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XSuite Group

Full company profile

uuid00051ir

Namestring
XSuite Group
Legal namestring
xSuite Group GmbH
Websiteurl
xsuite.com
Company typeenum
Private
Founded yearint
1994
Descriptiontext

XSuite Group is a German software company founded in 1994 and headquartered in Ahrensburg that develops AP invoice automation, e-invoicing, procurement, order management, and archiving solutions built natively for SAP ERP environments. Its modular suite — xSuite Invoice, E-Invoice, Procurement, Orders, Archive, Business Partner Portal, and the underlying xSuite Technology Platform — serves more than 1,600 customers across 60+ countries, including BMW Group, Carrefour, Panasonic, Sharp, Dole, Charité, Hansgrohe, Boralex, ALK Abello, Lutron Electronics, and Síminn. Solutions run either embedded in SAP or side-by-side on the SAP Business Technology Platform (BTP), with Mira AI providing an agentic AI layer for document capture, validation, exception handling, matching, and fraud detection that includes an Agentic Process Orchestrator alongside specialized Matching, Verification, and Workflow agents.

The company operates a horizontal go-to-market targeting SAP-driven enterprises through direct enterprise field sales, a certified partner network of SAP implementation consultants and system integrators, and a presence on the SAP Marketplace, with regional offices in Germany, the United States (Framingham), Denmark, the Netherlands, Spain, the Czech Republic, and Singapore. Revenue is generated through one-time software licenses (priced per server and per document transaction), annual maintenance subscriptions, usage-based Document Transaction fees, and professional services for implementation and consulting. In June 2022, 3i Group plc invested to accelerate international growth and the transition to subscription revenue; the May 2024 acquisition of Heidelberg-based tangro broadened Order-to-Cash and Purchase-to-Pay capabilities; and 2026 partnerships with Vertex (compliance) and valantic (digital transformation) signal continued ecosystem expansion. The company is ISO/IEC 27001:2022 certified and was recognized as a Strong Performer in the 2026 Forrester Wave for AP Invoice Automation.

Short descriptiontext

XSuite Group is a German software company founded in 1994 that provides agentic AP invoice automation, e-invoicing, procurement, order management, and archiving solutions built natively for SAP environments, serving 1,600+ customers across 60+ countries through direct enterprise sales and certified SAP implementation partners.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersAhrensburg, Germany
HQ citystring
Ahrensburg
HQ countrystring
Germany
HQ regionstring
Europe
Markets served

Serves global market

Offices8 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
SAP invoice automation, E-invoicing compliance, Procurement automation software, Document archiving solutions, Agentic AI capture
Industry1 code
1ERP/CRM/HRIS Implementation & Integration
CodeBPAEAAAEPrimaryYes
NAICS code2 codes
  • Software Publishers513210
  • Custom Computer Programming Services541511
SIC code2 codes
  • Services-Prepackaged Software7372
  • Services-Computer Integrated Systems Design7373
Product category
SAP Invoice Automation Software
Social media profiles2 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model4 records
1Software License
TypeOne Time License
Description

One-time perpetual license for software products enabling document processing. Licenses are sold per server and document transaction volume. Customer acquires permanent rights to use the software.

xsuite.com
2Software Maintenance
TypeSubscription Recurring
Description

Annual subscription-based maintenance services providing support, error corrections, releases, and updates. Invoiced in advance annually with auto-renewal unless terminated with 3-month notice.

xsuite.com
3Professional Services
TypeProfessional Services
Description

Implementation, consulting, and training services. Time and materials or fixed price engagements for system implementation, configuration, and optimization.

xsuite.com
4Document Transactions
TypeUsage Based
Description

Usage-based model where customers license document transactions. Additional Document Transactions available in blocks of 1000. Unused transactions expire at end of contract year.

xsuite.com
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Pricing details4 tiers
1Document Transaction Licensing - per document processed
ModelUnit PricingBilling cadenceAnnual
Notes

Licenses are sold for a contractually agreed number of Document Transactions. One Document Transaction includes data extraction, business process, and archiving of the same document. Additional transactions available in blocks of 1000. Unused transactions expire at end of contract year.

xsuite.com
2Software Maintenance - Annual subscription
ModelSubscriptionBilling cadenceAnnual
Notes

Annual maintenance invoiced in advance. Includes support, error corrections, releases, and updates. Price adjustments possible annually at xSuite's reasonable discretion with customer termination rights.

xsuite.com
3Server-based Licensing
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

