XTGlobal announces new client win for Circulus AP Automation Solution in the U.S. Construction Sector

XTGlobal Infotech Limited, a leading publicly listed global IT/ITES solutions provider, is pleased to announce that it has signed an agreement to implement its flagship Circulus Accounts Payable (AP) Automation Solution for a leading civil and utility construction company based in Central Florida.

The client is one of the largest construction firms in the region, with over 750 employees, and serves developers, owners, and general contractors across Tampa Bay and West Central Florida. With over 25 years of operational excellence, the company specializes in earthwork, infrastructure, utility, and roadway construction, and maintains an extensive portfolio spanning residential, commercial, healthcare, and educational projects.

Commercial Terms and Project Outlook:

Scope of Work: Dual-instance AP automation rollout across separate ERP profiles.
Investment & Returns: Initial deployment valued between USD 50,000 and USD 80,000, and is expected to generate approximately USD 113,000 in annual recurring revenue (ARR).

Contract Tenure: Signed for an initial three-year term, enabling phased scalability.
Growth Alignment: The pricing model is structured to reduce per-document costs as invoice volumes scale, supporting an estimated 11% year-over-year business growth.

Strategic Importance:

This engagement strengthens XTGlobal's position within the U.S. construction and infrastructure sector, characterized by high invoice volumes and complex financial workflows. It validates the adaptability of Circulus across diverse industries and reinforces XTGlobal's commitment to innovation, scalability, and long-term client partnerships.

Commenting on this achievement, Mr. Rama Rao Atchuta Mullapudi, Managing Director of XTGlobal Infotech Limited, said: "We're pleased to welcome a new client to our growing portfolio, highlighting the flexibility and value of our Circulus platform in specialized industries like construction. The client's confidence and the speed of this engagement reflect XTGlobal's agility and commitment to value-driven digital transformation.

Circulus continues to deliver efficiency and innovation, strengthening our U.S. presence while supporting sustainable growth and long-term value creation for all stakeholders alike."

Mr. Vasanth Vee, Vice President - Client Strategy & Business Innovations, remarked: "This win demonstrates the growing demand for intelligent automation solutions within the construction sector. Circulus" adaptability and job-costing intelligence provide clients with both control and insight into their financial operations-capabilities that are quickly becoming essential for scalable growth."

Mr. Brett Jordan, Account Manager for the engagement, commented: "The collaboration with the client's accounting and technology teams was highly productive from the very first meeting. Their clarity on requirements and our ability to align Circulus quickly to their Vista Viewpoint environment ensured a smooth and decisive sales process."

Shares of Xtglobal Infotech Ltd was last trading in BSE at Rs. 39.89 as compared to the previous close of Rs. 39.67. The total number of shares traded during the day was 1405 in over 49 trades.

The stock hit an intraday high of Rs. 41.50 and intraday low of 39.67. The net turnover during the day was Rs. 55889.00.

Source : Equity Bulls

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