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Oildex Acquires OpenInvoice™, the Procure-to-Pay Business of Automatic Data Processing, Inc.

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DENVER--(BUSINESS WIRE)--Oildex, a service of Transzap, Inc. (“Oildex”), today announced that it has acquired the Procure-to-Pay (P2P) business of Automatic Data Processing, Inc. (Nasdaq: ADP), combining two leading technology providers in the fast-growing financial supply chain automation sector. The combined company, which will operate as Oildex, is a leader in the accounts payable (AP) and business-to-business (B2B) automation segment within the broader financial supply chain automation sect

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