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Demica signs joint partnership agreement with API Software

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23 JULY 2009

 

 

 

 

 

Demica has signed a joint partnership agreement with API Software, Scottish based authors of the acclaimed automated reconciliation software AutoRek.   The agreement responds to a growing demand for integrated trade services and enables both companies to share product propositions across their respective customer and prospect audiences. Phillip Kerle, Chief Executive Officer of Demica, comments, “Whilst both Demica and API Software have extremely strong stand-alone propositions, we are collectively stronger and more compelling for corporates and their banks when we join up closely related financial processes and procedures. AutoRek and Demica are both closely involved with accounts receivable and payable, the one automating essential reconciliation processes, the other providing the means to use invoice debt as security for financing arrangements. The association between the two companies looks to be a logical and exciting one.”

 

For more information about API Software/AutoRek Software visit: www.api-software.com