Each license may only be individually assigned to a specific Server and may only be used with such Server. Change or replacement of assigned Server requires deletion of Software from former Server.

xsuite.com
4Professional Services
ModelOtherBilling cadencePay-as-you-go
Notes

Time and materials or fixed price engagements. Time tracking via xSuite's service recording system. Travel time and expenses reimbursed separately.

xsuite.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 2 records shown
1Mira AI
Description

AI suite for agentic accounts payable automation, combining state-of-the-art AI technologies with proven process and SAP expertise.

xsuite.com
+1 more record
Core offering1 text field

xSuite Group develops and sells SAP-integrated enterprise software for automating document-driven finance and procurement processes. Its core offerings cover accounts payable invoice automation, electronic invoicing (e-invoicing), purchasing and procurement workflows, sales order processing, and compliant long-term document archiving. The solutions are designed to be embedded inside SAP ECC, SAP S/4HANA, and SAP BTP environments, serving multinational enterprises and shared services organizations that run SAP as their system of record.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Processing time per customer order reduced from 10 minutes to under 2 minutes
+3 more records
Product overview1 text field

xSuite Group offers a modular software suite for Accounts Payable, E-Invoicing, Procurement, Order Management, and Archiving, all integrated with SAP environments. The portfolio comprises seven core products: Invoice, E-Invoice, Procurement, Orders, Archive, Business Partner Portal, and the underlying Technology Platform. The Technology Platform includes Mira AI, xSuite's AI suite powering agentic automation, intelligent document processing, and autonomous finance capabilities. The suite operates through two integration paths: embedded in SAP or side-by-side on SAP BTP (Business Technology Platform). In May 2024, xSuite acquired tangro, a Heidelberg-based specialist in inbound document management software, to expand capabilities in Order-to-Cash and Purchase-to-Pay processes. The modular architecture allows enterprises to standardize automation across Procure-to-Pay (P2P) and Order-to-Cash (O2C) processes while keeping their SAP ERP core clean and upgrade-ready.

Product and service7 records
1xSuite Invoice
CategoryAccounts Payable Automation
Description

Accounts payable invoice automation software that captures, validates, and processes supplier invoices inside SAP ECC, SAP S/4HANA, and SAP BTP. Designed for enterprise finance and shared services teams that need to automate high-volume invoice handling.

2xSuite E-Invoice
CategoryE-Invoicing
Description

Electronic invoicing solution that enables SAP customers to send and receive compliant e-invoices and meet regional e-invoicing mandates.

3xSuite Procurement
CategoryProcurement Automation
Description

Procurement automation software that digitizes purchasing, approval workflows, and supplier interactions within SAP environments for enterprise procurement teams.

4xSuite Orders
CategoryOrder Management Automation
Description

Sales order processing software for automating inbound sales order capture and processing in SAP landscapes, used by order management and sales operations teams.

5xSuite Archive
CategoryDocument Archiving
Description

Compliant long-term document archiving solution for SAP-driven organizations that need to satisfy tax, audit, and regulatory retention requirements for business documents.

6xSuite Business Partner Portal
CategorySupplier Portal
Description

Supplier and business partner self-service portal that allows external partners to submit invoices, orders, and master data updates directly into an SAP customer's xSuite-driven workflow.

7tangro
CategoryDocument Capture and Order Processing
Description

SAP-native document capture and order processing software brand in the xSuite portfolio, extending capabilities for inbound document and sales order automation in SAP environments.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-28
Description

Strategic partnership announced in April 2026. valantic is a strategic partner for SAP-focused solutions and digital transformation services.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-03-18
Description

Strategic collaboration combining enterprise compliance and SAP-based workflow expertise. Partnership serves customers in U.S., DACH, and EMEA markets. Both companies share vision of empowering SAP customers with enterprise-grade solutions and driving value in global compliance needs.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-05-17
Description

Acquisition of Heidelberg-based tangro, a specialist in inbound document management software. Subject to regulatory approval. Strengthens combined position in SAP ecosystem and expands offerings in Order-to-Cash and Purchase-to-Pay processes.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Finland-based global AP automation and e-invoicing vendor serving large enterprises with deep ERP integrations, including SAP. Closely comparable in product scope (invoice processing, e-invoicing compliance) and customer profile (multi-national finance teams).

TypeBroad incumbent
Description

SAP's native procurement and invoicing suite embedded in the SAP ecosystem. Competes head-to-head for AP/P2P budget and represents the most direct competitive threat given xSuite's SAP-centric positioning.

