CIRCULUS NEWS & PRESS

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Circulus is Powered by Oracle Cloud and Now Available in the Oracle Cloud Marketplace

Plano, TX, February 26, 2020: Circulus, a leader in accounts payable automation products for enterprise and mid-market companies and Gold level member of Oracle PartnerNetwork (OPN), has announced the listing of its cloud-based Accounts Payable (AP) product offeringsin the Oracle Cloud Marketplace, providing added value to Oracle Cloud customers. As more customers move to the cloud, the demand for applications, platforms, and infrastructure is increasing tremendously. To meet this growing demand, Circulus can continue to use the enterprise-grade services from Oracle Cloud, which is the most integrated cloud that accommodates every layer of the cloud technology stack

The Oracle Cloud Marketplace is a one-stop shop for Oracle customers seeking trusted business applications and service providers offering unique business solutions, including ones that extend Oracle Cloud Applications. Oracle Cloud is a Generation 2 enterprise cloud that delivers massive, non-variable performance and next generation security across a comprehensive portfolio of services including SaaS, application development, application hosting, and business analytics. Customers get access to leading compute, storage, data management, integration, security, HPC, artificial intelligence (AI), and Blockchain services to augment and modernize their critical workloads. Oracle Cloud runs Oracle Autonomous Database, the industry’s first and only self-driving database.

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CIRCULUS SMB SURPASSES $100MM IN VENDOR PAYMENTS

Plano, TX, April 26, 2017: Circulus has announced that the total client payables executed since the launch of their SMB platform have surpassed $100MM. The Circulus SMB platform (previously XTBills) launched its BETA program in May of 2015 and has processed over thirty-five thousand payments, totaling over $107 million in payables since that time.

By leveraging over ten years experience in the enterprise accounts payable automation space, the Circulus SMB platform was developed to take these capabilities down-market to small business. In doing so, the platform was crafted to o er a powerful AP tool at a price point within reach of virtually any business.

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XTBILLS RE-BRANDS AS CIRCULUS, AND CONSOLIDATES WITH PARENT COMPANY CAPABILITIES

Plano, TX, February 20, 2017: XTBills has announced the re-branding of its SMB accounts payable automation platform as of March 1st. Until now, enterprise BPO and AP automation offerings were marketed within the parent company XTGlobal brand, while the SMB AP solutions operated under the XTBills brand. The launch of Circulus marks the convergence of these business units into a cohesive and unified identity.

Since 2006, XTGlobal’s enterprise services have processed over 93 million documents, with a total invoice value of over $153 billion, while XTBills has paid over $80MM worth of payables on behalf of its growing customer base. This includes more than 22,000 ACH payments and 6,000 check payments since its BETA launch in 2015.

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XTGLOBAL CONSOLIDATES SELECT BUSINESS UNITS INTO CIRCULUS BRAND

Plano, TX, February 20, 2017: XTGlobal has announced the consolidation and re-branding of its business process outsourcing, automation technologies, accounts payable platforms and SMB solutions as of March 1st. This new brand will be known as Circulus, and will target both enterprise and small-to-medium businesses with its product and service portfolio.

Since 2006, XTGlobal’s enterprise services have processed over 93 million documents, with a total invoice value of over $153 billion, while the SMB solution (XTBills) has paid over $80MM worth of payables on behalf of its quickly growing customer base. While the offerings are nuanced across industries and client size, the underlying methodologies, competencies and capabilities were found to be quite similar. Says VP of Enterprise Sales, Diane Gasparro “As we looked into the separate lines of business, we quickly realized that there were far more operational similarities than differences.”

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BO Outsourcing for Media, Entertainment Provider

Check out how Circulus helped the organization achieve significant cost reduction and faster Back-office processes

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