Zionsville-based Clear Software, which helps customers streamline and simplify business processes, has been acquired by Washington-based tech giant Microsoft Corp.
Financial terms were not disclosed. The deal closed on Oct. 20.
Clear Software was founded in 2015 by Jon Gilman and now has 10 employees. Gilman serves as the company’s CEO.
“We will continue to operate here and in fact grow our team, so it’s a win-win,” Gilman told IBJ via email.
Clear Software allows customers to simplify, automate and streamline a variety of processesm, including sales order entry, invoicing and payment; procurement; document processing; and mass data uploads and maintenance; among other tasks.
The company offers two core products: ClearWork, a no-code business process management software; and ClearProcess, a low-code integration platform-as-a-service, or iPaas, that automates tasks and workflows across systems.
In announcing the acquisition on its website, Microsoft said the Clear Software acquisition will help improve Microsoft Power Platform, which includes a suite of business-oriented tools for low-code app development, workflow automation, artificial-intelligence bot development and data analytics. The app-development tool is called Power Apps, and the workflow automation tool is called Power Automate.
“The Clear Software integrations will make it a more seamless experience to use Power Apps and Power Automate to build business applications and automations over complex systems like SAP and Oracle,” Microsoft said.