April 25, 2025 – North America – SignUp Software, a global leader in financial process automation solutions for Microsoft Dynamics 365, has appointed Josh Torres as Director of Enterprise Partners, North America, reinforcing its commitment to accelerating growth through strategic partnerships.

In this newly created role, Torres will spearhead the recruitment, onboarding, and enablement of high-potential Dynamics 365 partners across the region. He will also be tasked with activating and managing strategic alliances to broaden the reach of SignUp Software’s core solutions—including ExFlow and the recently acquired Axtension portfolio.

“We’re excited to have Josh lead our enterprise partner efforts in North America,” said Karl Pringle, Enterprise Sales Director at SignUp Software. “His deep experience in partner management and the Dynamics 365 ecosystem makes him the ideal leader to scale our partner-first approach.”

This appointment comes at a time of significant growth for SignUp Software in North America. With over 100 million invoices processed through ExFlow and a global customer base of more than 3,500 organizations, the company is scaling rapidly. The acquisition of Netherlands-based ISV Axtension earlier this year further bolstered its position in the Microsoft ecosystem, expanding capabilities in AP automation, document management, and enterprise project solutions.

Torres will focus on:

• Deepening relationships with Microsoft and leading system integrators
• Building joint go-to-market strategies
• Ensuring partners and customers receive a world-class experience

“Having worked closely with partners and enterprise clients during my time at SignUp Software, I’ve seen firsthand the impact a strong partner ecosystem can have on customer success,” said Torres. “I’m excited to now dedicate my focus to building strategic alliances that drive scalable growth for our partners and deliver even greater value to our joint customers.”

SignUp Software continues its mission to become the #1 ISV for Microsoft Dynamics 365 globally, and expanding its partner ecosystem is a central pillar of that vision.

About SignUp Software

SignUp Software is a global Microsoft ISV, recognized for its innovative business solutions tailored to Microsoft Dynamics 365. With a growing network of over 150 partners and 3,500+ customers in 65 countries, the company is redefining financial process automation through its solutions, including ExFlow and Axtension. Learn more: https://www.signupsoftware.com

Boulder, CO – March 26, 2025. Mekorma, a leader in secure vendor compliance and payment solutions for Accounts Payables departments, and SignUp Software, a provider focusing on the Office of the CFO with a top-notch Procure-to-Pay (P2P), Accounts Payable invoicing solution, are proud to announce a strategic alliance that brings a fully integrated AP automation solution to the Microsoft 365 Business Central market. 

The partnership will be featured at Directions North America, taking place April 7–9, 2025, in Las Vegas, Nevada. The two companies will jointly demonstrate how their complementary technologies streamline the entire AP process—from invoice to payment. 

By combining SignUp Software’s expertise in invoice and expense automation with Mekorma’s robust vendor validation and payment processing capabilities, the partnership delivers a seamless, secure, and scalable AP solution for organizations looking to modernize their financial operations. 

“This alliance unlocks real value for our customers,” said Ora Goldman, CEO at Mekorma. “Together, we’re providing a complete and trusted workflow for AP departments—from intake through validation, all the way to final payment. We’re excited to build on this foundation by developing deeper product integration, sales collaboration, and joint support capabilities.” 

The partnership also signals both companies’ commitment to fostering meaningful relationships across the broader ISV ecosystem. 

“We’re thrilled to work with Mekorma because our solutions complement each other so well,” said Bob Monio, Director Partner & Sales SMB North America at SignUp Software. “We see tremendous opportunity not just for joint customers, but for mutual growth through co-selling, co-support, and continued innovation. There’s so much potential when ISVs come together to serve the market better.” 

Both companies emphasize that this alliance is part of a broader vision: to create open, collaborative partnerships across the P2P, AP and payments landscape, enabling customers to benefit from best-of-breed technologies that work together. 

To learn more about this strategic collaboration and see the solution in action, attendees of Directions NA can visit: 

• Mekorma at Premier Sponsor Exhibit Booth 136 or Expo Booth 227 

• SignUp Software at Diamond Sponsor Exhibit Booth 116 and Expo Booth 218 

Companies interested in setting up consultations are encouraged to: 

• Schedule a discovery call with Mekorma. 

