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Monday, 25 July 2016 12:43

8common secures deal with Transport for NSW


Transport for NSW has migrated to a SaaS expense management platform, Expense8, provided by software group 8common as part of a three-year contract.

Expense8, an integrated software solution that streamlines accounting, reporting, tax compliance (GST, FBT) and governance of employee generated expenses and corporate travel bookings, replaces the previous integrated customer management system (iCMS) that Transport for NSW, together with Sydney Trains, NSW Trains, has used.

Nick Gonios, chief executive of 8common, says the three-year contract will provide a positive impact to this financial year and beyond with a minimum annual recurring revenue (ARR) increase of 23% for the customer contract.

“We are pleased to announce another longstanding iCMS customer has committed to an Expense8 migration in the cloud. It provides further evidence that our continued investment in product development is delivering value to both existing and new customers.”

Donna Rodrom, Transport for NSW’s principal manager accounts payable, said Expense8’s cloud-based expense management solution provides a “simple path to streamlining our procurement-card processes across Transport's agency cluster enabling us to focus on gaining better visibility on procurement-card spend together with greater process and cost efficiencies”.

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Peter Dinham - an iTWire treasure is a mentor and coach who volunteers also a writer and much valued founding partner of iTWire. He is a veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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