RCS - GetBusy PLC - Virtual Cabinet new customer win and brand refresh

GetbusyAnnouncement

11/07/2022 07:00

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RNS Number : 8972R  GetBusy PLC  11 July 2022

RNS Reach

11 July 2022

 

GetBusy plc

Virtual Cabinet wins top insolvency customer and re-launches Virtual Cabinet
brand identity

 

GetBusy plc ("GetBusy", the "Company" or the "Group") (AIM: GETB), a leading
provider of productivity software for professional and financial services, is
pleased to announce a new customer win together with a strategic brand
identity refresh of its Virtual Cabinet product.

 

Contract win

 

Virtual Cabinet has secured another top 10 UK accountancy firm in the
cyclically buoyant insolvency sector.  Virtual Cabinet's proven expertise and
heritage in the insolvency sector, together with its deep integration with the
sector's leading practice management application, makes its strong document
workflow and powerful search capabilities a compelling proposition for
restructuring advisers. The solution replaces an incumbent to deliver a more
cohesive and intuitive user experience across the customer's other core
operating systems.

 

The contract includes the deployment of Virtual Cabinet's cloud solution,
powered through integration with the Group's Workiro technology. The
combination of Virtual Cabinet's rich and proven capabilities and Workiro's
state-of-the-art collaboration, communication and signature functionality
enables customers to leverage integrations with core business systems, whether
on-premise or in the cloud, delivering a single source of truth for
professional practitioners from any device.

 

The contract is for an initial deployment of almost 100 users within the UK
and will be implemented over H2 2022.

 

Strategic re-branding of Virtual Cabinet

 

To accompany the delivery of a new user interface and user insights
capability, Virtual Cabinet will today re-launch its visual brand identity to
align the product more clearly with the Company and Workiro, the technology
which powers Virtual Cabinet Cloud.

 

Greg Clough, Head of IT for Insolvency and Regional Restructuring at Alvarez
& Marsal, another Virtual Cabinet client, commented, "Virtual Cabinet has
always impressed me with its ability to integrate with our core back-office
software, but as we take advantage of cloud efficiencies it's both comforting
and exciting to see Virtual Cabinet innovate with their new offerings in this
space."

 

Daniel Rabie, CEO of GetBusy, commented, "We're excited to launch Virtual
Cabinet's refreshed brand identity today, setting out a very clear direction
for this market-leading product. Virtual Cabinet's cloud capabilities, powered
by the Group's Workiro technology, creates a compelling solution for
professional and financial services firms seeking to optimise productivity
without compromising security. We're proud to have won another major player in
the insolvency industry, validating the strength of the offering and the
Group's continued investment in product development to underpin long term
growth."

 

GetBusy plc

investors@getbusy.com

 

    Panmure Gordon (Financial Adviser, Nominated Adviser and Broker)      +44 (0)20 7886 2500

    Alina Vaskina / James Sinclair-Ford (Corporate
 Advisory)

    Erik Anderson (Corporate Broking)

    Alma PR (Financial PR)                                              +44 (0)20 7886 2500

    Hilary Buchanan / Andy Bryant / Hannah Campbell

 

About GetBusy

 

GetBusy's specialist productivity software solutions enable growing businesses
to work securely and efficiently with their customers, suppliers and teams
anytime, anywhere.  Our solutions can be delivered flexibly across cloud,
mobile, hosted and on-premise platforms, whilst integrating seamlessly with a
wide variety of other class-leading core business systems.

 

With over 73,000 paying users across multiple market sectors and
jurisdictions, GetBusy is an established and fast-growing SaaS business
delivering sustained double-digit growth in high-quality recurring
subscription revenue over the long term.

 

Further information on the Group is available at www.getbusyplc.com

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