Goldman Sachs Asset Management LP

05/01/2026 | Press release | Distributed by Public on 05/01/2026 08:34

Goldman Sachs Alternatives Invests $50 Million in BLP Digital, Betting on Agentic AI for Core Finance Processes

The secondary transaction values BLP Digital's profitable growth, strong customer traction, and leadership in AI-driven enterprise process automation.

Zurich, Switzerland, April 22, 2026 - BLP Digital, a leading provider of Agentic AI-based enterprise resource planning (ERP) automation, today announced that Growth Equity at Goldman Sachs Alternatives is investing $50 million in the company. BLP Digital's technology significantly reduces manual labor in high-volume core finance processes such as Accounts Payable, shortens closing times, and achieves measurable effects on cash flow and working capital - with seamless integration into existing ERP landscapes. In doing so, the company addresses a growing market for AI-supported ERP automation, where companies are seeking scalable alternatives to traditional OCR, RPA, and workflow approaches - particularly in the finance environment, where governance, transparency, and controllability are decisive.

BLP Digital's does not view ERP automation as an isolated IT project, but rather anchors the governance of AI agents where the process knowledge resides: in the functional department. In this way, substantive process understanding is quickly and continuously translated into relevant context for the AI. BLP Digital does not supplement the existing technology stack with another AI component, but instead replaces the previous mix of OCR, workflow, scripts, and customizing alongside the ERP with a unified execution architecture. Finance workflows are broken down end-to-end into atomic tasks, which are handled by specialized agents and orchestrated by a Digital Twin.

This atomic approach is crucial: it creates the control, reliability, and auditability required in ERP-related core processes. Instead of relying on difficult-to-control black-box automation, every single step remains clearly defined, verifiable, and controllable. To this end, the Digital Twin bundles the relevant context from ERP, email, and process data and controls throughout the entire workflow when an agent can act autonomously, when a human is involved, and logs in a versioned manner how human input becomes agent context and automation. For CFOs, controllability is thus maintained: exceptions are transparent, responsibilities are clearly assigned, and all steps are traceably auditable.

Starting Point: Accounts Payable with Clear KPIs

The entry point into BLP Digital's Agentic AI architecture is deliberately placed where effects are directly measurable: in the Accounts Payable process, as this runs very similarly across many companies despite its high complexity and legal requirements, being highly standardized. There, companies shorten throughput times, reduce error rates, and improve their position in working capital without having to set up their ERP platform anew. From this core, the agents are gradually rolled out into adjacent processes in Finance, Procurement, Logistics, and Sales.

This immediately measurable effect is made possible by pre-built and pre-trained AI agents that work as "one brain" across many customers and do not first need to be trained on a project-specific basis. The platform is connected within hours via standard integrations into systems such as SAP, proALPHA, or Abas. Instead of investing in multi-year customizing projects, companies test with productive data within a few days whether the desired effects can be demonstrated quantitatively and qualitatively.

"CFOs today do not need further technology experiments, but rather future-proof solutions that are immediately reflected in the company's bottom line," explains Tim Beck, CEO of BLP Digital. "The entry of Goldman Sachs Alternatives as a growth investor underscores our mission. We help large companies operate their ERP-driven operations with AI agents that function reliably under real-world conditions. Our vision is to have virtually no more manual exceptions in high-volume workflows. AI agents do the work across the entire process, and in the case of genuine special cases, a human expert explains the context to the AI and thus trains it further - with full transparency and clear controls."

Alexander Lippert, Managing Director at Goldman Sachs Alternatives, adds: "BLP Digital addresses a clearly defined and significant opportunity at the intersection of enterprise modernization and AI-supported automation. We are convinced that BLP Digital is very well positioned to become a category leader and to support companies in modernizing their core processes, increasing operational efficiency, and translating the use of AI into measurable business results."

From AI Experiments to Controllable Results in the Finance Sector

In recent years, many companies have experimented with AI pilot projects - often without a clear link to the bottom line, closing quality, or cash flow. In Finance and Operations, however, AI only works sustainably if it is embedded in existing ERP governance: with clear rules, defined thresholds for exceptions, and clear responsibility. BLP Digital is designed to adhere to exactly this framework while simultaneously delivering rapid, measurable impact.

Roger Niklaus, Head of Accounting at Migros, and client of BLP Digital says: "In order to handle such high volumes daily amidst increasing complexity, a process and automation DNA has always prevailed at Migros." Migros is organized as a cooperative, is the largest private-sector employer in Switzerland, and generates an annual turnover of CHF 32 billion with its more than 90,000 employees. "With BLP Digital, we found the platform right on our doorstep that brings state-of-the-art AI from ETH research into our finance function. Within one year, BLP Digital was successfully introduced across all cooperatives as part of the S4 transformation. The results are so good and the potential so great that we are already in the process of rolling out BLP Digital in further company areas and additional processes."

About BLP Digital

BLP Digital is a European AI company headquartered in Zurich. Since its founding in 2019, the company has been developing AI-based technologies that support organizations in making ERP processes more efficient, transparent, and reliable - with the goal of relieving employees and sustainably improving process quality. The platform combines over 30 standard integrations with more than 300 ready-to-use AI agents and enables companies to intelligently automate end-to-end processes. As a result, companies increase transparency and quality in their operations and realize a fast time-to-value - with full governance and data sovereignty.

Today, more than 450 corporate customers in over 40 countries trust BLP Digital. The company stands for European technology expertise as well as high security and governance standards. Further information at www.blp.digital.

About Growth Equity at Goldman Sachs Alternatives

Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $625 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, venture capital, private credit, real estate, infrastructure, sustainability, and hedge funds. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs. The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets. The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets for the world's leading institutions, financial advisors and individuals. Goldman Sachs has approximately $3.7 trillion in assets under supervision globally as of March 31, 2026. Since 2003, Growth Equity at Goldman Sachs Alternatives has invested over $13 billion in companies led by visionary founders and CEOs. The team focuses on investments in growth stage and technology-driven companies spanning multiple industries, including enterprise technology, financial technology, consumer and healthcare. Follow us on LinkedIn.

Press Contacts

For BLP Digital
Arnica Freundt
[email protected]

For Goldman Sachs Alternatives
Friederike Resibois
[email protected]

Goldman Sachs Asset Management LP published this content on May 01, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 01, 2026 at 14:34 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]