[France] Visma and In Extenso partner to strengthen fulll’s software offering

Visma and In Extenso have announced a strategic partnership in the accounting and payroll software solutions provider fulll, Fintech Finance News reports.

Visma has acquired a minority stake in the provider, which it says will strengthen the project’s industrial robustness for the benefit of French chartered accountants. 

fulll was founded by France’s leading chartered accountancy firm, In Extenso, and provides solutions for accounting offices and professional service firms. 

France has a highly fragmented market of approximately 19,000 accounting firms, serving the needs of 3.8 million SMEs. Managing accounting production and payroll at scale is a critical challenge for these firms, yet many lack the resources to invest in modern, integrated technology platforms. 

The nation is currently preparing for the phased implementation of mandatory e-invoicing for all businesses, which will significantly increase the digital and compliance burden on accounting offices. fulll’s cloud-native platform would enable them to adapt quickly, offering the automation, integration, and data connectivity required to meet the new regulatory obligations and remain compliant. 

This partnership with Visma will reportedly help fulll accelerate the development of its platform and allow In Extenso and Visma to make a long-term commitment based on fulll and other Visma products, establishing a robust foundation for the growth of all three players in the French market. 

“fulll has built something truly impressive – a comprehensive platform that covers the  entire accounting and payroll lifecycle for French firms,” Merete Hverven - CEO of  Visma - said. “We look forward to supporting fulll’s further growth and development, and to  continue positioning Visma as a leading tech partner for accounting offices in France.” 

Antoine de Riedmatten - Chairman of the Management Board of In Extenso - said, “By remaining a shareholder and strategic client of fulll, we reaffirm our confidence in a project that is transformative for the profession and in its ability to sustainably address its challenges. This partnership provides fulll with the scale and stability needed to accelerate its vision of becoming one of the leading platforms for accounting firms in  France. The timing could not be better, with e-invoicing on the horizon: our clients will  have the tools they need to thrive in this new environment.”

Frank Lamotte - President of fulll and CEO of In Extenso - said, “The partnership between In Extenso, fulll, and Visma will also strengthen and accelerate investments in  the ‘Impulse Data’ datahub, of which In Extenso and fulll are members and co-founders.  This data hub, which aggregates anonymised data from over 800,000 small and medium-sized enterprises, adds value to the advisory services offered by firms to their entrepreneurial clients, in the context of the upcoming widespread adoption of e-invoicing in the coming months.” 

Source: Fintech Finance News

(Quotes via original reporting)

Visma and In Extenso have announced a strategic partnership in the accounting and payroll software solutions provider fulll, Fintech Finance News reports.

Visma has acquired a minority stake in the provider, which it says will strengthen the project’s industrial robustness for the benefit of French chartered accountants. 

fulll was founded by France’s leading chartered accountancy firm, In Extenso, and provides solutions for accounting offices and professional service firms. 

France has a highly fragmented market of approximately 19,000 accounting firms, serving the needs of 3.8 million SMEs. Managing accounting production and payroll at scale is a critical challenge for these firms, yet many lack the resources to invest in modern, integrated technology platforms. 

The nation is currently preparing for the phased implementation of mandatory e-invoicing for all businesses, which will significantly increase the digital and compliance burden on accounting offices. fulll’s cloud-native platform would enable them to adapt quickly, offering the automation, integration, and data connectivity required to meet the new regulatory obligations and remain compliant. 

This partnership with Visma will reportedly help fulll accelerate the development of its platform and allow In Extenso and Visma to make a long-term commitment based on fulll and other Visma products, establishing a robust foundation for the growth of all three players in the French market. 

“fulll has built something truly impressive – a comprehensive platform that covers the  entire accounting and payroll lifecycle for French firms,” Merete Hverven - CEO of  Visma - said. “We look forward to supporting fulll’s further growth and development, and to  continue positioning Visma as a leading tech partner for accounting offices in France.” 

Antoine de Riedmatten - Chairman of the Management Board of In Extenso - said, “By remaining a shareholder and strategic client of fulll, we reaffirm our confidence in a project that is transformative for the profession and in its ability to sustainably address its challenges. This partnership provides fulll with the scale and stability needed to accelerate its vision of becoming one of the leading platforms for accounting firms in  France. The timing could not be better, with e-invoicing on the horizon: our clients will  have the tools they need to thrive in this new environment.”

Frank Lamotte - President of fulll and CEO of In Extenso - said, “The partnership between In Extenso, fulll, and Visma will also strengthen and accelerate investments in  the ‘Impulse Data’ datahub, of which In Extenso and fulll are members and co-founders.  This data hub, which aggregates anonymised data from over 800,000 small and medium-sized enterprises, adds value to the advisory services offered by firms to their entrepreneurial clients, in the context of the upcoming widespread adoption of e-invoicing in the coming months.” 

Source: Fintech Finance News

(Quotes via original reporting)