Asignet Technology DNA
Asignet provides a hyperautomation platform combining RPA, AI, and ML to validate and manage enterprise IT, telecom, mobile, SaaS, and cloud spending across 150+ global enterprise clients and $8B+ in managed IT spend.
- Company typePrivate
- Founded1995
- HeadquartersParsippany, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Asignet Technology DNA does
Asignet Technology DNA is a privately held US-based IT and telecom expense management (TEM) provider founded in 1995 and headquartered in Parsippany, NJ. The company delivers a hyperautomation platform that combines Robotic Process Automation (RPA), artificial intelligence, and machine learning to validate, manage, and optimize enterprise spending across telecom, mobile, SaaS, cloud, and broader vendor categories. Its core product surface spans five solution areas (Telecom Expense Management, Mobile Expense Management, SaaS Management, Cloud Expense Management, and Business Spend Management) supported by a patented Operational RPA platform (US Patent No. 11/840,101) and an internal Wayfast low-code rapid application development engine. The platform reports $12B+ in spend under management across 5,000+ vendors and 110+ countries, with claimed 98% invoice validation accuracy and 15–40% expense savings for enterprise clients.
The company operates a managed services-plus-subscription model with quote-based pricing on multi-year enterprise contracts, supplemented by professional services for implementation, sourcing, and provisioning. Its go-to-market combines a consultative direct enterprise field sales motion with Proof-of-Concept programs and ROI analyses, complemented by distribution through the Microsoft Azure Marketplace. Customer segments center on global enterprises with complex multi-carrier, multi-region IT spend environments, serving IT, Finance, Procurement, and Operations leaders. Asignet is among the top three TEM providers globally by managed spend, serving 150+ enterprise clients and managing 2M+ devices, following two material acquisitions: Xigo LLC from NTT in March 2023 and Cass Information Systems' TEM business in April 2025. The company is backed by ABRY Partners and holds SOC 1/2 Type 2, GDPR, ISO/IEC 27001:2022, and SOX compliance certifications.
Asignet Technology DNA firmographics
Firmographics- Name
- Asignet Technology DNA
- Legal name
- Asignet
- Website
- https://asignet.com
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Asignet provides a hyperautomation platform combining RPA, AI, and ML to validate and manage enterprise IT, telecom, mobile, SaaS, and cloud spending across 150+ global enterprise clients and $8B+ in managed IT spend.
- Ownership category
- akta.pro rank
Asignet Technology DNA industry classification
Industry- Product category
- IT and Telecom Expense Management Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Document Preparation Services (561410)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Robotic Process Automation (RPA) & Hyperautomation Platforms (HDAEAKAF)
- akta.pro secondary industries
- Bill Pay, Invoicing & Payables Platforms (BPAMAFAF), eSignature, Forms & Digital Workflow Platforms (HDAEAHAJ)
Keywords
Where Asignet Technology DNA is headquartered
LocationHeadquarters
- HQ city
- Parsippany
- HQ country
- United States
- HQ region
- North America
Markets served
Asignet Technology DNA business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- SaaS/Platform Subscription (Managed Services): Asignet operates primarily as a managed service provider, delivering its hyperautomation platform and services on a subscription basis. Organizations pay for access to the platform along with managed services covering invoice validation, lifecycle management, and vendor workflows. The model includes professional services for implementation and ongoing optimization.
- Professional Services: Includes implementation services, Proof-of-Concept (POC) programs, professional services for sourcing and provisioning, and advisory engagements. Delivered as part of the onboarding and ongoing client engagement lifecycle.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise managed services with full platform access |
Go-to-market motion3 records
Distribution channels2 records
Marketing channels4 records
Asignet Technology DNA product offering
Product offeringCore offering
Asignet provides a hyperautomation IT and business spend management platform that validates every invoice against contracts, approvals, and real usage before payment. The platform covers telecom, mobile, SaaS, cloud, and vendor expenses for large global enterprises, combining patented Operational RPA, AI/ML, and the proprietary Wayfast low-code platform to automate invoice validation, lifecycle management, dispute resolution, and compliance. Supporting managed services include technology lifecycle management, sourcing, provisioning, AP automation, and RPA-as-a-Service delivered on a subscription basis.
