Itesoft SA
ITESOFT provides AP automation, e-invoicing, fraud detection and document-processing software for finance, operations, IT and compliance teams, using AI document extraction, BPMN workflow, supplier-data matching and ERP integrations for enterprise and public-sector customers.
- Company typePrivate
- Founded1987
- HeadquartersAimargues, France
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Itesoft SA does
Itesoft SA is a France-based business process automation software company focused on accounts payable automation, electronic invoicing, Procure-to-Pay workflows, intelligent document capture, fraud detection, and document processing. It serves enterprise and mid-market organizations across finance and accounting, operations and mailroom, digital transformation, information systems, customer relations, and risk/compliance functions, with named customers including LIDL, Oxford Health NHS, Colas, Network Rail, Autoglass, Mitsubishi Electric, Bruntwood, and Inter Mutuelles Assistance. The company reports more than 650 customer organizations, 50,000-plus users, over 200 employees, and more than 1 billion documents processed annually.
The product portfolio centers on Streamline Invoices for AP automation and e-invoicing and Streamline Documents for intelligent document capture across incoming document flows. Core technical components include IDP for OCR/LAD/RAD extraction across paper, PDF, EDI, and e-invoice formats; Altermetry for pre-payment fraud detection using graphometry, AI image analysis, and data consistency checks; BPMN+ for configurable process orchestration; SupplierReference with over 1 million supplier records; and synchronous/asynchronous connectors to more than 250 ERPs, including SAP, Oracle, Microsoft Dynamics, Sage, Unit 4, and Deltek. Deployment options include cloud, on-premise, and hybrid, with Streamline Invoices available on Microsoft Azure and PDP Plug & Play positioned for French mandatory e-invoicing compliance.
The revenue model is enterprise software-led, combining SaaS subscriptions, implementation and professional services, and ERP integration or connector-related licensing. Pricing is not publicly disclosed and appears quote-based, varying by invoice volume, user count, deployment requirements, and implementation complexity. Go-to-market is primarily direct enterprise and inside sales, supported by webinars, round tables, case studies, white papers, events, and ERP- or compliance-oriented thought leadership.
Itesoft SA firmographics
Firmographics- Name
- Itesoft SA
- Legal name
- ITESOFT
- Website
- https://itesoft.com
- Company type
- Private
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- ITESOFT provides AP automation, e-invoicing, fraud detection and document-processing software for finance, operations, IT and compliance teams, using AI document extraction, BPMN workflow, supplier-data matching and ERP integrations for enterprise and public-sector customers.
- Ownership category
- akta.pro rank
Itesoft SA industry classification
Industry- Product category
- Accounts Payable and Procure-to-Pay Automation Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Custom Computer Programming Services (541511)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Corporate Treasury & Supplier Payments (AP, Mass Payments) (FSAMAKAL)
- akta.pro secondary industries
- A2A Bill Pay & eInvoicing (Open Banking Enabled) (FSAMAFAL), Payment Posting, Reconciliation & Cash Application for Bills (FSAMAJAL)
Keywords
Where Itesoft SA is headquartered
LocationHeadquarters
- HQ city
- Aimargues
- HQ country
- France
- HQ region
- Europe
Offices6 records
Markets served
Itesoft SA business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- SaaS Subscription: Software-as-a-Service subscription model for cloud-based invoice processing, AP automation, and document management solutions. Available in cloud, on-premise, or hybrid deployment modes.
- Implementation & Professional Services: Consulting and implementation services for deployment, configuration, and integration with customer ERP systems and business processes.
- ERP Integration Modules: Connectivity fees or licensing for integration modules connecting to various ERP systems (SAP, Oracle, Microsoft Dynamics, Sage, etc.).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS subscription with volume-based pricing |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels10 records
Itesoft SA product offering
Product offeringCore offering
Itesoft SA develops and sells B2B software for automating the Procure-to-Pay cycle and broader financial document processing. Its flagship Streamline Invoices platform delivers end-to-end accounts payable automation — capturing invoices from any channel (mail, email, EDI, clearance), extracting data via AI-powered OCR, performing automatic reconciliation, routing approvals, detecting fraud before payment, and integrating bidirectionally with 250+ ERP systems. Streamline Documents extends this to intelligent capture of all incoming documents (purchase orders, delivery notes, credit notes, customs letters), backed by shared proprietary technologies (IDP, Altermetry® fraud detection, BPMN+ process engine) and a registered PDP for French mandatory e-invoicing compliance.
