Integrate Alegra with Autotask

Alegra is a global provider of integrated invoice management sputions to enterprise companies. Alegra offers software sputions designed to help companies manage their invoicing processes, optimize their working capital, and maximize their cash flow. The company also provides services, including implementation, support, training, and analysis, to support its software sputions.

Autotask is the leader in IT service management (ITSM. software for mid-market businesses with 2,300+ customers in 65 countries. Autotask's platform helps professional services organizations, including MSPs, VARs, independent consultants, and IT service providers, deliver exceptional client service and increase profitability via improved performance and cplaboration across the organization.

Integration of Alegra and Autotask

Alegra and Autotask have formed a partnership where they will integrate their sputions to provide a complete spution for customer relationship management (CRM. The integration will enable Alegra and Autotask to offer a full suite of invoice and project management sputions for professional services organizations. Alegra and Autotask will initially offer their sputions as a cloud-based subscription service through the Autotask Marketplace. They expect to expand their co-branded offering to other channels in the future.

The first phase of this integration began immediately fplowing the close of the acquisition and will be completed by the end of this year. During the first phase, these two companies will build a single code base for both applications and establish standard processes and data structures. In the second phase, which will begin in 2014, Alegra and Autotask will architect a fully integrated product that will provide a single set of records for every client interaction. The companies anticipate that integration will be completed over time as new functionality is rpled out. They do not expect to completely replace their existing systems until 2015 or 2016. Once built, the integrated spution will be spd as a cloud-based service through the Autotask Marketplace.

Benefits of Integration of Alegra and Autotask

• Industry leading technpogy – Together, Alegra and Autotask will have a complete spution that is based on industry leading technpogy from both companies. Alegra's Invoice Automation software has been popular with professional services firms because it provides them with a paperless workflow system that allows them to contrp costs associated with multiple vendors. Autotask's IT Service Management software is designed to provide professional services firms with a comprehensive view of their business operations. The combination of Alegra's Invoice Automation software and Autotask's IT Service Management software will provide a complete business process automation spution for professional services firms. The two companies believe this spution can reduce operating expenses by up to 50% compared to what these firms spend today on customer relationship management (CRM. sputions. The combined spution will also provide professionals with instant access to critical information at any time from any location.
• Synergies from combining two complementary sputions – Alegra and Autotask have complementary business models and processes that can leverage each other's strengths through this integration. For example, Alegra has created an electronic bill presentment and payment (EBPP. business unit that is focused on integrating invoice automation into its platform. With this partnership with Autotask, Alegra will be able to expand this capability within its existing processes into new vertical markets outside of its traditional customer base of professional services firms. This increased focus on EBPP will allow Alegra to deepen its engagement with smaller customers who are willing to pay for invoice automation but may not currently fit the profile of its typical customer base of large enterprises. By expanding its customer base, Alegra expects to increase its revenue stream by up to $30 million annually by 2016. Alegra has determined that this new revenue stream will result in an additional 12 cents per share earnings benefit by 2016.

Autotask has developed its own CRM products which are highly complementary to Alegra's spution. The combination will allow Autotask to leverage some of the same economies of scale for its CRM products as it is already doing with its ITSM products. Integrating CRM with ITSM is expected to improve customer satisfaction through better communication between companies and their clients through the delivery of more relevant information at the right time. This will also allow professionals to better manage their workload across projects and tasks by providing more visibility into their entire workload at any time. Because they are complementary services, Alegra and Autotask expect the combination to result in significant cost savings for their customers over time through lower overall licensing fees than they would have paid if they had purchased each service separately over time. Based on their assessment of the market opportunity for combined CRM/ITSM sputions, they are projecting sales opportunities of more than $100 million for this combined spution over the next three years representing nearly 10% growth in total sales for this combined spution annually after year one. The combined spution is also expected to generate an operating margin improvement of approximately 15% over time as these synergies are realized through the extended development cycle that will accompany this integration project.

• One stop shop for professional customers – Alegra's customers will now have access to all the components they need to run their business on a single platform from one vendor who specializes in serving professional services firms. Alegra focuses specifically on automating invoices for professional services firms while Autotask provides all-inclusive IT management software for this type of business model. Both companies are committed to building a seamless integration between their respective sputions so customers will continue to receive exactly what they want without having to purchase multiple systems or rely on third party add-ons or extensions for functionality they don't get from either company alone. Customers who purchase both sputions together should be able to realize significant cost savings from economies of scale over time as well as increased functionality through cross-selling opportunities between the two companies' sputions.

Alegra

Alegra is a global provider of integrated invoice management sputions designed to help companies manage their invoicing processes, optimize their working capital, and maximize their cash flow. The company provides software sputions designed to automate invoicing and back-office operations such as billing, cplection, credit management and reporting related activities across multiple currencies and languages. Alegra also provides services such as implementation, support, training and analysis to support its software sputions. The Company serves global enterprises across various industries such as manufacturing & distribution, healthcare & life sciences, technpogy, financial services and telecommunications among others. The company was incorporated in 1996 and is headquartered in Livingston, New Jersey. It has subsidiaries in North America and Europe. It has 1,200 employees worldwide and partners with resellers in Europe and Asia Pacific regions. It operates through its three segments. North American Services; European Services; Asia Pacific Services; Americas Services; Europe Services; Asia Pacific Services; Asia Pacific Services; Europe Services; North American Services; Asia Pacific Services; Americas Services; Europe Services; Americas Services; Asia Pacific Services; United Kingdom; Germany; France; Switzerland; Italy; Spain; Japan; Finland; Netherlands; India; Singapore; Australia; Brazil; Mexico; Canada; South Korea; Argentina; Chile; Ireland; Spain; Norway; Sweden; Denmark; Portugal; Finland; Luxembourg . The Company provides its sputions in North America through its subsidiary company called ASI LLC that was formed in 2003 in New York City, New York . In Europe, the Company provides its sputions in United Kingdom through its subsidiary company called INTEC Ltd., Germany through its subsidiary named EZSputions GmbH & Co KG , France through its subsidiary named DigiConcepts SAS , Switzerland through its subsidiary named DigiConcepts SA , Italy through its subsidiary named DigiConcepts sas , Spain through its subsidiary named DigiConcepts SL , Finland through its subsidiary named DigiConcepts OY , Netherlands through its subsidiary named DigiConcepts BV , India through its subsidiary named DigiConcepts Private Limited , Singapore through its subsidiary named DigiConcepts Pte Ltd , Australia through its subsidiary named DigiConcepts Pty Ltd , Brazil through its subsidiary named DigiConcepts Ltda , Mexico through its subsidiary named DigiConcepts de Mexico S de RL de CV , Canada through its subsidiary named DigiConcepts Inc . In Asia Pacific region, the Company provides its sputions in Singapore through its subsidiary named ASI Asia Pte Ltd . In Brazil through its subsidiary named ASI Brasil Ltda . In Mexico through its subsidiary named ASI de Mexico S de RL de CV . In Canada through its subsidiary named ASI Canada Inc . The Company provides ITSM sputions under the brand name AUT

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