PRESS RELEASE
Combination unites Nipendo's supplier collaboration network and Nexa's autonomous PO-to-payment automation with PayEm's corporate card and spend management platform.
Nipendo, a Top Group Software company and a leader in AI-powered procure-to-pay automation, today announced the acquisition of PayEm, the corporate spend and procurement management platform. The acquisition, backed by a committed capital injection from Top Group, positions the combined company to deliver the market's most complete solution — from sourcing and purchase orders through invoicing and payments to corporate cards and employee spend.
What Each Company Brings
PayEm, founded in 2019, built a platform trusted by finance teams for corporate card issuance, expense automation, multi-currency wallets, and deep ERP integration. Nipendo brings two decades of enterprise procure-to-pay expertise, a supplier network processing millions of transactions a month, and Nexa — its AI-native, plug-and-play PO-to-payment automation platform that deploys in hours.
BY THE NUMBERS
Closing the Loop on Every Dollar
Together, the combined platform closes the loop that finance and procurement leaders have long asked for: PO-based spend automated by Nexa and Nipendo, and non-PO spend — cards, subscriptions, employee expenses — automated and governed by PayEm, all posting clean data to the ERP.
One intelligent platform, every dollar of spend
PO-Based Spend
Automated end-to-end by Nexa and Nipendo, from supplier onboarding through purchase orders to invoice and payment execution.
Non-PO Spend
Corporate cards, subscriptions, and employee expenses automated and governed by PayEm.
One Clean ERP Feed
Every transaction, PO-based or not, posts clean, structured data straight to the ERP.
"This is a rare combination. Nipendo and Nexa automate all Buyer-Supplier interactions from selecting a new supplier, registering him, managing his master data properly, through purchase orders and supply management to automating invoice and AP to payment execution. PayEm complements the landscape with everything that doesn't go through PO, paid by cards and off-loads the hassle around managing employees' spend. Together, we give CFOs one intelligent platform with full control and visibility over every dollar the company spends. With Nipendo's backing, PayEm's customers gain long-term stability, and our joint customers gain a roadmap no other solution can match."
Eyal Rosenberg
CEO, Nipendo
Built for the Long Term
The company confirmed that PayEm's platform will continue to operate and be developed, with Nipendo committing additional capital to strengthen the business. The combined organization expects meaningful commercial synergies, including cross-offering PayEm's spend management to Nipendo's Buyer-Supplier interaction automation across the full spectrum of company sizes, from enterprise customers to SMBs.
ONE PLATFORM, EVERY DOLLAR
See how Nipendo and PayEm bring PO and non-PO spend together
Talk to our team about full control and visibility over every dollar your company spends.
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