ReadyTech acquisition opens window to Local Government sector expansion
21 December 2021: Open Windows Software is pleased to announce that it is now part of ReadyTech (ASX:RDY).
The Management Team of Open Windows remains unchanged, with Shane and Adam McInnes still running the business, and continuing to trade as Open Windows Software Pty Ltd.
We see the partnership with ReadyTech as highly beneficial to the services we provide our customers. This new chapter provides a vehicle to support future advancements to our core products, while expanding people and capability.
ReadyTech will support Open Windows with its strong balance sheet and access to complementary operating infrastructure and strategic partnerships. The Open Windows strategic objectives and customer-centric values will also remain unchanged.
Open Windows adds to the ReadyTech Government and Justice vertical formed by the acquisition of Open Office earlier this year.
ReadyTech Co-Founder and CEO, Marc Washbourne said ReadyTech “already has a strong footprint in the sector – supporting Government customers to streamline online services including payment processing, customer requests, rates, planning applications, licensing and permitting.”
Open Windows Software joins the existing offering for Government & Justice, allowing ReadyTech to support Local Government customers throughout the entire procurement and contract management process, including sourcing, tenders, contracts, performance, supplier relationship management and compliance.
Open Windows’ market-leading source-to-contract functionality expands as part of ReadyTech to become source-to-pay, and can now compete for a wider range of both Government and non-Government business.
ReadyTech’s Government & Justice Chief Executive, Phillip Simone, said the Government & Justice team “had a history of partnering with Open Windows on a number of successful customer implementations, and closer integration would provide a strong value proposition to these customers into the future.”
Open Windows founders Shane McInnes and Adam McInnes added that joining ReadyTech would allow staff and customers to benefit from the maturity and backing of a dynamic and fast-growing Australian SaaS company.
“We’re excited to join the Government & Justice business segment, and ReadyTech more broadly.”
“This acquisition will enable further growth and opportunities for both Open Windows and ReadyTech to further solidify their leadership in the market and the quality services we provide to our growing list of customers.”
For more information, please contact:
p. +61 466 908 194
ABOUT OPEN WINDOWS SOFTWARE
Open Windows Software is Australia’s premium provider of contract management solutions.
Our comprehensive system elevates visibility of the contract lifecycle and facilitates proactive management of tenders, suppliers, contracts, and capital projects. For 25 years, Open Windows has empowered hundreds of commercial and public sector businesses to take control of their contracts, enhance their value, and build compliant, business-specific procurement processes which drive transformation.
The Open Windows Verified Supplier Network underpins our system and everything we stand for, driving continuous compliance, trust, and social sustainability for users. Learn more at www.openwindows.com.au, and connect with us on LinkedIn here.