Latest Procurement Technology News

Felix Group Holdings reported a 51% jump in annual recurring revenue to $13 million in Q4 FY26, driven by strong enterprise contract growth and Nexvia acquisition. The company advanced AI features and secured key new customers including Stanwell Corporation.

Way2VAT reported a 95% surge in Q1 FY26 revenue to $2.05 million, driven by its RBC acquisition and expanding client base, while preparing to launch an e-invoicing platform integrating AI-powered APAI technology.