TypeBroad incumbent
Description

Broad spend management and AP automation platform owned by Thoma Bravo. Competes for the same AP budget via a larger suite (procurement, expenses, invoicing) and is particularly strong in North America.

TypeEmerging player
Description

AI-driven AP automation platform that emphasizes collaboration and ERP integration. Emerging competitor with lighter footprint in SAP specifically, but increasingly competing for the same enterprise AP budget.

TypeDirect peer
Description

AP automation platform focused on mid-market and high-growth companies. Comparable in core use case (invoice processing, supplier payments, approvals) but skews down-market relative to xSuite's enterprise SAP customer base.

TypeBroad incumbent
Description

Cloud-based financial close and accounting automation vendor that has expanded into AP and invoice-to-cash. Competes for adjacent finance-automation budget inside large enterprises.

TypeDirect peer
Description

Sweden-headquartered AP automation vendor with strong SAP integration and European enterprise customer base. Highly comparable in target market (SAP-driven mid-market and enterprise), product scope (invoice automation, supplier portal), and go-to-market motion.

TypeOthers
Description

Global tax compliance and indirect tax technology vendor. Not a direct AP competitor, but xSuite's March 2026 strategic collaboration makes it a relevant ecosystem peer for SAP-driven finance and compliance buyers.

TypeDirect peer
Description

U.S.-focused AP automation vendor for mid-market with deep invoice and payment workflows. Direct competitor particularly relevant to xSuite's North American expansion efforts.

TypeDirect peer
Description

AI-first order-to-cash and treasury automation vendor with growing AP and procurement modules. Overlaps with xSuite's P2P/O2C scope and competes for the same enterprise finance transformation budgets.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers14 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability7 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles13 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries7 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

XSuite Group

SAP Invoice Automation Softwarexsuite.com

XSuite Group is a German software company founded in 1994 that provides agentic AP invoice automation, e-invoicing, procurement, order management, and archiving solutions built natively for SAP environments, serving 1,600+ customers across 60+ countries through direct enterprise sales and certified SAP implementation partners.

What XSuite Group does

XSuite Group is a German software company founded in 1994 and headquartered in Ahrensburg that develops AP invoice automation, e-invoicing, procurement, order management, and archiving solutions built natively for SAP ERP environments. Its modular suite — xSuite Invoice, E-Invoice, Procurement, Orders, Archive, Business Partner Portal, and the underlying xSuite Technology Platform — serves more than 1,600 customers across 60+ countries, including BMW Group, Carrefour, Panasonic, Sharp, Dole, Charité, Hansgrohe, Boralex, ALK Abello, Lutron Electronics, and Síminn. Solutions run either embedded in SAP or side-by-side on the SAP Business Technology Platform (BTP), with Mira AI providing an agentic AI layer for document capture, validation, exception handling, matching, and fraud detection that includes an Agentic Process Orchestrator alongside specialized Matching, Verification, and Workflow agents.

The company operates a horizontal go-to-market targeting SAP-driven enterprises through direct enterprise field sales, a certified partner network of SAP implementation consultants and system integrators, and a presence on the SAP Marketplace, with regional offices in Germany, the United States (Framingham), Denmark, the Netherlands, Spain, the Czech Republic, and Singapore. Revenue is generated through one-time software licenses (priced per server and per document transaction), annual maintenance subscriptions, usage-based Document Transaction fees, and professional services for implementation and consulting. In June 2022, 3i Group plc invested to accelerate international growth and the transition to subscription revenue; the May 2024 acquisition of Heidelberg-based tangro broadened Order-to-Cash and Purchase-to-Pay capabilities; and 2026 partnerships with Vertex (compliance) and valantic (digital transformation) signal continued ecosystem expansion. The company is ISO/IEC 27001:2022 certified and was recognized as a Strong Performer in the 2026 Forrester Wave for AP Invoice Automation.

