Exela Technologies, Inc. announced a contract award worth a total of $13.2 million over the next four years.
Exela’s Exchange for Bills and Payments (“XBP”) is the largest revenue contributor in the ITPS accounting segment. This solution utilizes several of Exela’s platforms including payment processing (TMS), collaborative work flow (Beats) and digital mailroom (DMR) delivering a bespoke solution used by our knowledge workers and by our newly acquired customer.
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“We are excited that we were selected by our new customer,” said Lakshmi Narayanan SVP, Bills and Payments, Americas, “Our suite of technology platforms and industry expertise allowed us to showcase industrial solutions and meet the needs of our customer for a scalable fintech solution.”
Exela is a leader in bills and payment processing with more than thirty years of experience handling complex problems and delivering simplicity. XBP liquidity solutions allow billers, consumers and businesses to communicate and transact. Offering a complete solution to its customers, Exela enables improved control, insights and analytics globally in over 23 countries.
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About Exela Technologies
Exela Technologies is a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and end-user experience. With decades of experience operating mission-critical processes, Exela serves a growing roster of more than 4,000 customers throughout 50 countries, including 60% of the Fortune® 100.Utilizing foundational technologies spanning information management, workflow automation, and integrated communications, Exela’s software and services include multi-industry, departmental solution suites addressing finance and accounting, human capital management, and legal management, as well as industry-specific solutions for banking, healthcare, insurance, and the public sector.
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