Munich, 17th of May, 2017 – Hanse Orga is implementing the announced growth together with Waterland. With Dolphin Enterprise Solutions, the e5 Solutions Group and Tembit Software, the company was able to welcome three new partners in the US and Germany in just one week. Thus, Hanse Orga is pushing ahead with internationalization and is at the same time broadening its range of services. In September 2016, Waterland acquired a stake in the rapidly growing company. The software provider has significant resources for further growth at its disposal. Hanse Orga, headquartered in Hamburg, offers corporate customers software solutions and expertise for areas such as payments, liquidity management, working capital management and treasury. With Soplex, a first reinforcement has already been achieved in November 2016.
Within the investment agreement, Hanse Orga will pursue two growth paths. On the one hand, it is envisaged to expand the product portfolio along the entire financial supply chain. Hanse Orga is an established software provider for numerous large corporations and mid-sized companies in over fifty countries around the world and has earned their trust as a reliable partner in the highly sensitive areas of finance and treasury. As a full-service provider for all aspects of the financial supply chain, Hanse Orga will be able to offer corporate customers even greater value-added. The second strand is the internationalization with which Hanse Orga will optimize its support for existing international customers and identify new customer groups in additional countries. The US and Asia will become more significant in future. The three companies acquired now meet both targets.
e5 Solutions Group with its seat in Blue Bell (Pennsylvania) is the North America market leader for implementation and support services as well as software add-ons for SAP's Treasury Applications. e5 delivers best-in-class services and software add-ons that enable and augment SAP standard treasury functionality to enterprise customers in North America. The firm's focus on treasury management, in combination with Hanse Orga Group's existing expertise in delivering international solutions to clients for order-to-cash and procure-to-pay business requirements, will create a unique FinTech company which is able to serve customers along the whole financial automation value chain within SAP. Solutions can be designed that will incorporate non-SAP enterprise resource planning technology which solves many of today’s global business problems of fragmented technology landscapes and processes. Established in 2001, e5 works with some of the largest organizations in North America and counts many Fortune 100 companies as customers.
Tembit Software is a provider of cloud and mobile payment applications for companies in the financial and corporate sectors. Tembit is also recognized for solutions in the areas of customer relationship management and healthcare. Tembit Software offers strong and ERP-independent cloud-based solutions that enable customers to manage and execute large volumes of payment transactions in a secure and efficient manner. In combination with Hanse Orga Group's existing solutions, the joint FinTech company is able to offer an integrated set of solutions – both in the cloud and on-premise – around accounts receivable, accounts payable, payments, cash and treasury across different enterprise resource planning systems. Tembit Software was founded over 20 years ago, has offices in Berlin and Vienna and works with a multitude of customers including major banks and large corporates.
Dolphin Enterprise Solutions Corporation, headquartered in Malvern (Pennsylvania) is a leading provider of process automation and data management solutions for SAP customers. Dolphin’s solutions focus on the optimization of accounts payable and accounts receivable processing as well as data volume management for companies running on SAP. In combination with Hanse Orga Group's existing products, the group will be able to serve customers along the whole financial automation value chain by providing proven expertise in cash flows and payments and a deeper integration with a supporting technology stack to better manage data and documents. Dolphin, established in 1995, today has offices in the US and Canada and over 250 corporate customers including some of the world’s leading brands and organizations.