XSuite Group firmographics

Firmographics
Name
XSuite Group
Legal name
xSuite Group GmbH
Website
https://xsuite.com
Company type
Private
Founded year
1994
Operating status
Operating
Headcount range
251–500 employees
Short description
XSuite Group is a German software company founded in 1994 that provides agentic AP invoice automation, e-invoicing, procurement, order management, and archiving solutions built natively for SAP environments, serving 1,600+ customers across 60+ countries through direct enterprise sales and certified SAP implementation partners.
Ownership category
akta.pro rank

XSuite Group industry classification

Industry
Product category
SAP Invoice Automation Software
NAICS
Software Publishers (513210), Custom Computer Programming Services (541511)
SIC
Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)
akta.pro primary industry
ERP/CRM/HRIS Implementation & Integration (BPAEAAAE)

Keywords

  • SAP invoice automation
  • E-invoicing compliance
  • Procurement automation software
  • Document archiving solutions
  • Agentic AI capture

Where XSuite Group is headquartered

Location

Headquarters

HQ city
Ahrensburg
HQ country
Germany
HQ region
Europe

Offices8 records

Markets served

XSuite Group business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

  1. Software License: One-time perpetual license for software products enabling document processing. Licenses are sold per server and document transaction volume. Customer acquires permanent rights to use the software.
  2. Software Maintenance: Annual subscription-based maintenance services providing support, error corrections, releases, and updates. Invoiced in advance annually with auto-renewal unless terminated with 3-month notice.
  3. Professional Services: Implementation, consulting, and training services. Time and materials or fixed price engagements for system implementation, configuration, and optimization.
  4. Document Transactions: Usage-based model where customers license document transactions. Additional Document Transactions available in blocks of 1000. Unused transactions expire at end of contract year.

Pricing tiers

ModelBillingPrice
Unit PricingAnnualDocument Transaction Licensing - per document processed
SubscriptionAnnualSoftware Maintenance - Annual subscription
One time/ perpetual licensePay-as-you-goServer-based Licensing
OtherPay-as-you-goProfessional Services

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

XSuite Group product offering

Product offering

Core offering

xSuite Group develops and sells SAP-integrated enterprise software for automating document-driven finance and procurement processes. Its core offerings cover accounts payable invoice automation, electronic invoicing (e-invoicing), purchasing and procurement workflows, sales order processing, and compliant long-term document archiving. The solutions are designed to be embedded inside SAP ECC, SAP S/4HANA, and SAP BTP environments, serving multinational enterprises and shared services organizations that run SAP as their system of record.

Product overview

xSuite Group offers a modular software suite for Accounts Payable, E-Invoicing, Procurement, Order Management, and Archiving, all integrated with SAP environments. The portfolio comprises seven core products: Invoice, E-Invoice, Procurement, Orders, Archive, Business Partner Portal, and the underlying Technology Platform. The Technology Platform includes Mira AI, xSuite's AI suite powering agentic automation, intelligent document processing, and autonomous finance capabilities. The suite operates through two integration paths: embedded in SAP or side-by-side on SAP BTP (Business Technology Platform). In May 2024, xSuite acquired tangro, a Heidelberg-based specialist in inbound document management software, to expand capabilities in Order-to-Cash and Purchase-to-Pay processes. The modular architecture allows enterprises to standardize automation across Procure-to-Pay (P2P) and Order-to-Cash (O2C) processes while keeping their SAP ERP core clean and upgrade-ready.

Differentiator

Problem solved

Functional benefit

Brands

  • Mira AI: AI suite for agentic accounts payable automation, combining state-of-the-art AI technologies with proven process and SAP expertise.
  • tangro

Products and services

  • xSuite Invoice Accounts payable invoice automation software that captures, validates, and processes supplier invoices inside SAP ECC, SAP S/4HANA, and SAP BTP. Designed for enterprise finance and shared services teams that need to automate high-volume invoice handling.
  • xSuite E-Invoice Electronic invoicing solution that enables SAP customers to send and receive compliant e-invoices and meet regional e-invoicing mandates.
  • xSuite Procurement Procurement automation software that digitizes purchasing, approval workflows, and supplier interactions within SAP environments for enterprise procurement teams.
  • xSuite Orders Sales order processing software for automating inbound sales order capture and processing in SAP landscapes, used by order management and sales operations teams.
  • xSuite Archive Compliant long-term document archiving solution for SAP-driven organizations that need to satisfy tax, audit, and regulatory retention requirements for business documents.
  • xSuite Business Partner Portal Supplier and business partner self-service portal that allows external partners to submit invoices, orders, and master data updates directly into an SAP customer's xSuite-driven workflow.
  • tangro SAP-native document capture and order processing software brand in the xSuite portfolio, extending capabilities for inbound document and sales order automation in SAP environments.

Quantifiable outcome

  • Processing time per customer order reduced from 10 minutes to under 2 minutes
  • +3 more outcomes

Companies that use XSuite Group

Customer profile

Named customers14 records

Segments3 records

Ideal customer profiles1 record

XSuite Group technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature8 records

XSuite Group partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core.

