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Valta Technology, Cbus Superfund team up on procurement transformation

Tuesday 29 January 2019 11:00 CET | News

Cbus Super (Cbus), a large Australia-based public offer industry superannuation fund, has teamed up with financial process automation expert, Valta Technology Group (Valtatech).

Their partnership aims to implement, integrate and manage a Source to Pay solution to drive automation across its accounts payable, financial and procurement process functions.

Cbus, who provide superannuation and income stream accounts to more than 780,000 members and manage over USD 48 billion worth of infrastructure and property assets in Australia and overseas, have integrated Valtatech’s new Source to Pay (S2P) technology platform to assist the super fund’s back-office functions, according to the official press release.

Cbus and Valtatech’s partnership, which began in January 2018, has now been expanded into a full source to pay managed service, utilising Valtatech’s new end to end S2P platform to tailor technology for the requirements of the superannuation industry.


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Keywords: Cbus Super, Cbus, partnership, accounts payable, accounts receivable, procurement, automation, Australia, financial process automation
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