Kefron is expanding after signing a partnership with cybersecurity company Exclusive Networks to provide it with accounts payable and e-invoicing tech.
Dublin-headquartered IT company Kefron is planning to create up to 40 new jobs.
The roles will be based across Kefron’s locations in Dublin and London, with the majority of jobs in Ireland. The company, which specialises in information and document management, will be hiring in the areas of emerging technology, customer experience and support.
The hiring announcement comes following Kefron’s new partnership with global cybersecurity player Exclusive Networks. The partnership will see Kefron enter 25 new markets around the world and the company will invest €1m in its growth strategy.
The family-owned business currently employs 120 people across the UK and Ireland.
Exclusive Networks will now use Kefron’s software to reduce the manual data entry associated with processing vendor and supplier invoices.
The Irish business will provide Exclusive Networks’ global finance teams with a cloud-based accounts payable platform created by its in-house development team. This platform uses some of the latest advancements in machine learning technology, supported by a team of data engineering specialists based in Kefron’s Dublin headquarters.
Paul Kearns, Kefron’s managing director, said that the new jobs being created will “further enhance” the company’s capabilities and help it meet the needs of global customers. “We are very proud to partner with Exclusive Networks and look forward to working with them as they look to a future of enhanced transformation,” he added.
Stephanie Riera, group director of finance and transformation at Exclusive Networks, said that the company chose Kefron as its global accounts payable automation platform partner because it was “one of few suppliers” that could support the company’s key requirements in accounts payable automation and e-invoicing.
“E-invoicing is fast becoming a mandatory requirement in European countries. This means that by law, clients will need to submit documents in specific formats approved by government to do business in that country,” Riera said.
The global e-invoicing market is continuing to grow rapidly due to digitalisation and changing government policies across the world.
Kefron said the deal will help Exclusive Networks grow its business globally, while the Irish company will enter new markets such as Singapore, Belgium, Denmark and Norway.
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