Aptitude Software Group plc announced a Fynapse contract win with an existing Aptitude Accounting Hub client. The Client has entered into a three-year expansion contract in excess of PS4 million incorporating Aptitude's next-generation Finance Data Management platform, Fynapse and the Aptitude Accounting Hub, adding to the Group's Annual Recurring Revenue ('ARR'). The three-year contract has commenced in June and will generate a PS0.4 million incremental uplift per annum to the existing total software contractual commitment, delivering a total software contract value for the three years in excess of PS4.0 million.

The Client wanted to move to autonomous finance and avoid a monolithic, lengthy and costly "big bang" implementation, opting instead for a rapid, incremental and flexible approach made possible by Fynapse due to its modular nature and speed of implementation. With a substantial existing Aptitude Accounting Hub customer base, the opportunity for Fynapse expansion contracts is significant and a key strategic focus for the Group.