Soreco

What Soreco does

Soreco AG is a privately held Swiss business software company headquartered in Schwerzenbach, founded in 1988, that develops and sells integrated cloud-based applications for HR, Finance, and document management to mid-sized and large Swiss enterprises. Its core products — Soreco.Payroll, Soreco.Xpenses, Xpert.APF, Xpert.Finance Cloud, and the Digital Personnel Dossier — are built on a modern HTML5/Java cloud architecture and hosted exclusively in Swiss data centers to satisfy Swiss data-protection and compliance requirements (AHV, BVG, Quellensteuer, GeBüV, OR). The platform is differentiated by deep Swiss-specific regulatory logic, including QR-bill automation in accounts payable, and is extended through partnerships with d.velop (d.3ecm document management) and axelity (actaSIGN electronic signatures), plus a SynEngine no-code workflow layer for additional process automation.

The company operates a direct enterprise field-sales model supplemented by website-driven demand generation (live chat, demo booking, content marketing via the Soreco Online Magazin, and HubSpot-powered CRM/automation). Pricing is quote-based and not publicly disclosed, with revenue generated primarily through annual cloud/SaaS subscriptions that bundle software, regulatory updates, implementation, and support. Its customer base spans Swiss enterprise and mid-market logos across trust/accountancy (Treuhand, Ausgleichskasse Swissmem), manufacturing (ACO AG, Fraefel AG, Schulthess, hostettler group, embru), logistics and media (Die Post, Zürcher Oberland Medien), agriculture (Fenaco), and retail/real estate (Privera, Burkhalter), with selected anchor deployments of 300+ users (hostettler group). Implementation and ongoing support are delivered by Soreco's own team rather than third-party resellers, reinforcing direct manufacturer-to-customer relationships.

Geographically Soreco operates only in Switzerland (DACH/CHE), with no disclosed funding rounds, M&A activity, or parent-company structure; the company is described as self-owned with no institutional PE/VC backing, and revenue figures are not publicly disclosed.

Name

Soreco

Legal name

Soreco AG

Website

https://soreco.ch

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

Soreco AG is a privately held Swiss software company, founded in 1988 and headquartered in Schwerzenbach, that sells integrated cloud-based HR, Finance, and document-management applications to mid-sized and large Swiss enterprises, delivered with direct manufacturer-led implementation and Swiss-hosted data residency.

Ownership category

akta.pro rank

Headquarters

HQ city

Uster

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Software Subscriptions (SaaS/Cloud): Soreco generates revenue primarily through cloud-based software subscriptions. Customers pay for access to solutions such as Soreco.Payroll, Xpenses, Xpert.APF, and Xpert.Finance Cloud on a recurring subscription basis. The software is hosted in Swiss data centers, eliminating customers' need for on-premise infrastructure.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Soreco AG develops and sells cloud-based business software for Swiss enterprises, covering payroll processing (Soreco.Payroll), digital expense management (Xpenses), accounts payable workflow (Xpert.APF), financial controlling (Xpert.Finance Cloud), and digital document/HR file management. The company sells standard software that is customized for individual customer needs, implemented and supported directly by Soreco's own team without third-party intermediaries, and hosted in Swiss data centers.

