XTGlobal announces Phase II Enhancement and Modernization Project Award from U.S. Integrated Healthcare Organization

XTGlobal Infotech Limited, a leading publicly listed global IT/ITES solutions provider, today announced the signing of a Phase II enhancement and modernization project for a leading U.S.-based integrated health care organization.

Founded in 1957 as a cooperative, the client is the largest consumer-governed, nonprofit healthcare organization in the United States, serving more than 1.8 million medical and dental health plan members nationwide with a care system that includes over 1,800 physicians serving 1.2 million patients.

Successful Phase I Completion Leads to Phase II:

- On March 18, 2025, XTGlobal successfully completed Phase I, which involved the implementation of Circulus, XTGlobal's proprietary Accounts Payable (AP) automation application. The solution was integrated with the client's Oracle Fusion ERP, with extensive collaboration during requirements gathering with Finance & Accounting SMEs and department heads.

- Phase I included the automation of non-Purchase Order invoices, featuring intelligent data processing, smart workflows, exception handling, and user group-based routing. XTGlobal was selected as the sole vendor for this automation initiative after a rigorous evaluation of multiple providers.

- With the success of Phase I, the client has now signed off on Phase II, which will cover the automation of Purchase Order-based invoices (including electronic EDI formats). The User Acceptance Testing (UAT) and end-user training are scheduled to begin on October 6, 2025, with a Go-Live date of October 27, 2025.

Key Highlights of Phase II:

- Operational Expansion: Monthly invoice processing volume will rise from 8,000 to 41,000, reflecting a 412% increase.

- Financial Growth: Monthly revenue is projected to increase from USD 6,000 to USD 24,000, a 300% growth.

- Business Impact: Expanded automation footprint to support large-scale healthcare finance operations.

Leadership A tments:

To ensure delivery excellence for Phase II, XTGlobal's Managing Director, Mr. Rama Rao Atchuta Mullapudi and Vice President, Ms. Diane Gasparro, have appointed:

- Mr. Vijayram Dunna as Head of Delivery, responsible for execution and solution delivery.
- Mrs. Harika Bachal as Account Director, responsible for program governance and client engagement.

Strategic Importance:

The award represents a major accomplishment in the healthcare automation space and validates XTGlobal's ability to deliver high-margin, future-ready capabilities that enhance both client outcomes and shareholder value. This project also positions the company to participate in additional healthcare provider automation initiatives in the U.S. market.

Commenting on the achievement, Mr. Rama Rao Atchuta Mullapudi, Managing Director of XTGlobal, said: "The transition from Phase I to Phase II marks a defining milestone for XTGlobal. It reflects our ability to execute at scale, nurture trusted client relationships, and lead with transformative automation solutions. This achievement positions us to unlock larger opportunities in U.S. healthcare automation, reinforcing our role as a strategic partner in driving innovation and operational excellence.

We are committed to further strengthening our presence in the healthcare sector while advancing our vision of sustainable growth and long-term value creation for clients and shareholders"

Ms. Diane Gasparro, Vice President at XTGlobal, added: "The success of Phase I was made possible by deep collaboration between our delivery teams and the client's leadership. With Phase II, we are positioned to deliver even greater value, increasing automation efficiency and expanding the scope of services."

Shares of Xtglobal Infotech Ltd was last trading in BSE at Rs. 40.31 as compared to the previous close of Rs. 39.81. The total number of shares traded during the day was 4462 in over 81 trades.

The stock hit an intraday high of Rs. 40.59 and intraday low of 39.00. The net turnover during the day was Rs. 178869.00.

Source : Equity Bulls

Keywords

XtglobalInfotech INE547B01028 Phase2 Enhancement Modernization USFirm