Glantus acquires JPD Financial

Automation and data intelligence firm Glantus has acquired vendor credit recovery services company JPD Financial.

The Dublin-based company said the acquisition will bring new levels of automation to credit recovery and financial processing for global businesses and shared services units. The deal creates a business with a turnover of approximately $12 million.

In recent years JPD has extended its services offering to include accounts payable auditing and master data cleansing. It serves North American customers from headquarters in San Jose and European customers from operations in the UK.

Glantus’ data platform combined with service delivery from JPD Financial will deliver significant benefits to existing customers and accelerate the delivery of innovative new financial processing solutions, the companies said.

John Doyle, president and chief executive of JPD Financial said:“JPD customers are increasingly looking at automation and AI to drive further efficiencies in their financial processes.

“With Glantus, JPD now has the advanced technology platform and the team behind it to deliver these new services.”

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