Fleetcor, a publicly traded company listed on the NYSE (FLT), is a leading global business payments company that simplifies the way businesses manage and pay their expenses. The FLEETCOR portfolio of brands help companies automate, secure, digitize, and control payments on behalf of their employees and suppliers.
Roger, HQ'd in Denmark, is a global accounts payable (AP) automation platform for small-and-medium-sized businesse and accounting firms in North America and Europe. The platform helps SMB’s gather and scan invoices and receipts, eliminate manual data entry using machine learning technology, approve and execute payments, setup automated workflows, and sync to other accounting system.
The acquisition will extend Fleetcor’s portfolio of accounts payable automation solutions to SMB’s, helping them automate their manual payment processes. The acquisition of Roger thereby fills out a gap in Fleetcor’s wide range of payments related products, so they can offer their customers and potential prospects a wider array of valuable products.
Lundgrens assisted Fleetcor Technologies, Inc. in their acquisition of Roger.ai, Inc.
