“Can a document-automation SaaS become the financial process OS for enterprise finance teams by embedding payments and working capital into O2C and S2P workflows?”
Founded in 1985 as a document-automation company (fax, host access, mailing services), Esker steadily evolved into a cloud SaaS platform for the Office of the CFO, with Source-to-Pay and Order-to-Cash suites. The 2021 launch of Esker Pay marked its embedded-finance pivot — adding payment acceptance, supplier payouts, and supply-chain financing on top of its document workflows via fintech partnerships (notably Stripe) rather than building its own regulated rails.
Esker processes payments through Stripe Connect.
Esker integrates with SAP, Microsoft Dynamics, Oracle, Sage and QAD.
The Embedded Finance Index 2026 maps 3 layers in Esker's stack: Payments / PSP (Stripe Connect); Lending (Esker Pay — supply chain financing and Early payment discount program); Accounting (SAP, Microsoft Dynamics, Oracle, Sage and 1 other).
Esker was founded by Jean-Michel Bérard and is founded in 1985, headquartered in Lyon, France.
Get a read on where your own stack stands against Esker and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.