Differentiator

Problem solved

Functional benefit

Products and services

• Soreco.Payroll Cloud-based payroll solution developed and hosted in Switzerland. Automates payroll processing with automatic statutory updates, multi-canton support, and electronic document dispatch (IncaMail) for medium and large Swiss enterprises.
• Soreco Xpenses Digital expense management solution with mobile app and web interface for Swiss companies. Features AI-powered receipt capture with automatic OCR data extraction, approval workflows, GeBüV-compliant Swiss cloud archiving, and integration with payroll systems.
• Xpert.APF Digital creditor workflow solution for automated accounts payable processing. Handles invoice recognition (including Swiss QR-bill), approval routing with configurable rules, posting, and revision-secure archiving.
• Xpert.Finance Cloud Cloud-based financial management solution for comprehensive finance process digitization. Includes general ledger, invoicing, cost center accounting, fixed assets, financial controlling, and compliant reporting with seamless system integration.
• Xpert.Line Integrated financial suite comprising Xpert.FIN (financial accounting), Xpert.BIL (invoicing), Xpert.CTL (controlling), and Xpert.FXA (fixed assets), providing complete financial management capabilities for Swiss enterprises.
• Digitales Personaldossier (Digital Personnel Dossier) Digital employee file management solution integrated with document management. Provides central, secure storage for employment contracts, policies, manuals, and training materials with automated workflow approval for documents and master data entry.
• SynEngine No-code workflow engine enabling companies to digitize business processes without programming knowledge. Users design workflows with drag-and-drop forms, configure permissions, and create approval processes directly in the browser.

Quantifiable outcome

• Accounts payable processing cost reduction of up to 75%
• +4 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability6 records

Feature6 records

Partnerships

One partnership is on record.

• d.velopcoreTechnology or IntegrationSoreco is a partner of d.velop, distributing the d.3ecm document management system. This partnership provides Soreco's customers with a comprehensive document management solution integrated into Soreco's workflow products (Xpert.APF, Soreco.Xpenses, digital personnel files). d.3ecm enables modular extensions for contracts, digital personnel files, email management, incoming mail processing, and digital signature capabilities.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Regional players

• BMD Systemhaus GmbH: Austrian accounting, ERP, payroll and DMS software vendor with DACH presence. Comparable as a regionally-specialized mid-market business software suite.
• Infoniqa AG (Infoniqa HR & Payroll): DACH-focused HR and payroll SaaS suite (formerly Sage HR/Payroll CH). Competes with Soreco in the Swiss HR/payroll market, originating from Austria and expanding into Switzerland.

Direct peers

• KLARA (Klara AG): Swiss SMB-focused HR, payroll, and time-management SaaS provider serving SMEs in Switzerland. Direct competitor to Soreco.Payroll/Soreco.Xpenses in the Swiss mid-market finance & HR software category.
• Abacus Research AG: Swiss ERP/HR/finance software vendor serving Swiss SMEs with payroll, ERP, CRM and DMS. Competes with Soreco's full suite (Payroll, Xpert.Finance, Xpert.APF) in the same Swiss mid-market segment.
• Bexio AG: Swiss SMB-focused accounting and business management SaaS (banking, accounting, invoicing, payroll). Closely aligned with Soreco's Swiss mid-market finance automation positioning.
• SwissSalary (Swiss Salary AG): Swiss payroll specialist offering salary processing, social insurance handling, and source tax calculation. Directly comparable to Soreco.Payroll and referenced in Soreco's own XPenses integration list.

Broad incumbents

• Sage (Sage Switzerland): Global incumbent providing accounting and HR/payroll software with a dedicated Swiss product line (Sage 200, Sage HR). Overlaps with Soreco's finance and payroll functionality at a larger, broader scale.
• Microsoft Dynamics 365 (Business Central / Finance): Microsoft's ERP/finance suite with Swiss partner extensions for payroll and compliance. Competes for the same Swiss mid-market cloud finance and document management workloads as Soreco.
• SAP (SAP Business One / S/4HANA Cloud): Global ERP and HR incumbent with Swiss-localized finance, payroll and document management solutions. Competes for the same Swiss mid-market finance/HR technology dollars but as part of a much broader portfolio.

Emerging players

• Luware AG: Swiss specialist in document management and digital mail processing with strong overlap to Soreco's d.velop-based d.3ecm DMS offering. Competes in the Swiss DMS/archive niche.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCaWCXOyp156Dy-Wsyfd-b3g
• Facebookfacebook.com/sorecoag
• LinkedInlinkedin.com/company/soreco-ag
• Xx.com/Soreco_AG

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Soreco