Compulynx Limited and Bevertec CST Inc, a Canadian leading developer of electronic payment systems and transaction processing solutions today announced a partnership that will see Compulynx become a channel partner and systems reseller for Bevertec in the African and Middle East Region.Bevertec is a leading developer of electronic payment systems and transaction processing solutions, with a focus on the financial services industry. CompuLynx, on the other hand is reputed to have been Kenya’s pioneer software solutions exporter for its globally acclaimed iSmart retail solutions product.
The partnership is therefore, likely to benefit the financial sector as the two companies plan to roll out improved financial solutions.
“CompuLynx as a company operates under the matrix of system integration and services, IT infrastructure, and talent transformation which involves training. This partnership with Bevertec, will enable us to bridge a market gap for reliable, cost effective financial management solutions essentially geared at raising efficiency,” said Mr Sailesh Savani, CEO, Compulynx Group.

While welcoming CompuLynx, Bevertec Vice President in charge of Operations Michael Walsh reiterated that Information Technology has now evolved to be the cornerstone and foundation that businesses are built on and grow from.
“From such a perspective, Bevertec provides a wide range of IT solutions specifically developed for financial sector players and anchored on a collaborative approach with our clients to successfully fulfill short and long-term business needs,” Walsh explained. Bevertec provides real-time, end-to-end, e-banking solutions that include transaction switching, Internet banking, debit and credit card issuing, smart card solutions, automated teller machine and point-of-sale network management, debt collection software, financial decision support systems, and business process event management solutions.
Bevertec also provides investment brokerage client and portfolio management applications for the brokerage industry; e-health solutions which enable health insurance claims to be evaluated at the point of service, processed and settled in real time.
CompuLynx has a sales turnovers now topping Kshs 400 million, and early this year, they adopted a three year business growth strategy geared at spearheading the firm’s ambitious growth plans locally and on the international market. Leading firms such as Nakumatt Holdings, Ukwala Supermarkets, Armed Forces Canteen Organization (AFCO), Eastmatt Supermarkets, Woolmatt Supermarkets, Innscor Africa Ltd, Barclays Bank of Kenya and Equity Bank, are powered by CompuLynx developed solutions. Other organizations powered by CompuLynx include De la Rue, Kenyatta University, KCA University, United States International University-Africa, Moi University, Twiga Stationers, Blowplast Ltd, Hypermart Ltd, Premier Foods Ltd, Meru Mwalimu Sacco and Nyeri Farmers Sacco.

CompuLynx has partnered with other  leading IT-companies like Oracle, IBM, Datacard, Bevertec and Microsoft among others thus providing various products, solutions and platforms in various industry sectors.