74Software: solid Q3 growth and continued subscription expansion. October 29, 2026 02:30 ET | Source: 74Software Paris, October 29, 2026 74Software (Euronext Paris: 74SW) reported Q3 2026 revenue of €183.9 million, up 5.8% organically, supported by subscription growth at both Axway and SBS. Product revenue increased by 9.5% organically, while ARR grew by close to 10% year on year at constant exchange rates for both brands. The Group confirmed its full-year objectives. | Key Financial Indicators - Q3 2026 | / | / | / | | Indicator | Q3 2026 (€m) | Q3 2025 Comparison base (€m)* | Change / Ratio | | Revenue | 183.9 | 173.9 | Organic growth: 5.8% | | Product revenue | 154.4 | 141 | Organic growth: 9.5% | | ARR at period-end - Axway | 294.2 | 267.7 | 9.9% YoY at constant FX | | ARR at period-end - SBS | 257.3 | 235.1 | 9.4% YoY at constant FX | | Net debt at period-end | 192.6 | 196.1 | Down €3.6m YoY | | / | / | / | * Revenue comparatives at 2026 scope and exchange rates. | Business Highlights * At 74Software, growth in both subscription models more than offset lower Maintenance & Support revenue. Product revenue represented 84.0% of Group revenue, compared with 81.1% a year earlier, reflecting the continued shift in the Group's revenue mix toward software. * Axway recorded new MFT customer wins in the automotive and luxury goods sectors, alongside renewals and extensions in healthcare and financial services. Amplify Fusion recorded 83 new customer contracts across the Group over the first nine months and remains on track to meet its annual target of 100. * SBS combined strong subscription growth with contrasting trends across its portfolio. ARR grew at double-digit rates in Integrated Products, Modular Products and Financing Products, while Banking Components remained slightly below the previous year's level. Lower Services activity, reflecting a deliberate focus on higher-value engagements, moderated overall revenue growth. Commercial highlights included a contract for SBS Digital Banking Suite with an existing customer in the consumer finance sector, extending SBS's role from core banking to customer-facing digital services and illustrating the cross-selling potential of its portfolio. * Product development and investment focused on extending customers' existing software environments. Axway continued to develop its Amplify platform, including Fusion and AI governance capabilities, and to commercialize Workbench for unified MFT monitoring and operational control. An industry analyst assessment also gave Axway the highest scores for distributed API management and API productization. SBS continued to invest in SBS Digital Core, SBS Digital Banking Suite and AI. SBS AI Foundation, built on NVIDIA technologies and already in production with a UK customer, enables banks to use AI while retaining control over their data environment. Its roadmap also includes process automation through AI agents, drawing in particular on the AI Control Plane developed by Axway. Patrick Donovan, Chief Executive Officer, stated: "I am happy to see our continued transition towards subscriptions supporting product revenue growth in Q3 and over the first nine months. New MFT customer wins and further Amplify Fusion contracts supported Axway's commercial activity, while SBS secured important renewals and expanded its software relationships with existing customers. Our priority is to convert this progress into cash while maintaining cost discipline. The performance over the first nine months gives us confidence in delivering our full-year targets as we continue