Webexpenses, the expense management software company, has merged with Zudello, a finance automation platform launched in Australia in 2018. The deal was announced on October 13, 2026 and reported by the trade site Australian FinTech.
Financial terms were not disclosed, and the announcement did not set out which company's shareholders will own what share of the combined business.
Customers of both companies will keep logging in to and being supported by the brand they know. Products, pricing, contracts, support and data privacy arrangements stay as they are. Zudello founder and chief executive Neville Woller described the outcome as the same product and the same team, with more behind it.
What Zudello built
Zudello automates the paperwork of finance departments. Its platform extracts information from invoices and other documents so that staff do not have to type it in, and it covers accounts payable, accounts receivable, order management, contract management and budgeting. The company says it adapts to a customer's existing accounting or ERP system and supports thousands of users.
Its selling point is verification. Finance leaders are wary of automated tools because unseen errors can be costly and it is often unclear how a system arrived at a number, so many end up redoing the work by hand. Zudello lets users check each step of the automation, which also gives them a way to show auditors and regulators how a figure was produced.
Woller, according to Zudello's website, has founded three software businesses in accounting software and has more than ten years' experience designing products using AI, machine learning and recognition technology. Customers quoted on the site include Storage King Australia and New Zealand and HUB24.
One testimonial on the site, from the chief financial officer of Storage King's Australian and New Zealand group, says the company had used Zudello for more than two years across all its managed entities and locations, configuring its workflows to fit the business and gaining efficiencies and tighter control for its finance and operations teams.
“We built Zudello for finance teams who need to check the work, not just trust the output.”
Why Webexpenses is merging
Since it started in 2000, Webexpenses has sold expense management as a standalone product and relied on partners for related tasks. It sells to finance teams in the UK, Asia-Pacific and North America.
Chief executive Joe Sanchez said finance teams are always the last people in the office at month end because they run their work across several systems that each hold only part of the picture. Bringing Zudello into the group, he said, lets Webexpenses pull the information out of those separate tools and turn it into something a finance leader can act on. He said Zudello had built software that finance teams trust because its results can be checked, and that Webexpenses knows how to take it to the world.
For Zudello, the merger offers a global route to market. Woller said joining forces gives the company serious investment behind its product roadmap without changing anything its customers rely on.
The announcement presented the merger as a combination of Webexpenses' quarter-century of experience and established sales operations with Zudello's newer automation products, with checking and accuracy put ahead of what it called technological theatrics.
What happens to customers
Over time, customers of both companies are meant to gain access to a wider set of finance tools without signing up with another supplier. Zudello's platform and roadmap will receive more investment, and Webexpenses will keep to its own roadmap while adding automation features.
The companies describe the end goal as a single platform for the office of the chief financial officer, built by connecting products customers already use rather than forcing them to move to something new.
The announcement did not say how many people work at the two companies, or whether Zudello had raised outside capital before the deal. Zudello's website lists two other senior figures alongside Woller: an entrepreneur who has started and sold five global businesses, and a former director of the property group PRDnationwide.
