Ascend Software

Overview

Ascend Software is a company based in the United States, specializing in financial software solutions within the broader software industry. Founded in 1997, the company has a workforce of 51 to 200 employees and reported revenue of approximately $12.8 million. Ascend Software focuses on automating financial processes, particularly in Accounts Payable (AP), to enhance operational efficiency for various sectors, including healthcare. A case study featuring Sturdy Memorial, a regional healthcare system, illustrates the challenges faced by healthcare finance departments, such as the complexities of medical insurance and regulatory compliance. Sturdy Memorial transitioned to Workday Financial while simultaneously automating their AP operations, which allowed their team to reduce manual invoice processing significantly. This shift resulted in improved financial transparency and reduced the potential for human error, showcasing Ascend Software's commitment to facilitating innovation in financial operations. The company’s expertise lies in providing solutions that streamline financial workflows, thereby supporting organizations in managing their financial complexities more effectively.

Industry