to invest in our products and work toward our 2028 ambitions." Q3 2026 Activity | Revenue by Portfolio Brand | | / | Q3 2026 | Q3 2025 Reported | Q3 2025 Restated* | Total Growth | Organic Growth | | €m / % | | Axway Scope | 87.6 | 82.6 | 83.4 | 6.1% | 5.1% | | SBS Scope | 96.7 | 90.8 | 91.1 | 6.5% | 6.1% | | Consolidation | -0.3 | -0.5 | -0.5 | / | / | | 74Software | 183.9 | 172.8 | 173.9 | 6.5% | 5.8% | | * Revenue at 2026 scope and exchange rates | Q3 revenue reached €183.9 million, up 6.5% on a reported basis and 5.8% organically. Axway contributed €87.6 million, up 5.1% organically, while SBS generated €96.7 million, up 6.1% organically. | Q3 Revenue by Type | | / | Q3 2026 | Q3 2025 Reported | Q3 2025 Restated* | Total Growth | Organic Growth | | €m / % | | Product revenue | 154.4 | 140.1 | 141.0 | 10.2% | 9.5% | | Recurring revenue | 145.7 | 129.2 | 130.2 | 12.8% | 11.9% | | o/w Maintenance & Support | 37.2 | 43.7 | 44.0 | -14.9% | -15.4% | | o/w Customer-managed Subscription | 68.0 | 51.0 | 51.4 | 33.4% | 32.2% | | o/w Upfront Revenue | 37.4 | 29.6 | 29.6 | 26.2% | 26.2% | | o/w Recurring | 30.6 | 21.4 | 21.8 | 43.3% | 40.4% | | o/w Own-managed Subscription | 40.5 | 34.5 | 34.8 | 17.4% | 16.5% | | License revenue | 8.7 | 10.9 | 10.8 | -19.9% | -19.6% | | Services revenue | 29.5 | 32.7 | 32.9 | -9.8% | -10.3% | | Total revenue | 183.9 | 172.8 | 173.9 | 6.5% | 5.8% | | * Revenue at 2026 scope and exchange rates | Product revenue reached €154.4 million, up 9.5% organically, and represented 84.0% of Group revenue, compared with 81.1% a year earlier. Recurring revenue increased by 11.9% organically to €145.7 million, equivalent to 94.3% of Product revenue. Axway's Product revenue amounted to €79.0 million, up 5.6% organically. Own-managed subscriptions increased by 22.3% to €17.2 million, while customer-managed subscriptions grew by 14.4% to €52.8 million. These increases more than offset a 35.3% decline in Maintenance & Support revenue to €7.8 million, reflecting the continued transition toward subscriptions. SBS's Product revenue grew by 13.4% organically to €75.8 million. Customer-managed subscriptions contributed the largest increase, reaching €15.5 million, compared with €5.3 million a year earlier. Own-managed subscriptions rose by 9.7% to €23.4 million, while Maintenance & Support revenue declined by 7.9% to €29.4 million. Overall, recurring revenue increased by 16.7% to €68.2 million. License revenue declined by 19.6% organically to €8.7 million. Axway contributed €1.2 million, down 53.2% against a prior-year comparison of €2.5 million, while SBS generated €7.6 million, down 9.6%. Services revenue amounted to €29.5 million, down 10.3% organically. It remained broadly stable at Axway, at €8.6 million, and declined by 14.0% at SBS, to €20.9 million. Services accounted for 16.0% of Group revenue, compared with 18.9% a year earlier. For the first nine months of 2026, Group revenue reached €550.9 million, up 6.6% on a reported basis and 7.7% organically. Axway generated €262.2 million, up 9.4% organically, while SBS contributed €290.0 million, up 6.0%. Product revenue increased by 10.4% organically to €458.5 million, including recurring revenue of €423.3 million, up 10.6% organically. On an organic basis, License revenue grew by 7.3% to €35.2 million, while Services revenue declined by 4.1% to €92.4 million. | ARR Breakdown by Product Line at Constant Exchange Rates as of End-Q3 2026 | | / | 2025 | 2026 | YoY Change at constant FX | | €m | | / | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | | Axway | 255.7 | 260.2 | 