8common Receives “significant” $575k contract under Aus govt GovERP rollout
- 8common (8CO) receives its third significant contract under the Federal government’s GovERP program, taking the total value of signed contracts to over $2 million
- The contract covers the development of the GovERP travel and expense management template which is designed by the company specifically for the program to provide greater functionality for Federal government agencies
- So far, the first seven agencies are live utilising the technology which incorporates over 3000 users
- CEO Andrew Bond says the program represents a significant driver of current and future revenue for 8CO with the potential for over 100,000 new users to utilise the solution
- Shares in the company are up 1.01 per cent, trading at 10 cents at market close