Product overview
ITESOFT Digital Automation is a unified B2B SaaS platform for business process digitalization, specializing in finance process automation. The portfolio consists of two core products: Streamline Invoices (covering AP automation and e-invoicing for the full Procure-to-Pay cycle) and Streamline Documents (covering intelligent document capture and management across all incoming document streams). Both products are powered by shared proprietary technologies — IDP (Intelligent Document Processing) for AI-powered data extraction, Altermetry® for robotic fraud detection, BPMN+ for process orchestration, and SupplierReference for supplier identification. An optional PDP Plug & Play module provides mandatory e-invoicing compliance for the French market. Solutions are available as cloud (hosted on Microsoft Azure), on-premise, or hybrid deployment.
Differentiator
Problem solved
Functional benefit
Brands
- Streamline Invoices: Comprehensive Procure-to-Pay solution for supplier and customer invoice processing, featuring AP automation, fraud detection, and ERP connectors.
- Altermetry
- IDP (Intelligent Document Processing)
Products and services
- Streamline Invoices Comprehensive AP automation and e-invoicing solution covering the full Procure-to-Pay lifecycle. Handles omnichannel invoice acquisition (Mail, Email, EDI, Clearance), automatic data extraction (OCR/LAD/RAD), accounting workflows, 2/3-way reconciliation, fraud detection, supplier portal with SRM functions, BI analytics, and ERP connectors. Available as cloud (Azure), on-premise, or hybrid deployment. Delivers 85% contractually guaranteed automation and 92% observed in production.
- Streamline Documents Cloud solution for processing all incoming documents and automating 100% of incoming streams. Covers intelligent document capture and management for various document types beyond invoices, including quotes, credit notes, purchase orders, delivery notes, waybills, customs letters, and transport letters. Designed for operations and mailroom digitalization, combining advanced capture with process automation.
- Customer Case Processing Solution to speed up the creation of a customer case, automate completeness and compliance checks, and create new online services. Targeted at customer relationship departments seeking to digitize and streamline customer onboarding and case handling.
- Automatic Fraud Detection (Altermetry® Service) Robotic service providing systematic, preemptive identification of forgeries across 100% of documents before payment. Combines graphometry, AI image analysis, and internal/external data consistency checks (amount, IBAN, SIRET, VAT number, bank name) to detect falsified invoices and false transfer orders.
- Procure-to-Pay Digitalization End-to-end P2P digitalization offering covering supplier relationship, purchase requests, sourcing, contract management, and supplier evaluation. Powered by the BPMN+ process engine and supports collaborative supplier portals with electronic invoice submission.
- PDP Plug & Play (Partner Dematerialization Platform) Registered PDP certified for French mandatory e-invoicing (mandatory from September 2026 for large enterprises and September 2027 for SMEs). Enables issuance and reception of invoices between PDPs, lifecycle status management, and transmission of e-reporting to the PPF (Public Invoicing Portal). Integrates with existing ERPs and EDI partners without requiring changes to invoice processing workflows. Compliant with DGFiP specifications.
- Supplier Relationship Management (Collaborative Supplier Portal) Web-based supplier portal providing SRM functions including online document and electronic invoice submission, referencing, contract management, sourcing, and supplier evaluation. Enables collaboration between buyer organizations and their suppliers throughout the P2P cycle.
Quantifiable outcome
- 95% automation rate for supplier invoices achieved in under 2 months
- +7 more outcomes
Companies that use Itesoft SA
Customer profileNamed customers16 records
Segments6 records
Ideal customer profiles2 records
Itesoft SA technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability7 records
Feature8 records
Itesoft SA partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- SAPcoreDeep technical integration with SAP ERP systems. SAP + ITESOFT webinar demonstrates 'Best of both worlds' partnership maximizing ERP potential. Customers like Mitsubishi Electric report seamless invoice processing without touching SAP.
- OraclecoreIntegration partnership with Oracle ERP systems. Oracle x ITESOFT webinar titled 'A winning alliance' highlights joint customer deployments.
- Microsoft DynamicscoreIntegration with Microsoft Dynamics ERP solutions. ITESOFT is a Microsoft Gold Partner with solutions hosted on Microsoft Azure cloud.
- Microsoft AzurecoreCloud infrastructure provider. ITESOFT Streamline Invoices hosted on Microsoft Azure cloud. Microsoft Gold Partner status.
- Purchase to Pay Network (PPN)coreAnnual partnership producing 'CFOs Upshot' survey report on P2P maturity and digital transformation. Joint research and thought leadership content.
- UniversignminorElectronic signature partnership enriching business process automation platform with digital signature capabilities.
- PeppolcorePeppol network integration for international e-invoicing standards (BIS, PINT, 4-corner model). Supports mandatory e-invoicing requirements.
- AIFE (Agence Impôt Expérience)coreActive participation in AIFE and DGFiP working groups for French e-invoicing reform and PDP (Partner Dematerialization Platform) standards.
