Regional document processing specialist Speedscan has announced new outbound capabilities with the acquisition of  the e-Billing business of Connxion Limited.

Connxion’s e-Billing busines will be added to Speedscan’s document processing services for inbound communications that include mailroom services, scanning, OCR, data entry, workflow and document hosting.

Speedscan claims the Connxion e-Billing integration will result in it becoming the largest independent and privately owned Business Process Outsource provider, focused on document intensive processes, across Australia and New Zealand.

Speedscan first began in 1997, and today incorporates businesses in Sydney, Melbourne, Manila, Auckland, Wellington and Christchurch.

Speedscan has now acquired the intellectual property, systems and infrastructure that support all of Connxion’s e-Billing clients across the Asia Pacific. The company will continue to work with the clients of Connxion’s e-Billing business and has engaged all key staff who developed and supported the technology.  The acquisition has grown the Speedscan team to 140 employees.  

Mark Josman, Chief Executive Officer of Speedscan, said, “With the growth in outsourcing, Speedscan is well positioned to become the preferred supplier of outsourced services for both inbound and outbound document intensive processes. With Connxion’s outbound communications platform, e-Billing and payments services we now have an extensive capability for corporate and government sectors.

“We are delighted that we can now extend the benefits further to our clients across Australia and New Zealand. This unique capability will set Speedscan apart from other competitive players in the market and enable us to continually grow.”

Speedscan is backed by leading Private Equity investors.