267.7 | 278.2 | 278.3 | 289.3 | 294.2 | + 9.9% | | Managed File Transfer | 108.3 | 110.4 | 112.5 | 121.3 | 120.5 | 125.1 | 126.7 | + 12.7% | | B2B Integration | 58.7 | 61.2 | 63.6 | 64.3 | 63.8 | 65.8 | 64.3 | + 1.2% | | API Management | 48.3 | 49.5 | 52.4 | 53.1 | 55.4 | 58.8 | 63.9 | + 21.8% | | Specialized Products | 40.5 | 39.1 | 39.2 | 39.5 | 38.5 | 39.6 | 39.4 | + 0.3% | | SBS | 229.1 | 232.4 | 235.1 | 245.4 | 249.4 | 253.4 | 257.3 | + 9.4% | | Integrated Products | 94.1 | 96.3 | 94.9 | 100.0 | 103.9 | 106.5 | 107.5 | + 13.3% | | Banking Components | 47.8 | 46.8 | 46.3 | 49.2 | 47.0 | 45.8 | 45.7 | - 1.3% | | Modular Products | 25.3 | 28.0 | 29.6 | 30.3 | 31.8 | 31.7 | 33.3 | + 12.5% | | Financing Products | 61.9 | 61.3 | 64.2 | 65.8 | 66.7 | 69.4 | 70.8 | + 10.1% | At September 30, 2026, Axway ARR reached €294.2 million, up 9.9% at constant exchange rates, supported by growth in Managed File Transfer (12.7%) and API Management (21.8%), including Amplify Fusion. SBS ARR reached €257.3 million, up 9.4% at constant exchange rates, with growth in Integrated Products (13.3%), Modular Products (12.5%) and Financing Products (10.1%), partly offset by a 1.3% decline in Banking Components. Financial position as of September 30, 2026 As of September 30, 2026, 74Software's net debt amounted to €192.6 million, compared with €181.3 million at June 30, 2026 and €193.0 million at December 31, 2025. Cash and cash equivalents stood at €82.0 million, while gross financial debt amounted to €274.6 million. Under its share buyback program, the Group repurchased 641,315 shares for €22.4 million during the first nine months of 2026, at a weighted average price of €34.8 per share, including 220,263 shares for €8.3 million during Q3. These repurchases form part of the Group's previously announced intention to acquire up to 800,000 shares in 2026 to cover its employee long-term incentive plans. Internal Legal Reorganization As announced on September 16, 2026, 74Software will transfer Axway's French operating activities to its wholly owned subsidiary, Axway SAS, effective November 1, 2026. The reorganization brings the Group's legal structure into line with its portfolio-based operating model. Under this model, 74Software serves as the listed parent company, responsible for Group strategy, capital allocation and governance, while its software businesses manage operations. The transaction has no impact on the Group's scope of consolidation or strategy, or on Axway's business operations. Outlook & Targets The performance over the first nine months reinforces 74Software's confidence in achieving its full-year organic revenue growth guidance. The Group confirms its 2026 objectives, as updated in July. Organic revenue growth in Q4 is expected to be more moderate than over the first nine months, reflecting contract phasing and prior-year comparisons. Disciplined cost management and cash conversion remain priorities through year-end. | 2026 Guidance and Medium-term ambition | | FY 2026 Guidance Raised in July, confirmed At constant exchange rates | - Organic revenue growth: 4% to 6% - Margin on operating activities: 16% to 18% - Unlevered free cash flow: around 10% of revenue | | Medium-term ambition | - Revenue close to €800m and margin on operating activities ~ 20% by end-2028 - €1bn revenue ambition over the medium term, including selective acquisitions | Financial Calendar * Wednesday, February 24, 2027, after market close: FY 2026 Results * Wednesday, April 21, 2027, after market close: Q1 2027 Revenue Glossary and Alternative Performance Measures Axway