PairSoft's acquisition of Nimbello signals rapid AI-led automation consolidation in finance sector

PairSoft has bought Nimbello in a move that underscores how quickly the market for AI-led finance automation is consolidating around deeper ERP integrations and more sophisticated invoice matching.

According to the companies, the deal brings together PairSoft’s procure-to-pay and financial automation platform with Nimbello’s accounts payable tools, which are designed around purchase-order-based invoices. That capability is intended to strengthen PairSoft’s native links wi...

th major enterprise systems including Microsoft Dynamics 365, SAP, Blackbaud, NetSuite, Oracle and Sage Intacct, while also extending its reach into environments such as Workday and Infor SyteLine.

Nimbello, which began life in 2010 as Easy Access in Granger, Indiana, was founded by Milind Agtey to reduce the burden of invoice processing for finance teams in sectors such as healthcare, manufacturing and higher education. The company says it now serves more than 60 customers and has handled over 20 million invoices. It also says its revenue grew by 300% between 2022 and 2025 after adding new leadership and support from Vita Mori Ventures.

Milind Agtey said the original goal was to perfect purchase-order matching for high-volume industries, adding that the business had now reached a point where handing it to PairSoft made sense. PairSoft chief executive Matt Cotter said Nimbello’s line-level matching and reconciliation technology would complement PairSoft’s existing tools for large, multinational customers.

The acquisition comes shortly after PairSoft disclosed a majority investment from TA Associates, signalling a broader push to expand its product set and reinforce its direct ERP functionality. PairSoft said Nimbello’s work on invoice processing and general ledger coding would also bolster its own AI capabilities.

Financial terms were not disclosed.

Source: Noah Wire Services