ELMO Software, a cloud-based HR & Payroll software provider, completed the acquisition of Webexpenses, a global business expense management platform, for £33m. "We are absolutely thrilled to become part of the ELMO software portfolio. Over the last few years, we have invested significantly in our expense management product to become a market leader in the UK. It is fantastic that ELMO has recognised the value in the services we offer. We are extremely excited to move forward together and to be able to offer extended solutions to our existing customers," Adam Reynolds, Webexpenses CEO.