ARR: Annual Recurring Revenue - Expected annual billing amounts from all active maintenance and subscription agreements. Brand Contribution: Contribution to profit on operating activities from the two brands (Axway and SBS) before centrally managed general and administrative expenses. SBS ARR: Annual Recurring Revenue - Monthly recurring revenue (MRR) for the last month of the reporting period multiplied by 12. Where contracts are affected by seasonality or contracted volume-based elements, the last 12 months of revenue are aggregated in determining ARR. Expected recurring revenue from contracts signed but not yet active is not included in ARR. NPS: Net Promoter Score - Customer satisfaction and recommendation indicator for a company. Organic growth: Growth in revenue between the period under review and the prior period, restated for consolidation scope and exchange rate impacts. Profit on operating activities: Profit from recurring operations adjusted for the non-cash share-based payment expense, as well as the amortization of allocated intangible assets. Restated revenue: Revenue for the prior year, adjusted for the consolidation scope and exchange rates of the current year. Unlevered free cash flow: Free cash flow before exceptional items and before net interest expense. About 74Software 74Software is an enterprise software group combining Axway and SBS - independently operated leaders delivering mission-critical software for a data-driven world. A pioneer in enterprise integration solutions for 25 years, Axway supports major corporate and government customers around the globe. SBS empowers banks and financial institutions to reimagine tomorrow's digital experiences with a composable cloud-based architecture that enables deposits, lending, compliance, payments, consumer finance and asset finance services. 74Software serves more than 12,000 companies, including over 1,500 financial services customers. To learn more, visit 74Software.com. Contacts - Investor Relations: Appendices (1/4) | Changes in Main Exchange Rates | | For €1 | Average Rate | Average Rate | Change | | / | 9M 2026 | 9M 2025 | | US Dollar | 1.161 | 1.119 | -3.6% | | Pound Sterling | 0.863 | 0.851 | -1.5% | | Indian Rupee | 109.071 | 96.808 | -11.2% | | Impact on Nine-month Revenue of Changes in Scope and Exchange Rates | | €m / % | 9M 2026 | 9M 2025 | Growth | | Revenue | 550.9 | 516.8 | + 6.6% | | Changes in exchange rates | / | -5.0 | / | | Revenue at constant exchange rates | 550.9 | 511.7 | + 7.7% | | Changes in scope | / | +0.0 | / | | Revenue at constant scope and exchange rates | 550.9 | 511.7 | + 7.7% | | Quarterly Revenue Breakdown by Portfolio Brand | | / | Q1 2026 | Q2 2026 | Q3 2026 | 9M 2026 | | €m | | Axway Scope | 89.0 | 85.6 | 87.6 | 262.2 | | SBS Scope | 94.0 | 99.3 | 96.7 | 290.0 | | Consolidation | -0.4 | -0.6 | -0.3 | -1.2 | | 74Software | 182.7 | 184.3 | 183.9 | 550.9 | | Nine-month Revenue by Type | | / | 9M 2026 | 9M 2025 Reported | 9M 2025 Restated* | Total Growth | Organic Growth | | €m / % | | Product revenue | 458.5 | 420.1 | 415.4 | 9.1% | 10.4% | | Recurring revenue | 423.3 | 387.2 | 382.6 | 9.3% | 10.6% | | o/w Maintenance & Support | 114.3 | 135.2 | 133.7 | -15.5% | -14.5% | | o/w Customer-managed Subscription | 192.4 | 149.7 | 148.0 | 28.6% | 30.0% | | o/w Upfront Revenue | 110.1 | 86.0 | 84.8 | 28.1% | 29.9% | | o/w Recurring | 82.3 | 63.7 | 63.2 | 29.2% | 30.1% | | o/w Own-managed Subscription | 116.6 | 102.3 | 100.8 | 14.0% | 15.6% | | License revenue | 35.2 | 33.0 | 32.8 | 6.7% | 7.3% | | Services revenue | 92.4 | 96.6 | 