Press Releases

FISCAL Technologies Growth Leads to New Headquarters
Industry-leading Accounts Payable Audit Software Provider Moves to Prime Reading Location

Reading, UK – 5th February 2010:  FISCAL Technologies, provider of world-class accounts payable audit software, announced today that it has relocated its EMEA headquarters to new offices in Reading. Reading is at the business and IT heart of the Thames Valley, and the move is a reflection of the company’s 50% growth this financial year, as well as its ambitious plans to continue increasing  market share over the next few years.

Lesley Reeve, Director of Solution Development, said: “The company has seen extraordinary growth over the past few years and we had simply outgrown our existing premises in Crowthorne. We’re delighted with the new offices in Reading, which give us the room to take on new technical and customer services staff over the next year. This will ensure we can continue to provide a first-class service to our growing customer base.”

David Griffiths, Director of Customer Development, added: “In the current economic climate organisations are keener than ever to cut costs and protect their working capital and our software offers an immediate ROI. Therefore my current task is expanding our customer development team within our Reading office which has increased by two heads already this year, to help us manage all the new business growth.”

FISCAL’s EMEA headquarters are now at:

Beacontree Court
Gillette Way
Reading
RG2 OBS, UK

About FISCAL Technologies

FISCAL Technologies Ltd, founded in 2002, provides world-class accounts payable audit software for corporations and government agencies to detect duplicate payments, fraud, invoicing errors and compliance issues. Organisations trust these solutions to meet their needs for cost reduction and increased control and protection of their working capital.

FISCAL’s AP Forensics® suite consists of three core modules to analyse invoices,
supplier accounts and VAT line items. Using industry-leading algorithms and pattern-matching technology, these modules have been designed specifically for Accounts Payable staff to easily run on a weekly or constant monitoring basis. They can work alongside any accounting system and have been used to scan hundreds of millions of transactions across the globe. For more information, please visit www.fiscaltec.co.uk or www.fiscaltec.com.