- Felix Group (FLX) announces a significant three-year enterprise contract with NRW Holdings (NWH), a prominent provider of contract services to Australia’s resources and infrastructure sectors
- The agreement represents approximately 7% of Felix’s Contractor Annual Recurring Revenue (ARR)
- Felix’s platform will optimise and standardise procurement and supply chain management for NRW and subsidiaries
- This contract follows recent wins with two other leading mining companies, solidifying Felix’s position in the sector
- Felix Group was last trading flat at 14 cents
Felix Group (FLX) has secured a valuable three-year enterprise contract with NRW Holdings (NWH), a distinguished provider of diversified contract services within Australia’s resources and infrastructure sectors.
This momentous agreement signifies a significant milestone for Felix Group, representing approximately 7% of its Contractor Annual Recurring Revenue (ARR) as of Q3 FY23.
This accomplishment underscores the growing recognition of Felix’s suite of modules and its ability to deliver tangible value to its customers.
The success of Felix’s initial contract with Primero, a subsidiary of NRW Holdings, laid the foundation for this enterprise agreement.
Felix’s impressive track record and compelling solutions have enabled the company to expand its services to larger parent organisations within its existing customer base.
The primary objective of this collaboration is to support NRW Holdings in optimising and standardising its procurement and supply chain management processes across its subsidiaries.
Felix’s innovative platform offers the necessary tools and capabilities to streamline operations, increase efficiency, and enhance overall performance.
By implementing Felix’s solutions, NRW Holdings aims to drive greater synergy and coordination throughout its operations.
Felix Group was last trading flat at 14 cents.