96.4 | -4.4% | -4.1% | | Total revenue | 550.9 | 516.8 | 511.7 | 6.6% | 7.7% | | * Revenue at 2026 scope and exchange rates | | Quarterly Revenue Breakdown by Type | | / | Q1 2026 | Q2 2026 | Q3 2026 | 9M 2026 | | €m | | Product revenue | 150.8 | 153.2 | 154.4 | 458.5 | | Recurring revenue | 137.2 | 140.4 | 145.7 | 423.3 | | o/w Maintenance & Support | 38.8 | 38.3 | 37.2 | 114.3 | | o/w Customer-managed Subscription | 60.7 | 63.8 | 68.0 | 192.4 | | o/w Upfront Revenue | 35.6 | 37.2 | 37.4 | 110.1 | | o/w Recurring | 25.1 | 26.6 | 30.6 | 82.3 | | o/w Own-managed Subscription | 37.7 | 38.4 | 40.5 | 116.6 | | License revenue | 13.7 | 12.8 | 8.7 | 35.2 | | Services revenue | 31.9 | 31.1 | 29.5 | 92.4 | | Total revenue | 182.7 | 184.3 | 183.9 | 550.9 | Appendices (2/4) | ARR Breakdown by Type at Constant Exchange Rates as of End-Q3 2026 | | / | 2025 | 2026 | YoY Change at constant FX | | €m | | / | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | | Axway | 255.7 | 260.2 | 267.7 | 278.2 | 278.3 | 289.3 | 294.2 | + 9.9% | | Maintenance and support | 50.7 | 46.4 | 41.3 | 37.0 | 34.8 | 30.0 | 26.5 | - 35.8% | | Customer-managed subscription | 149.9 | 156.4 | 166.6 | 179.9 | 181.6 | 196.6 | 200.7 | + 20.5% | | Own-managed subscription | 55.2 | 57.4 | 59.8 | 61.2 | 61.9 | 62.7 | 67.0 | + 12.0% | | SBS | 229.1 | 232.4 | 235.1 | 245.4 | 249.4 | 253.4 | 257.3 | + 9.4% | | Maintenance and support | 142.2 | 142.0 | 147.7 | 142.7 | 134.2 | 133.0 | 129.3 | - 12.5% | | Customer-managed subscriptions | 15.1 | 14.3 | 7.8 | 18.9 | 29.5 | 32.2 | 35.7 | + 355.3% | | Own-managed subscriptions | 71.8 | 76.1 | 79.5 | 83.7 | 85.6 | 88.2 | 92.3 | + 16.1% | | Nine-month Revenue Breakdown by Region | | / | 9M 2026 | 9M 2025 Reported | 9M 2025 Restated* | Total Growth | Organic Growth | | / | €m | % of Rev. | | Europe | 323.4 | 58.7% | 309.5 | 308.1 | 4.5% | 5.0% | | o/w France | 150.9 | 27.4% | 147.3 | 147.2 | 2.5% | 2.5% | | o/w UK | 76.3 | 13.8% | 70.9 | 70.0 | 7.5% | 9.0% | | Americas | 123.9 | 22.5% | 114.3 | 110.7 | 8.4% | 11.9% | | Middle East & Africa | 76.4 | 13.9% | 66.1 | 66.0 | 15.7% | 15.7% | | Asia & Pacific | 27.3 | 4.9% | 26.9 | 26.9 | 1.5% | 1.5% | | 74Software | 550.9 | / | 516.8 | 511.7 | 6.6% | 7.7% | | * Revenue at 2026 scope and exchange rates | Appendices (3/4) - Axway | Q3 Revenue by Type - Axway | | / | Q3 2026 | Q3 2025 Reported | Q3 2025 Restated* | Total Growth | Organic Growth | | €m / % | | Product revenue | 79.0 | 73.9 | 74.7 | 6.9% | 5.6% | | Recurring revenue | 77.8 | 71.4 | 72.3 | 9.0% | 7.7% | | o/w Maintenance & Support | 7.8 | 11.8 | 12.1 | -33.8% | -35.3% | | o/w Customer-managed Subscription | 52.8 | 45.7 | 46.1 | 15.6% | 14.4% | | o/w Upfront Revenue | 29.2 | 28.2 | 28.2 | 3.6% | 3.6% | | o/w Recurring | 23.6 | 17.5 | 18.0 | 34.9% | 31.5% | | o/w Own-managed Subscription | 17.2 | 13.9 | 14.0 | 23.8% | 22.3% | | License revenue | 1.2 | 2.5 | 2.5 | -53.7% | -53.2% | | Services revenue | 8.6 | 8.7 | 8.6 | -0.4% | 0.2% | | Total revenue Axway | 87.6 | 82.6 | 83.4 | 6.1% | 5.1% | | * Revenue at 2026 scope and exchange rates | | Nine-month Revenue by Type - Axway | | / | 9M 2026 | 9M 2025 Reported | 9M 2025 Restated* | Total Growth | Organic Growth | | €m / % | | Product revenue | 236.2 | 217.2 | 213.9 | 8.8% | 10.4% | | Recurring revenue | 230.1 | 213.0 | 209.8 | 8.1% | 9.7% | | o/w Maintenance & Support | 25.8 | 39.1 | 38.2 | -34.0% | -32.5% | | o/w Customer-managed Subscription | 156.0 | 132.7 | 131.0 | 17.5% | 19.0% | | o/w Upfront Revenue | 91.4 | 80.0 | 78.8 | 14.3% | 16.0% | | o/w Recurring | 64.5 | 52.7 | 52.2 | 22.5% | 