• Book a demo with SignUp Software. 

About Mekorma: 

Mekorma helps AP professionals master payment processing with integrated software solutions that support efficiency, reduce unnecessary manual tasks, and maintain a secure and transparent process. For over three decades, Mekorma has been a respected leader in the Dynamics ERP space and continues to provide innovative solutions for our 5,000+ customers and partners. 

Press Contacts: 

Madina Karabalina, 

Product Marketing Manager - Mekorma 

madina@mekorma.com 

About SignUp Software: 

SignUp Software is a global Microsoft ISV and has established itself as a leader in innovative business solutions built specifically for Microsoft Dynamics 365. Through our extensive network of over 150 partners worldwide, we serve more than 2,000 customers across 65 countries. 

Press Contacts: 

Anthony Codinach, 

Marketing Executive, North America - SignUp Software

Anthony.codinach@signupsoftware.com 

Stockholm, 2025-02-19 - SignUp Software, a global Microsoft Independent Software Vendor (ISV) and a leader in innovative business solutions built specifically for Microsoft Dynamics 365, is pleased to announce the acquisition of DynamicWeb, a Danish-based company specializing in innovative eCommerce and PIM solutions connected to Microsoft Dynamics 365. Founded in 1999, DynamicWeb has positioned itself as a global leader by delivering a comprehensive product suite that combines eCommerce, Product Information Management (PIM), and Content Management—all tightly integrated with Microsoft Dynamics.

This strategic acquisition not only reinforces SignUp Software’s position as a provider of cutting-edge Microsoft-based solutions but also advances its vision of becoming the leading Microsoft ISV. In today’s market, where customers and partners often engage with multiple ISVs, SignUp aims to house consolidated expertise and business-critical solutions under one roof, delivering a more unified and streamlined experience. Moreover, with the e-commerce market growing rapidly, this move positions the company perfectly to seize  emerging opportunities and drive digital transformation for its global customer base.

“Adding DynamicWeb to the SignUp family represents an exciting opportunity to broaden our portfolio and deliver even greater value to our customers and partners,” said Olof Hedin, CEO of SignUp Software. “Both DynamicWeb and SignUp share a rich history dating back to 1999, along with many joint customers and partners. As we pursue our vision of becoming the leading Microsoft ISV, we understand that our customers and partners have traditionally managed relationships with multiple ISVs. This acquisition is a strategic step to simplify that experience while harnessing the rapid growth in the e-commerce sector. By combining DynamicWeb’s expertise in integrated commerce and PIM solutions with our renowned solutions for the office of the CFO and COO for Dynamics 365 Finance and Operations and Business Central, we are excited to deliver an even more unified and powerful value proposition.”

DynamicWeb’s robust platform is trusted by thousands of customers worldwide, empowering businesses to create scalable, customizable, and integrated digital solutions. Together, SignUp Software and DynamicWeb will enable organizations to optimize their processes, expand their digital footprint, and deliver exceptional customer experiences.

“Joining SignUp Software allows us to accelerate our mission of empowering businesses with world-class eCommerce and PIM solutions,” said Christian Beer, CEO of DynamicWeb.

About SignUp Software

SignUp Software is a global Microsoft ISV and has established itself as a leader in innovative business solutions built specifically for Microsoft Dynamics 365. Through an extensive network of over 150 partners worldwide, the company serve more than 2,000 customers across 65 countries.

Website: https://www.signupsoftware.com/

About DynamicWeb

DynamicWeb is a global leader in the delivering a product suite offering eCommerce, Product Information Management (PIM) and Content Management integrated to Microsoft Dynamics. Through a partner network of 175 partners, DynamicWeb serves
more than 1,500 customers across the globe.

Website: www.dynamicweb.com.

