Cash & Liquidity ManagementPaymentsClearing & SettlementHanse Orga acquires Dolphin Enterprise Solutions

Hanse Orga acquires Dolphin Enterprise Solutions

The German software group has been backed since last year by private equity investor Waterland, which supports its growth.

German financial automation software vendor Hanse Orga Group has reached agreement with Dolphin Enterprise Solutions Corporation, which provides of process automation and data management solutions for SAP customers, to become part of Hanse Orga and jointly deliver leading technology and process solutions to enterprise customers across the globe.

Dolphin, established in 1995, has offices in the US and Canada and over 250 corporate customers including some of the world’s leading brands and organisations. Its solutions focus on the optimisation of accounts payable and accounts receivable (AP/AR) processing as well as data volume management for companies running on SAP. Hanse Orga said Dolphin’s current leadership team will remain, to play a leading role in the future development of the joint group.

“Fraud protection and compliance assurance are two of the most significant issues that global businesses currently face,” said Hanse Orga’s chief executive officer (CEO) Sven Lindemann. “Following the integration of Dolphin, we will be able to provide customers with an end-to-end AP solution which ensures that each received invoice and the related payment are processed automatically to minimise the possibility and incidences of fraud”

Since last year, Hanse Orga Group has been backed by the private equity growth investor, Waterland, which supports its ambition to become “the leading fintech company in the financial automation space.” Dolphin’s acquisition continues this strategy and follows last November’s takeover of SOPLEX Consult, a credit and receivables management solutions provider.

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