PAGERO
Pagero Sweden e-invoicing leader Europe acquired Thomson Reuters 2024.
Definition
Pagero capabilities: (1) Pagero Online (cloud-based platform connecting ERPs + customers + suppliers worldwide). (2) Pagero Network (Open Business Network, multilateral interoperability vs walled garden, supports Peppol + OFTP2 + AS2 + SFTP + APIs). (3) Pagero Compliance Engine (e-invoicing compliance ~80+ countries, real-time clearance models LATAM + Asia + Europe + post-audit Europe + Peppol BIS 3 Continuous Transaction Controls CTC). (4) Pagero ERP connectors (SAP + Oracle + Workday + Microsoft Dynamics + IFS + Infor + custom). (5) Pagero Inbound + Outbound processing (vendor invoices + customer invoices automated). (6) Pagero Tax Reporting integration. (7) Pagero Order + Order Response + Despatch Advice + Receipt Advice + Application Response. Peppol Authority: Pagero one of Peppol Authority Sweden, ~30+ Peppol Access Points operating. Thomson Reuters acquisition February 2024 ($840M Pagero offer ~$11.50 per share), Pagero will integrate ONESOURCE suite as global e-invoicing platform component complementing US tax + global trade product portfolio.
Origin
Pagero AB founded 2007 Gothenburg ; IPO Nasdaq Stockholm 2022 ; acquired by Thomson Reuters February 2024 $840M tender offer (~$11.50/share).
Example in context
European multinational IKEA uses Pagero Open Business Network: SAP IKEA ERP generates customer invoice, Pagero connector converts to multiple formats per recipient country (Italy SDI FatturaPA + Spain Facturae + France Chorus Pro UBL + Germany ZUGFeRD + Peppol BIS 3 Nordic), Pagero submits real-time to authorities (Italy SDI + Spain SII validation) + delivers customer via Peppol Access Point.