Esker Q3 2020 Sales Activity

▤ Summary

For the first nine months of 2020, Esker’s sales growth increased 8% to reach 81.4 million euros (based on both current and constant exchange rates). The company’s strong Q3 performance was slightly hampered by a lack of traditional license and maintenance-based activities, which tend to take a harder hit during volatile economic times. While the health pandemic has delayed some projects, it has also accelerated decision-making for companies who view Esker’s solutions as essential to ensuring operational continuity, particularly when the majority of their administrative and financial staff are working from home. Outlook for 2020 remains positive Despite the uncertainties of how the global health and economic crisis will evolve, Esker expects to maintain close to 9% organic growth in 2020. Used by more than 6,000 companies worldwide, Esker’s solutions incorporate technologies like artificial intelligence (AI) to drive increased productivity, enhanced visibility, reduced fraud risk, and improved collaboration with customers, suppliers and internally.

▦ Linked Companies

Esker SA

$100M to $250M