Press Release : Wyre Solutions have officially joined forces with Open ECX
12 March, 2024
Wyre Solutions, a trusted IFS ERP Partner in the Construction, Manufacturing and Service industries, and Open ECX, an award-winning provider of Invoicing, Ordering and Statement Reconciliation solutions, 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 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.
“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.
Paul Maybury, CEO at Wyre Solutions
“Our strategy of late 2023 sought to take a select number of the integrations that had been developed in recent years and establish a partner network of carefully selected and strategically aligned suppliers to offer a powerful ecosystem of capabilities to the market. We saw that alignment in Wyre, right from the outset. 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.”
Nathan Ollier, CEO at Open ECX
“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.”
Michelle Baxendale, Group Transactions Manager at NG Bailey
Wyre Solutions and Open ECX are excited about the future possibilities that this partnership brings to businesses seeking to seamlessly integrate their IFS ERP. The collaboration aims to empower organisations with efficient solutions that drive productivity and enhance overall business performance through automation.
For more information regarding Wyre Solutions and Open ECX, please click here.
About Wyre Solutions
Founded in 2011, Wyre Solutions is a UK-based, independently owned company that has established itself as a trusted name within the IFS ERP Ecosystem. A leader in the Construction industry, Wyre excels in providing cutting-edge, tailored solutions for the unique challenges and trends presented within the industry alongside boasting a rich history of experience within the Manufacturing and Services sectors.
With over 100 years of collective industry and IFS experience, Wyre's exclusive focus and commitment to empowering businesses in their ERP solidifies them as the IFS Partner of Choice for excellence and innovation.
Visit wyresolutions.co.uk for more information.
About Open ECX
Open ECX is a multi-award-winning leader in cloud-based AP automation technology. Trusted by leading brands including Grundfos, Wolseley and NG Bailey, Open ECX operates globally to provide simple, scalable software that integrates seamlessly into existing ERP systems.
Open ECX’s agnostic technology enhances and streamlines business processes, enabling its customers to experience full automation and accounts payable efficiencies, with significant time and cost-saving benefits.
Since winning ‘Tech Company of the Year’ at the National Technology Awards 2022 and being named one of the Top 100 Fastest Growing Tech Companies at GP Bullhound’s Northern Tech Awards, Open ECX has continued its strong growth trajectory, expanding into new markets and launching new solutions, including Statement Reconciliation.
Visit openecx.com for more information.
