The peace of mind business 

Building digital solutions and services that fit the customers' needs, and are easy to use, demands knowledge of both software and people.

Rillion was created by merging Palette Software, the Swedish Accounts Payable Automation SaaS supplier, with focus on midsized companies, and Centsoft, focused on the SMBsegment. The merger created a strong international company with a highly competitive offering and ambitious plans for accelerated growth on both sides of the Atlantic.  

Mats Ferm, CEO, Rillion

“We are absolutely tech nerds, but we are even more passionate about the human perspective.”

Rillion are AP Automation experts, providing the proper tools to allow finance professionals to transform how to manage invoices – from data capture and requisitions, to invoice matching and approvals. To date, Rillion has supported over 2,500 companies across over 50 countries. Creating peace of mind by helping customers get a better overview of their numbers.

Altor made its investment in Rillion in 2021, identifying the companies forming Rillion as leading players in the fast-growing AP Automation market, with the possibility for global growth. Altor has a long track-record of supporting data driven companies on the road to scaling internationally.

“We are absolutely tech nerds, but we are even more passionate about the human perspective. We strive to make our solutions and services as easy to buy, deploy and use as possible, so that our customers can focus their time on building their businesses. Rillion brings peace of mind to Accounts Payable”, says Mats Ferm, CEO of Rillion. 

Rillion is also launching new AI functionality, improving Rillion’s automation capabilities, as well as a new Insights dashboard, providing improved analytic capabilities for optimizing supplier and invoice handling.

With the new brand, and the partnership with Altor, Rillion is embarking on the next phase of its growth journey.  

“We see tremendous potential in the AP Automation market, Rillion, its solutions and dedicated staff. We will continue to invest in rapid growth and developing the product. The opportunity is there, and we are ready to take it”, says Petter Samlin, Partner at Altor. 

Published: Aug 09 2022


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