TORONTO, Ontario – December 15, 2016
Nexonia, a leading provider of web and mobile business financial management solutions, and Tallie, the Accounting profession’s #1 expense report solution, today announced that the two companies will merge, effective immediately.
The combined company will form the largest and fastest growing independent time and expense management platform, giving customers feature-rich SaaS financial management software, best-in-class highly configurable integrations and industry-leading customer service, producing an undisputed leader in the time and expense management space. The company is recognized as the only expense management solution in G2 Crowd’s top 25 mid-market software list, and was awarded with Industry Leader status in the Expense Management category.
This merger demonstrates the organization’s commitment to innovation and growth in the cloud-based financial management marketplace, providing best-in-class products and integrations to meet the demands of today’s growing businesses.
“Tallie is thrilled to join forces with the Nexonia team.” said Chris Farrell, CEO. “Given the emphasis that both of our companies place on product excellence and outstanding customer service, we look forward to elevating the expectations of our industry.”
As the largest independent provider of time and expense management solutions, the combined company will support unparalleled integrations with Intacct, NetSuite, QuickBooks, Microsoft, Sage, and Xero, while simultaneously providing a frictionless customer experience through their award-winning QuickBooks integration.
“We look forward to tapping into the strength of this combination to deliver an unsurpassed experience to our customers, and to keep providing great value to our partners.” said Pascal Paradis-Théberge, CTO and co-founder of Nexonia.
Customers of the company include Smarsh, FitBit, SurveyMonkey, Shopify, DoubleDutch, CheckPoint Software, Marketo, Indeed and Crossfit, Withum, and HoganTaylor.
“As a combined business, I look forward to working with Chris and the entire organization as we embark on the next stage of growth. With this combination, we lead the industry as the dominant organization in the Time and Expense Management space.” said Steven Horniak, CFO.
The combined company will maintain operations out of offices in Canada and the United States in order to serve their clients.
About The Company
As the dominant provider of web and mobile expense, time, and business financial management solutions, the company is the leading mobile SaaS expense report software innovator and enabler of the complete cloud-based accounting ecosystem, giving clients a simple-to-use and highly customizable application that provides unsurpassed, award-winning integration with ERPs and credit cards. Their solutions have been designed In close collaboration with users, CPA practitioners, and industry-leading accounting, technology, and financial partners, creating mobile expense report software recognized as industry-leading by CPA Practice Advisor, Inc. Magazine and The Sleeter Group. www.nexonia.com www.tallie.com
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