Product overview
Asignet offers a hyperautomation IT expense management platform comprising five core solution areas (Telecom Expense Management, Mobile Expense Management, SaaS Management, Cloud Expense Management, and Business Spend Management) built on a patented Operational RPA platform and Wayfast low-code development engine. The platform validates every charge against contracts, approvals, and real usage before payment, connecting vendors, contracts, invoices, and services in one automated system. Supporting services include Technology Lifecycle (inventory management, dispute management, bill payment), Invoice Validation (AP automation, RPA-as-a-Service), and Smarter Automation (sourcing, provisioning, professional services). The platform processes $12B+ in spend under management across 110+ countries and 5,000+ vendors.
Differentiator
Problem solved
Functional benefit
Products and services
- Telecom Expense Management Automated platform solution for controlling telecom billing across carriers and services, catching billing errors, validating invoices against contracts, and reducing overspend automatically through end-to-end invoice lifecycle management. Targeted at enterprises with complex multi-carrier telecom environments.
- Mobile Expense Management Comprehensive solution for managing mobile devices, plans, and costs in one centralized platform, with automated provisioning, plan optimization, and accurate charge validation across carriers, users, and locations. Designed for enterprises with multi-carrier mobile fleets.
- SaaS Management Platform for tracking every software subscription and license across the organization, eliminating redundant tools, and optimizing SaaS spend through automated discovery, license rightsizing, and renewal management. Built for IT and Finance leaders overseeing SaaS portfolios.
- Cloud Expense Management Solution for monitoring cloud usage and validating invoices across all providers, detecting idle resources, and controlling costs before they escalate in complex multi-cloud environments. Targeted at enterprises with multi-cloud architectures.
- Business Spend Management Centralized platform for vendor expense management and automated invoice validation, providing full visibility into every dollar spent across contracts, invoices, and services in complex enterprise environments.
- Technology Lifecycle Managed service covering inventory management, dispute management, and bill payment for technology assets throughout their lifecycle, ensuring accurate tracking and cost control from provisioning to decommissioning.
- Invoice Validation Automated invoice processing and validation service including AP automation and RPA-as-a-Service, ensuring billing accuracy before payment and reducing overpayments through pre-payment validation.
- Smarter Automation Professional automation services encompassing sourcing, provisioning, and ongoing professional services to streamline IT expense management operations and reduce manual workloads.
- RPA-as-a-Service Robotic Process Automation service where robots navigate systems and vendor portals to automate repetitive tasks with human-quality oversight, eliminating manual data entry and reducing errors across vendor and IT workflows.
Quantifiable outcome
- 15-40% expense savings across telecom, SaaS, cloud, and vendor expenses
- +5 more outcomes
Companies that use Asignet Technology DNA
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles2 records
Asignet Technology DNA technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability9 records
Feature6 records
Asignet Technology DNA partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and flagship.
- Cass Information SystemscoreAsignet acquired Cass Information Systems' TEM (Telecom Expense Management) business in April 2025. This acquisition placed Asignet among the top three TEM providers globally by managed spend, overseeing more than $8 billion in IT spending across 150+ enterprise clients. The deal significantly expanded Asignet's scale and customer base.
- NTT (Nippon Telegraph and Telephone Corporation)coreAsignet entered into a multi-year exclusive partnership with NTT following the acquisition of Xigo LLC (NTT's communications lifecycle management business). The partnership aims to enhance Asignet's position in the IT Expense Management industry and provide advanced communications lifecycle management services to NTT's clients. Asignet acquired Xigo LLC from NTT as part of this arrangement.
- Microsoft AzureflagshipAsignet is available on Microsoft Azure Marketplace, enabling organizations to procure and deploy the platform within Microsoft's trusted cloud environment. The platform is hosted on Azure within single-tenant environments that meet GDPR, SOC 1 and 2 Type 2, SOX, and ISO/IEC 27001:2022 requirements.
Scale indicators13 records
Recent moves6 records
Expansion highlights6 records
Asignet Technology DNA competitors and assessment
Company assessmentDirect peers
- Calero-MDSL: Merged TEM and unified-communications expense management provider serving global enterprises with invoice validation, SaaS management, and mobility services. Direct competitor to Asignet across the same core product categories and enterprise customer base.
