Spenda Limited (AU:SPX) has released an update.
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Spenda Limited has partnered with Capricorn to launch the SwiftStatement platform, targeting 30,000 Capricorn members with automated invoice integration and payment processing capabilities. The collaboration promises to generate substantial recurring revenue for Spenda, with an expected 50% adoption rate potentially yielding $18 million annually. The SwiftStatement solution aims to streamline financial processes for Capricorn members, enhancing efficiency and reducing manual errors.
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