was founded in 2021 and is headquartered in Miami, US. Matt Cotter serves as the CEO, guiding PairSoft's mission to optimize financial operations.


The company operates independently without any noted subsidiaries or parent companies. PairSoft specializes in providing a comprehensive suite of automation solutions tailored for accounts payable, procurement, and document management. Their primary offerings include AP Automation, which streamlines invoice processing and enhances efficiency through automation, and Document Management, which facilitates the capture, validation, and retrieval of documents within existing ERP systems. PairSoft also features procurement solutions that automate the procure-to-pay process, allowing for seamless vendor management and compliance tracking.


These products are designed to reduce manual workload and optimize workflows, making them particularly beneficial for finance, procurement, and fundraising teams across various industries, including financial services, healthcare, government, and education. The company's solutions cater to mid-size and enterprise businesses, with clients utilizing the technology across North America and Europe. PairSoft generates revenue primarily through a subscription-based model, providing businesses with access to its suite of software solutions. The structure of transactions typically involves B2B agreements where clients subscribe to services based on the specific needs of their operations.


Clients may engage in annual or monthly subscription plans that cover services such as AP Automation, Document Management, and Procurement, ensuring continuous support and software updates. Specific pricing details for these offerings are not publicly disclosed, but the company promotes features like market-leading optical character recognition (OCR) technology and tailored workflows, which are integral to its value proposition. This subscription model not only provides recurring revenue but also fosters long-term partnerships with clients, allowing firms to leverage PairSoft's capabilities for enhanced efficiency and reduced operational costs.


Primary Industry

Software

Sub Industries

Systems Management Software, Customer Relationship Management, Application Integration Software, Analytics & Performance Software, Accounting/Finance Software

Website

www.pairsoft.com

Verticals

Cloud Computing, Mobile Apps

Total Amount Raised

Subscriber access only

PairSoft - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedPairSoft-
Add-onCompletedAPRO Software Solutions BV-
Add-onCompletedWebiplex, Inc.-
MergerCompletedPaperSave, Paramount WorkPlace-

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