Community Short Facts - May 2022


Positive development
xSuite continued its growth trajectory in the 2021 financial year and achieved revenue of EUR 40 million for the Group as a whole while maintaining high profitability. The cloud business in particular grew very strongly. The number of employees in the company as a whole rose to 230, with the subsidiaries in Denmark, the Netherlands, Singapore, Slovakia, Spain and the USA also making a significant contribution to the positive overall result. xSuite was able to increase the number of its customer projects by a further six percent last year.
New customers include the US automotive supplier and medical technology manufacturer Gentherm and the shoe manufacturer Crocs (also in the USA). Cloud first is the model of the future for xSuite. In the future, invoice processing processes will also increasingly be moved to the cloud, for example to the SAP Business Technology Platform. The company is continuing to develop its products in this direction, increasingly using artificial intelligence. More and more SAP users will switch to the new S/4 Hana product generation and move to the cloud.

xSuite