Press release -
Visma Onguard strengthens market position with acquisition of Outstanding24
Visma Onguard, the fintech company dedicated to the order-to-cash process, today announces the acquisition of Dutch scale-up, Outstanding24, taking over all activities and employees. With Outstanding24, Visma Onguard adds an innovative cloud solution for efficiently organising debtor management for SMEs to its portfolio. This news sees the recently rebranded Visma Onguard strengthening its position in the market whilst enabling Outstanding24 to realise its growth ambition.
Anton Maas, director of Outstanding24 comments, "For Outstanding24, the acquisition comes at the right time. About three years ago, my associates and I found that entrepreneurs in the Netherlands regularly struggle with their processes for reminders and debtor management. After more than two years of growing and marketing our online solution in the SME market, we are now looking forward to embarking on our next step with Visma Onguard and continuing the growth path we are on. We are extremely proud that from today we can be part of the Visma family and use the Visma network to realise our growth ambition. We look forward to a very successful collaboration."
Marieke Saeij, CEO of Visma Onguard welcomes the addition of Outstanding24, adding, "The strength of Visma Onguard is in our offering of the complete order-to-cash process on a single platform. With Outstanding24's combined expertise and portfolio, we can now help even more organisations optimise their processes. In addition, Visma Netherlands benefits from the acquisition as we can also offer a suitable solution for debtor management to the customers of other Visma companies. This fits perfectly into Visma's 'better together' strategy. We are very proud that Outstanding24 is now part of Visma Onguard."
About Visma Onguard
In a rapidly changing world, the keys to business success are automation, digital transformation and improving customer experience. Championing such innovation, Visma Onguard has evolved from 25+ years of experience in being a specialist in credit management software to being a market leader in cutting-edge software solutions for the entire order-to-cash chain.
Visma Onguard’s solutions centre on connecting data on one centralised platform, linking internal and external systems and services whilst leveraging intelligent and intuitive automation to deliver valuable insights. This enhanced visibility and secure sharing of critical data ensure optimal connection between all processes in the order-to-cash chain, resulting in stronger, longer lasting customer relationships through improved and personalised communication.
Customers in more than 70 countries worldwide rely on the Visma Onguard platform daily for successful management and tangible results in order-to-cash and credit management. Support for customers includes everything from risk management, risk insurance and invoicing, to cash allocation, debt management and collections and bailiff.
Visma Onguard: Connecting data. Connecting you.
For more information, please contact:
Marieke Saeij, CEO of Visma Onguard: marieke.saeij@onguard.com
Topics
- Technology, general
Categories
- mergers & acquisitions
Visma is a leading provider of mission-critical business software for a more efficient and resilient society. By simplifying and automating the work of companies and organisations of all sizes, we improve people's everyday lives. With 13,600 employees, 1,100,000 private and public sector customers across the Nordics, Benelux, Central and Eastern Europe and Latin America, and net revenue of €1,741 million in 2020, we are committed to making tomorrow better than today. Visit us at visma.com.