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Open ECX and Wyre Solutions announce partnership

Thursday 14th March, 2024

Open ECX and Wyre Solutions, a trusted IFS ERP Partner in the Construction, Manufacturing and Service industries, have announced a strategic partnership aimed at empowering IFS customers to achieve full Accounts Payable Automation.

Combining the benefits of the Open ECX AP Automation solutions with Wyre’s expertise of IFS (Industrial and Financial Systems) enables businesses to leverage the power of automated processes, enhanced efficiencies, and fast deployment, facilitating a seamless flow of 100% data accuracy across the systems.

This partnership sees joint customer NG Bailey, a leading engineering and services business, harness the benefits of a simplified, automated Purchase-to-Pay process. Open ECX’s Invoicing solution delivers an average processing time of under 2.5 minutes for 94% of transactions into IFS ERP, showcasing the effectiveness of the partnership in delivering significant value to customers.

Michelle Baxendale, Group Transactions Manager at NG Bailey, said “The integrated solution has revolutionised the way we process supplier invoices, making it slick and efficient. We now process over 30,000 invoices a year straight into our IFS back-office system. The team at Open ECX took our specification to integrate into IFS, were very responsive, and before we knew it we were up and running without any difficulties.”

Nathan Ollier, CEO at Open ECX, said “We are proud to celebrate a number of significant success stories where the Open ECX and IFS technologies have come together to offer enormous value to our customers. This announcement of a partnership with Wyre is as a result, incredibly exciting. Along with Paul and the team at Wyre, we are looking forward to IFS users being able to leverage the power of our automation capability which can now be made available to them in a more seamless way than ever before.”

Paul Maybury, CEO at Wyre Solutions “We are thrilled to enhance our commitment to delivering seamless solutions for our IFS clients. Open ECX’s Invoicing and Ordering solutions seamlessly integrate into IFS, offering unparalleled efficiency and streamlined operations. This partnership with Open ECX is a testament to our shared dedication to innovation and underscores Wyre Solutions’ mission to provide cutting-edge IFS ERP services. Together with OpenECX, we look forward to unlocking new possibilities and delivering comprehensive IFS solutions that address the evolving needs of our clients.”


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Avalara

Avalara helps businesses of all sizes get tax compliance right. In partnership with leading ERP, accounting, eCommerce and other financial management system providers, Avalara delivers cloudbased compliance solutions for various transactional taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in Canada, the U.K., Belgium, Brazil, and India.