The Offering in brief:

• The Offering is expected to be conducted at a fixed price of SEK 80 per share, corresponding to a total market value of the Company's shares of approximately SEK 1,600 million prior to the Offering.
• The Offering includes a new share issue that is expected to raise approximately SEK 175-201 million to the Company before deduction of costs relating to the Offering.
• In order to cover a potential over-allotment in connection with the Offering, the Company has undertaken to issue an over-allotment option (the “Over-allotment Option”) to Pareto Securities to sell additional new shares corresponding to up to 15 percent of the Offering.
• Prior to the Offering, three investors have undertaken to subscribe for shares under certain conditions, and at the same price as other investors, corresponding to a total value of SEK 105 million. The three investors’ commitments are distributed as follows:
• Creades AB (publ) via endowment insurance: SEK 40 million
• Joh. Berenberg, Gossler & Co. KG (Asset Management): SEK 40 million
• Nordea Asset Management: SEK 25 million
• Full terms and conditions for the Offering will be available in the prospectus which is expected to be published 15 November 2021.
• The Offering is directed to the general public in Sweden as well as institutional investors in Sweden and internationally.
• First day of trading in the Company's shares on Nasdaq First North Growth Market is expected in the end of November 2021.

Background to the Offering
SignUp's Board of Directors and Management are of the opinion that the Offering, together with a broader ownership of the Company's shares, will positively contribute to the Company's continued growth and development. A broadening of the ownership of the Company's shares contributes to increased credibility and awarenes as well as a quality stamp that the Company believes will benefit both customer and supplier relationships and assist in attracting and retaining staff.

The Offering is expected to provide SignUp with approximately SEK 175-201 million, before usual issue costs, depending on the extent to which the Over-allotment Option is exercised. The issue costs are estimated to amount to approximately SEK 14 million, hence the Offering is expected to provide SignUp with net proceeds of approximately SEK 161 million (excluding the Over-allotment Option). As the Company is already cash flow positive, the Company intends to use all of the expected net proceeds from the Offering to make potential selective additional acquisitions to further accelerate growth.

Olof Hedin, CEO, comments:
"SignUp started automating financial processes through the product ExFlow 20 years ago. Today we have 1,100 customers and 90 partners around the world, which give us a stable foundation for continued expansion. In recent years, demand has accelerated for solutions that help companies and organizations work more decentralized, faster, more securely and with better control and traceability. This is exactly what SignUp can deliver through a SaaS (Software as a Service) service built into Microsoft's ERP Dynamics. I look forward to continuing to develop both our product range and the organization to the next level and the IPO is an important step for the Company's continued development.”

Göran Garvner, Chairman of the board, comments:
“With proud eyes, we can now look back in our history and see that some of our early decisions were very successful, e.g. to only rent out our products and create what we now call ARR, have a strong cash flow and conduct sales and marketing via the Microsoft partner channel that is available worldwide. With new shareholders and stronger resources, we will increase the pace but still have the above leitmotifs as a basis for our business. At SignUp, we are convinced that the future will be at least as bright as our fine history ”

About SignUp Software AB (publ)
SignUp is a fast-growing software company that offers a comprehensive solution, ExFlow, for accounts payable automation built into Microsoft's ERP Dynamics. The Company has established itself as a global player with a number of large companies as customers and several partnerships through, among others, TietoEvry, CGI and Columbus. SignUp was founded in 1999 and is a global company with 86 full-time employees, headquartered in Sundbyberg, Sweden, with additional offices in Denmark, Australia, the Netherlands and the USA. During January - September 2021, the Company's net sales amounted to approximately SEK 134 million, which corresponds to an organic net sales growth of 23.6 percent with an EBITA margin of approximately 19.7 percent and annual recurring revenue ("ARR") per 30 September 2021 of SEK 174 million.

Financial targets
SignUp has set the following medium term financial goals[1]:

• In the medium term, ARR shall grow by at least 25 percent organically per year.
• Achieve an EBITA margin in the medium term of approximately 20 percent, however, the margin in the short term will be negatively affected by growth investments (organic and / or acquisitions) that the Company deems are creating long-term value for shareholders.
• The company's dividend policy is to distribute at least 25 percent of earnings per share in the medium term.

Advisors
Pareto acted as Sole Global Coordinator och Sole Bookrunner, Setterwalls Advokatbyrå is the legal advisor to the Company and Baker McKenzie is the legal advisor to Pareto in connection with the Offering. FNCA Sverige AB is the Company's certified advisor and can be contacted at info@fnca.se or +46 8 528 00 399.