  • valanticcoreStrategic or Co-development Partner · 28 April 2026Strategic partnership announced in April 2026. valantic is a strategic partner for SAP-focused solutions and digital transformation services.
  • VertexcoreTechnology or Integration · 18 March 2026Strategic collaboration combining enterprise compliance and SAP-based workflow expertise. Partnership serves customers in U.S., DACH, and EMEA markets. Both companies share vision of empowering SAP customers with enterprise-grade solutions and driving value in global compliance needs.
  • tangrocoreStrategic or Co-development Partner · 17 May 2024Acquisition of Heidelberg-based tangro, a specialist in inbound document management software. Subject to regulatory approval. Strengthens combined position in SAP ecosystem and expands offerings in Order-to-Cash and Purchase-to-Pay processes.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

XSuite Group competitors and assessment

Company assessment

Direct peers

  • Basware: Finland-based global AP automation and e-invoicing vendor serving large enterprises with deep ERP integrations, including SAP. Closely comparable in product scope (invoice processing, e-invoicing compliance) and customer profile (multi-national finance teams).
  • Tipalti: AP automation platform focused on mid-market and high-growth companies. Comparable in core use case (invoice processing, supplier payments, approvals) but skews down-market relative to xSuite's enterprise SAP customer base.
  • Medius: Sweden-headquartered AP automation vendor with strong SAP integration and European enterprise customer base. Highly comparable in target market (SAP-driven mid-market and enterprise), product scope (invoice automation, supplier portal), and go-to-market motion.
  • AvidXchange: U.S.-focused AP automation vendor for mid-market with deep invoice and payment workflows. Direct competitor particularly relevant to xSuite's North American expansion efforts.
  • HighRadius: AI-first order-to-cash and treasury automation vendor with growing AP and procurement modules. Overlaps with xSuite's P2P/O2C scope and competes for the same enterprise finance transformation budgets.

Broad incumbents

  • SAP Ariba: SAP's native procurement and invoicing suite embedded in the SAP ecosystem. Competes head-to-head for AP/P2P budget and represents the most direct competitive threat given xSuite's SAP-centric positioning.
  • Coupa Software: Broad spend management and AP automation platform owned by Thoma Bravo. Competes for the same AP budget via a larger suite (procurement, expenses, invoicing) and is particularly strong in North America.
  • BlackLine: Cloud-based financial close and accounting automation vendor that has expanded into AP and invoice-to-cash. Competes for adjacent finance-automation budget inside large enterprises.

Emerging players

  • Stampli: AI-driven AP automation platform that emphasizes collaboration and ERP integration. Emerging competitor with lighter footprint in SAP specifically, but increasingly competing for the same enterprise AP budget.

Others

  • Vertex: Global tax compliance and indirect tax technology vendor. Not a direct AP competitor, but xSuite's March 2026 strategic collaboration makes it a relevant ecosystem peer for SAP-driven finance and compliance buyers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

XSuite Group social profiles

Digital presence

XSuite Group compliance and trust

Trust signal

Compliance1 record

XSuite Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

XSuite Group leadership team

Management profile

Number of profiles

Profiles13 records

XSuite Group subsidiaries and ownership

Company hierarchy

Subsidiaries7 records

XSuite Group funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

XSuite Group M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about XSuite Group

What does XSuite Group do?

xSuite Group develops and sells SAP-integrated enterprise software for automating document-driven finance and procurement processes. Its core offerings cover accounts payable invoice automation, electronic invoicing (e-invoicing), purchasing and procurement workflows, sales order processing, and compliant long-term document archiving. The solutions are designed to be embedded inside SAP ECC, SAP S/4HANA, and SAP BTP environments, serving multinational enterprises and shared services organizations that run SAP as their system of record.

Is XSuite Group a public or private company?

XSuite Group is a private company. It is classified as private equity controlled and is currently operating.

When was XSuite Group founded?

XSuite Group was founded in 1994. It employs 251 to 500 people.

Where is XSuite Group based?

XSuite Group is headquartered in Ahrensburg, Germany, in the Europe region.

How does XSuite Group make money?

Four revenue lines are on record. Software License is the primary driver. The others are software Maintenance, professional Services and document Transactions.

Who are XSuite Group's main competitors?

Direct peers on record are Basware, Tipalti, Medius, AvidXchange and HighRadius. Broad incumbents are SAP Ariba, Coupa Software and BlackLine. Stampli is listed as an emerging player. Vertex is listed as an others.

