| Company | Paymetric Inc |
| Website | bizaps.net |
| Stage | Live |
Includes Key Paymetric Personnel; Furthers BizAps’ Portfolio in Procure-to-Pay
NEW YORK, NY and HOUSTON, TX–(Marketwire - January 8, 2009) - WNS (Holdings) Limited (NYSE: WNS), a leading provider of global business process outsourcing (BPO) services, today announced that BizAps, a WNS group company, has acquired XiBuyTM from Houston-based Paymetric, Inc. XiBuy is a certified SAP® add-on solution for integrating and managing purchasing card (p-card) transactions in SAP. As a result of the transaction, BizAps expects to provide all on-going development, support and maintenance activities for XiBuy customers, which include leading blue chip companies, providing seamless continuity by utilizing key Paymetric development and support personnel.
BizAps delivers a broad range of solutions for the procure-to-pay automation market. The addition of the XiBuy solution provides a complementary product to BizAps’ p-card portfolio and increases its penetration into the North American market. The expanded p-card solution will give customers a wider range of offerings to suit their unique procure-to-pay needs.
The acquisition will propel BizAps as the global leader of SAP certified p-card integration solutions and provide customers with an unmatched value proposition. With the disposition of XiBuy, Paymetric will focus exclusively on its core integrated ePayment processing business and is committed to providing the same level of innovation, service and support that mark the company’s history of success in the SAP market.