23.5% | | o/w Own-managed Subscription | 48.4 | 41.2 | 40.6 | 17.4% | 19.3% | | License revenue | 6.1 | 4.2 | 4.1 | 44.4% | 47.4% | | Services revenue | 26.0 | 26.2 | 25.8 | -0.6% | 0.8% | | Total revenue Axway | 262.2 | 243.3 | 239.7 | 7.8% | 9.4% | | * Revenue at 2026 scope and exchange rates | | Quarterly Revenue Breakdown by Type - Axway | | / | Q1 2026 | Q2 2026 | Q3 2026 | 9M 2026 | | €m | | Product revenue | 80.1 | 77.2 | 79.0 | 236.2 | | Recurring revenue | 76.3 | 76.1 | 77.8 | 230.1 | | o/w Maintenance & Support | 9.4 | 8.5 | 7.8 | 25.8 | | o/w Customer-managed Subscription | 51.4 | 51.8 | 52.8 | 156.0 | | o/w Upfront Revenue | 31.6 | 30.7 | 29.2 | 91.4 | | o/w Recurring | 19.8 | 21.1 | 23.6 | 64.5 | | o/w Own-managed Subscription | 15.5 | 15.8 | 17.2 | 48.4 | | License revenue | 3.8 | 1.1 | 1.2 | 6.1 | | Services revenue | 9.0 | 8.4 | 8.6 | 26.0 | | Total revenue - Axway | 89.0 | 85.6 | 87.6 | 262.2 | Appendices (4/4) - SBS | Q3 Revenue by Type - SBS | | / | Q3 2026 | Q3 2025 Reported | Q3 2025 Restated* | Total Growth | Organic Growth | | €m / % | | Product revenue | 75.8 | 66.8 | 66.8 | 13.5% | 13.4% | | Recurring revenue | 68.2 | 58.4 | 58.5 | 16.9% | 16.7% | | o/w Maintenance & Support | 29.4 | 31.9 | 31.9 | -7.9% | -7.9% | | o/w Customer-managed Subscription | 15.5 | 5.3 | 5.2 | 194.0% | 194.7% | | o/w Upfront Revenue | 8.1 | 1.4 | 1.4 | 482.1% | 482.1% | | o/w Recurring | 7.3 | 3.9 | 3.8 | 89.5% | 90.1% | | o/w Own-managed Subscription | 23.4 | 21.2 | 21.3 | 10.2% | 9.7% | | License revenue | 7.6 | 8.4 | 8.4 | -9.7% | -9.6% | | Services revenue | 20.9 | 24.0 | 24.3 | -13.2% | -14.0% | | Total revenue SBS | 96.7 | 90.8 | 91.1 | 6.5% | 6.1% | | * Revenue at 2026 scope and exchange rates | | Nine-month Revenue by Type - SBS | | / | 9M 2026 | 9M 2025 Reported | 9M 2025 Restated* | Total Growth | Organic Growth | | €m / % | | Product revenue | 223.5 | 204.5 | 203.0 | 9.3% | 10.1% | | Recurring revenue | 194.4 | 175.7 | 174.3 | 10.7% | 11.5% | | o/w Maintenance & Support | 88.5 | 96.1 | 95.5 | -7.9% | -7.3% | | o/w Customer-managed Subscription | 37.7 | 17.0 | 17.0 | 121.9% | 121.5% | | o/w Upfront Revenue | 18.7 | 6.0 | 6.0 | 212.0% | 212.0% | | o/w Recurring | 19.0 | 11.0 | 11.0 | 72.6% | 72.2% | | o/w Own-managed Subscription | 68.2 | 62.6 | 61.8 | 9.0% | 10.4% | | License revenue | 29.1 | 28.8 | 28.7 | 1.2% | 1.5% | | Services revenue | 66.4 | 70.5 | 70.5 | -5.8% | -5.8% | | Total revenue SBS | 290.0 | 275.0 | 273.6 | 5.5% | 6.0% | | * Revenue at 2026 scope and exchange rates | | Quarterly Revenue Breakdown by Type - SBS | | / | Q1 2026 | Q2 2026 | Q3 2026 | 9M 2026 | | €m | | Product revenue | 71.1 | 76.6 | 75.8 | 223.5 | | Recurring revenue | 61.3 | 64.9 | 68.2 | 194.4 | | o/w Maintenance & Support | 29.4 | 29.7 | 29.4 | 88.5 | | o/w Customer-managed Subscription | 9.7 | 12.6 | 15.5 | 37.7 | | o/w Upfront Revenue | 4.0 | 6.5 | 8.1 | 18.7 | | o/w Recurring | 5.6 | 6.0 | 7.3 | 19.0 | | o/w Own-managed Subscription | 22.2 | 22.6 | 23.4 | 68.2 | | License revenue | 9.9 | 11.7 | 7.6 | 29.1 | | Services revenue | 22.9 | 22.7 | 20.9 | 66.4 | | Total revenue SBS | 94.0 | 99.3 | 96.7 | 290.0 |