- DGFiP (Direction Générale des Finances Publiques)coreStakeholder in DGFiP working groups defining technical specifications for mandatory e-invoicing in France (mandatory from 2026-2027).
- FNFE (Fédération Nationale des Tiers de Confiance)minorActive member of FNFE contributing to e-invoicing standards and best practices in France.
- Hub France IAminorMember of French AI industry association for artificial intelligence collaboration and innovation.
Scale indicators11 records
Recent moves4 records
Expansion highlights6 records
Itesoft SA competitors and assessment
Company assessmentDirect peers
- Tradeshift: Global e-invoicing and supply chain finance network with P2P automation. Direct competitor in e-invoicing standards (Peppol) and AP automation, particularly for cross-border invoice flows.
- Yooz: Cloud-native AP automation and e-invoicing platform focused on mid-market and SMB. Direct French competitor to ITESOFT's Streamline Invoices with similar AI-based capture and P2P capabilities.
- Basware: Global leader in AP automation, e-invoicing, and P2P, operating on the Basware Network. Direct competitor in invoice capture, P2P, and e-invoicing compliance, with a much larger global footprint than ITESOFT.
- Medius: Swedish AP automation and spend management vendor with AI-powered invoice processing. Direct competitor in mid-market and enterprise P2P with comparable intelligent document processing capabilities.
- Esker: French-headquartered SaaS vendor offering Order-to-Cash and Procure-to-Pay automation including AP invoice processing and e-invoicing. Closest direct peer to ITESOFT in geography, product scope, and customer base.
Emerging players
- AvidXchange: US-focused AP automation and payment network for mid-market. Partial overlap with ITESOFT in invoice capture and AP workflow, but more vertically integrated with B2B payments and US-skewed.
- Tipalti: End-to-end accounts payable automation platform combining invoice capture, approvals, and global mass payments. Overlaps with ITESOFT on AP automation but extends downstream into supplier payments.
- Stampli: AI-driven AP automation platform focused on mid-market with strong collaboration features. Emerging competitor in intelligent invoice processing with a self-serve-leaning GTM, distinct from ITESOFT's enterprise field-sales motion.
Broad incumbents
- Coupa Software: Large business spend management (BSM) platform covering P2P, sourcing, and expense management. Overlaps with ITESOFT in AP/invoice automation but operates as a broader suite rather than a focused P2P specialist.
- SAP Ariba: SAP's P2P and procurement platform embedded in the broader SAP ecosystem. Competes with ITESOFT in invoice processing and supplier management but is part of a much larger ERP-centric offering.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Itesoft SA social profiles
Digital presenceItesoft SA compliance and trust
Trust signalCompliance4 records
Itesoft SA financial estimates
Financial estimateRevenue estimate
Valuation estimate
Itesoft SA leadership team
Management profileNumber of profiles
Profiles7 records
Itesoft SA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Itesoft SA M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Itesoft SA
What does Itesoft SA do?
Itesoft SA develops and sells B2B software for automating the Procure-to-Pay cycle and broader financial document processing. Its flagship Streamline Invoices platform delivers end-to-end accounts payable automation — capturing invoices from any channel (mail, email, EDI, clearance), extracting data via AI-powered OCR, performing automatic reconciliation, routing approvals, detecting fraud before payment, and integrating bidirectionally with 250+ ERP systems. Streamline Documents extends this to intelligent capture of all incoming documents (purchase orders, delivery notes, credit notes, customs letters), backed by shared proprietary technologies (IDP, Altermetry® fraud detection, BPMN+ process engine) and a registered PDP for French mandatory e-invoicing compliance.
Is Itesoft SA a public or private company?
Itesoft SA is a private company. It is classified as public and is currently operating.
When was Itesoft SA founded?
Itesoft SA was founded in 1987. It employs 101 to 250 people.
Where is Itesoft SA based?
Itesoft SA is headquartered in Aimargues, France, in the Europe region.
How does Itesoft SA make money?
Three revenue lines are on record. SaaS Subscription is the primary driver. The others are implementation & Professional Services and ERP Integration Modules.
Who are Itesoft SA's main competitors?
Direct peers on record are Tradeshift, Yooz, Basware, Medius and Esker. Emerging players are AvidXchange, Tipalti and Stampli. Broad incumbents are Coupa Software and SAP Ariba.
Does Itesoft SA have an API?
No public API is recorded for Itesoft SA.
What industry is Itesoft SA in?
Itesoft SA's product category is Accounts Payable and Procure-to-Pay Automation Software. Its primary akta.pro industry code is FSAMAKAL, Corporate Treasury & Supplier Payments (AP, Mass Payments), with a secondary code of FSAMAFAL, A2A Bill Pay & eInvoicing (Open Banking Enabled). Its NAICS code is 522320 and its SIC code is 7370.