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8CO has secured a three-year contract with the Australian Securities and Investments Commission (ASIC) to provide a unified Travel and Expense management solution, with an option of two x 1 year extensions.
The total contract value is $1.15 million including implementation costs, and is expected to generate recurring revenue from FY24.
Since July 2021, 8CO has secured contracts under the GovERP program totalling over $4.7 million.