Esker’s 2018 Annual Results

31% increase in net income fuelled by growth in cloud-based solutions

Continued growth in cloud-based activities
Esker’s sales revenue amounted to 86.9 million euros in 2018, a 14.2% increase over 2017 (+16% based on a constant exchange rate). These results are marked by the ongoing success of the company’s cloud-based document process automation solutions, which represent close to 76 million euros (85% of sales), a 20% increase of over 2017. The performance of traditional licence-based products levelled off at 7.8 million euros (9% of sales), now representing only 4% of the company’s business.

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Esker UK

Esker helps organisations eliminate paper and improve business processes by integrating on-premise and on-demand document automation with applications — for higher efficiency in sales order processing, invoicing, accounts payable and purchasing to shorten order-to-cash and procure-to-pay cycles.

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