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RNS Number : 5913S Aptitude Software Group PLC 17 June 2024
17 June 2024
Aptitude Software Group plc
("Aptitude", "the Group")
Fynapse strategic contract win in partnership with HSO
Aptitude (LSE: APTD), a market-leading provider of autonomous finance software
solutions, is pleased to announce a recent partner-led contract win with a
leading, multibillion dollar insurance brokerage in the United States. The
contract is for Microsoft Dynamics 365 and Fynapse and was won in partnership
with HSO, a business transformation partner with deep industry expertise and
global reach. The contract with Aptitude will start in June 2024 and is for
three years, worth a total software contract value of £0.6m, adding to the
Group's Annual Recurring Revenue ('ARR').
Alex Curran, CEO of Aptitude, said: "I am delighted to welcome another large
insurance company to Aptitude's client community. Fynapse has been selected to
serve as their financial data foundation and support their journey to
autonomous finance. This highlights the progress we are making with Fynapse
and with our strategic partners, HSO and Microsoft and underscores the
momentum we are seeing across our new business pipeline. Fynapse enables us to
be a partner-first organization to support scale, and this win is a key
strategic proof point."
Aptitude Software Group plc
Ivan Martin,
Chairman
020-3687-3200
Alex Curran, Chief Executive Officer
Mike Johns, Chief Financial Officer
Alma Strategic Communications
Caroline Forde / Hilary Buchanan / Will Ellis
Hancock
020-3405-0205
About Aptitude Software
Aptitude Software provides software solutions that deliver fully autonomous
finance to enable its clients to drive growth, efficiency and sustainability.
Fynapse is Aptitude's intelligent finance data management and accounting
platform designed to increase productivity and lower costs for finance teams
globally. Fynapse provides a single view of finance and business data,
unparalleled performance and automation, faster and better insights,
user-friendly functionality and market-leading total cost of ownership.
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