- Tangoe (NTT Data): Long-standing TEM market leader, now owned by NTT Data. Directly competes with Asignet in telecom and mobile expense management and is also connected through Asignet's multi-year NTT partnership and Xigo acquisition.
- Sakon: Telecom and SaaS expense management platform providing invoice management, mobile lifecycle, and cloud cost optimization to enterprises. Directly overlaps with Asignet's TEM, SaaS, and cloud solutions.
- MobilSense: Managed mobility services and mobile expense management provider focused on enterprise mobile lifecycle optimization. Directly competes with Asignet's Mobile Expense Management and managed mobility offerings.
- Apptio (IBM): Cloud FinOps and IT spend management platform acquired by IBM, offering enterprise technology business management. Competes head-on with Asignet's Cloud Expense Management and Business Spend Management products.
- CloudHealth by VMware: Cloud cost management and optimization platform for multi-cloud environments. Directly comparable to Asignet's Cloud Expense Management capability and increasingly expanding into adjacent FinOps categories.
- Flexera (Snow Software): Software asset management and SaaS spend optimization platform, including the Snow product line. Competes with Asignet in SaaS license management and broader software/IT spend visibility.
- Zylo: SaaS management platform focused on software license optimization, vendor consolidation, and renewal intelligence. Directly comparable to Asignet's SaaS Management product for enterprise customers.
- Productiv: SaaS usage and spend management platform providing license rightsizing and renewal analytics. Overlaps with Asignet's SaaS Management offering for mid-market and enterprise buyers.
Broad incumbents
- ServiceNow: Large enterprise IT service management platform that has expanded into IT financial operations and FinOps workflows. Offers overlapping capabilities as part of a much broader portfolio, competing with Asignet in spend visibility and automation inside enterprise environments.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Asignet Technology DNA social profiles
Digital presenceAsignet Technology DNA compliance and trust
Trust signalCompliance5 records
Asignet Technology DNA financial estimates
Financial estimateRevenue estimate
Valuation estimate
Asignet Technology DNA leadership team
Management profileNumber of profiles
Profiles3 records
Asignet Technology DNA subsidiaries and ownership
Company hierarchySubsidiaries2 records
Asignet Technology DNA funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Asignet Technology DNA M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Asignet Technology DNA
What does Asignet Technology DNA do?
Asignet provides a hyperautomation IT and business spend management platform that validates every invoice against contracts, approvals, and real usage before payment. The platform covers telecom, mobile, SaaS, cloud, and vendor expenses for large global enterprises, combining patented Operational RPA, AI/ML, and the proprietary Wayfast low-code platform to automate invoice validation, lifecycle management, dispute resolution, and compliance. Supporting managed services include technology lifecycle management, sourcing, provisioning, AP automation, and RPA-as-a-Service delivered on a subscription basis.
Is Asignet Technology DNA a public or private company?
Asignet Technology DNA is a private company. It is classified as private equity controlled and is currently operating.
When was Asignet Technology DNA founded?
Asignet Technology DNA was founded in 1995. It employs 51 to 100 people.
Where is Asignet Technology DNA based?
Asignet Technology DNA is headquartered in Parsippany, United States, in the North America region.
How does Asignet Technology DNA make money?
Two revenue lines are on record. SaaS/Platform Subscription (Managed Services) is the primary driver. The others are professional Services.
Who are Asignet Technology DNA's main competitors?
Direct peers on record are Calero-MDSL, Tangoe (NTT Data), Sakon, MobilSense, Apptio (IBM), CloudHealth by VMware, Flexera (Snow Software), Zylo and Productiv. ServiceNow is listed as a broad incumbent.
Does Asignet Technology DNA have an API?
No public API is recorded for Asignet Technology DNA.
What industry is Asignet Technology DNA in?
Asignet Technology DNA's product category is IT and Telecom Expense Management Software. Its primary akta.pro industry code is HDAEAKAF, Robotic Process Automation (RPA) & Hyperautomation Platforms, with a secondary code of BPAMAFAF, Bill Pay, Invoicing & Payables Platforms. Its NAICS code is 5182 and its SIC code is 7372.