Software Deal

Chief Regulatory Officer at CSE Renuke Wijayawardhane presenting the listing certificate to Executive Chairperson at Renuka Hotels Shibani Thambiayah

May 09, 2011 (LBO) – eChannelling, a listed Sri Lankan dotcom that enables patients to make appointments with doctors over the internet, has struck a deal with a software firm, allowing it to diversify outside the healthcare sector. The deal is by eChannelling and its subsidiary ECL Soft with Industrial Financial Systems (IFS), which supplies enterprise resource planning (ERP) applications that helps automate and better manage information flow within companies and with those outside.

IFS applications, based on web and portal technology, are used in manufacturing, supply chain management, customer relationship management, financial, engineering, maintenance and human resource administration, a stock exchange filing said.

IFS, which employs 2,623 people has 341 million US dollars in annual sales in 50 countries with over 900,000 users worldwide.

The partnership will enable global growth opportunities for eChannelling and ECL Soft outside the healthcare industry, the statement said.

“The partnership with IFS opens new avenues for eChannelling and ECL Soft to venture into new markets and devise marketing strategies offering combined services.”

The technology developed by eChannelling and ECL Soft complements