The global interoperability framework in action: DBNA and e-invoicing in the US. Key takeaways. * DBNA introduces the standardized e-invoice 4-corner exchange framework in the US, aligned with the Global Interop Framework, aimed at enhancing B2B payment efficiency. * DBNA shares building blocks with Peppol and GENA, utilizing XML in UBL syntax for invoice definition and implementing SMP version 2 and XHE envelope. * DBNA plans for a federated governance model, distinguishing itself from centralized approaches of GENA and Peppol, offering diverse participant registration options. * Axway eInvoicing integrates with DBNA, Peppol, and GENA, providing a unified platform for global, standards-driven, and efficient digital invoicing. Businesses active in the US know that for electronic invoicing, uptake is not on the same level compared to payment automation. The EDI 810 invoice syntax, a 50-year-old pre-Edifact message based on ANSI X12 standard, is still a common exchange format. And no, sending PDFs by e-mail is not what Axway Software SA consider e-invoicing. DBNA and the definition of an e-invoice interoperability framework. But also in the US there has been a demand for improved efficiency accessible to business of all sizes. Business Payments Coalitions (BPC) is an organization to promote greater adoption of electronic (B2B) payments, remittance data and invoices and was the driving initiative behind DBNA. As e-delivery infrastructure, the standard 4 corner e-Invoice Exchange Framework has been selected, which is in line with the Global Interop Framework standard (gifwork.io) as being implemented by Peppol and GENA. Compared to the European implementation and Peppol, there some differences in some technical components selected for the infrastructure, but the approach and business process is identical. The payload (i.e. the definition of the invoice), will be XML in UBL syntax. The DBNA profile is derived from PINT (Peppol International Invoice specification), so also here lots of familiarities. Also here Axway Software SA can see differences, but also in the European context Axway Software SA is used to having national specifications. DBNA governance. After successful completion of a market pilot, the Digital Business Networks Alliance (DBNAlliance) has been created as the legal entity to oversee the new electronic exchange network. As the oversight entity, the DBNA is responsible for defining policies, standards, security mechanisms, and other rules and guidelines that make up the exchange framework. The DBNA also offers membership to service provider access points and assists them with connecting to the exchange framework. Axway eInvoicing and DBNA. Axway, being heavily involved in GENA and GIF as well as being an early adopter of Peppol services, can help your organization to onboard to DBNA. Axway eInvoicing also provides support for virtual access points, being used by other service providers. For Axway customers, this means a single connection opens access to all networks. Axway eInvoicing acts as a bridge between the networks, translating addressing as well as document syntaxes to the different regional requirements. Interop 2.0 @ Axway. Besides being an early adopter of Peppol and for GENA having defined the interop standard, Axway Software SA has now added support for DBNA. Axway Software SA could focus on the differences between these implementations, but in fact it is the similarities that make it a scalable and viable framework standard. Axway eInvoicing lets you handle invoicing in a way that's global, standards-driven, and always up to date, whatever the country. It offers efficiency and cost advantages to companies everywhere by making invoicing 100% digital. And by adding it to Axway B2B Integration, you'll be able to engage with partners securely, streamline EDI and API flows, and leverage value-added services beyond e-Invoicing such as PEPPOL, API management, and API-driven VAN. Discover 6 awesome things you can do with Axway eInvoicing.