Demica, provider of working capital solutions, and API Software, authors of the automated reconciliation software AutoRek, have signed a joint partnership agreement.

The partnership is in response to a growing demand for integrated trade services, and will allow both companies to share product propositions to all current and prospective consumers to both companies.

The alliance of the two companies brings together Demica’s solutions that improve the financial relationships of trading partners with API’s automated transaction management and verification. This joint venture allows the consumer to focus manual attention on only the complex or problematic transactions.

Both Phillip Kerle, CEO of Demica, and Gordon McHarg, managing director of API, spoke about the increased strength of both companies through the alliance, saying that that together they offered a ‘best of breed’ solution.

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