Does XSuite Group have an API?

No public API is recorded for XSuite Group.

What industry is XSuite Group in?

XSuite Group's product category is SAP Invoice Automation Software. Its primary akta.pro industry code is BPAEAAAE, ERP/CRM/HRIS Implementation & Integration. Its NAICS code is 513210 and its SIC code is 7372.

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Live signals
Business Wire BlogMatthias Lemenkühler Joins the Advisory Board of xSuite GroupMatthias Lemenkühler, xSuite Group's CPTO, will step down from the management board on September 30, 2026, and join the advisory board. Marek Hammer and Jan Schulze will take over technology and product responsibilities. He remains a shareholder and will continue advising.Third NewsxSuite Ranks as a Leader in QKS Group's SPARK Matrix for Accounts Payable Automation in 2026QKS Group recognized xSuite as a technology leader in its SPARK Matrix for Accounts Payable Automation for Q2 2026, highlighting xSuite's platform capabilities including AI-powered document processing, real-time invoice capture, and deep SAP system integration. The evaluation framework assessed vendors on technology excellence and customer experience impact across the global market. xSuite serves over 1,600 customers in more than 60 countries and employs more than 300 personnel across nine locations in Europe, North America, and Asia-Pacific.PR NewswirexSuite Positioned as the Leader in the SPARK Matrix™: Accounts Payable Automation (APA), 2026 by QKS GroupQKS Group named xSuite as a technology leader in the SPARK Matrix: Accounts Payable Automation (APA), 2026, based on strong ratings for technology excellence and customer impact. The recognition highlights xSuite's APA platform featuring AI-powered invoice processing, deep SAP integration, and the Mira AI suite with LLM-based document understanding capabilities. xSuite serves 1,600+ customers across 60+ countries, with headquarters in the Hamburg area, Germany, and operates from nine locations in Europe, North America, and Asia-Pacific.GlobalfintechseriesxSuite Positioned as the Leader in the SPARK MatrixTM: Accounts Payable Automation (APA), 2026 by QKS GroupQKS Group named xSuite as a technology leader in the SPARK Matrix for Accounts Payable Automation (APA) in Q2 2026, with strong ratings across technology excellence and customer impact parameters. xSuite's APA platform uses AI-powered document processing and deep SAP integration to streamline invoice lifecycle management and reduce manual intervention in finance operations. The company indicated that AP automation is entering an "agentic era" and that continued investment in its Mira AI suite and SAP-centric automation positions it for organizations in complex, multi-entity environments.01netxSuite Positioned as the Leader in the SPARK MatrixTM: Accounts Payable Automation (APA), 2026 by QKS GroupQKS Group has recognized xSuite as a technology leader in the SPARK Matrix™: Accounts Payable Automation (APA) for Q2 2026, highlighting its strong ratings in technology excellence and customer impact. xSuite's platform is designed to improve invoice processing accuracy and efficiency through advanced automation and integration with SAP systems. This recognition underscores xSuite's strategic positioning in addressing the needs of enterprises modernizing their finance operations.FinancialContent Business PagexSuite Positioned as the Leader in the SPARK MatrixTM: Accounts Payable Automation (APA), 2026 by QKS GroupQKS Group named xSuite as a technology leader in the SPARK Matrix™ for Accounts Payable Automation (APA) in Q2 2026, following an evaluation of vendors based on technology excellence and customer impact. xSuite received strong ratings for its AI-powered invoice processing platform, particularly its deep SAP integration, configurable workflow orchestration, and Mira AI suite capabilities leveraging large language models. The recognition affirms xSuite's strategic positioning for the emerging "agentic era" of AP automation targeted at SAP-driven enterprises seeking to modernize finance operations.PRLogRenewal Great Place to Work-Certification for xSuitexSuite Group renewed its Great Place to Work certification, with employee surveys across Germany, the US, Scandinavia, Iberia, and APAC. The company achieved a 74% Trust Index, nearly identical to the previous year, and some satisfaction areas increased. CEO Haiko van Lengen cited the certification as a sign of continued team development.SalesTech StarxSuite Group Announces Strategic Collaboration with VertexxSuite Group announced a strategic collaboration with Vertex, combining their enterprise compliance and SAP-based workflow expertise to serve customers in the U.S., DACH, and EMEA markets. The partnership brings together two established brands in SAP environments to help organizations navigate complex financial and compliance landscapes. Both companies emphasized their shared vision of empowering SAP customers with enterprise-grade solutions and driving value in global compliance needs.