News
February 18, 2026 – ECI Software Solutions, Inc. (“ECI”), a global provider of AI-powered, cloud-based business management software and services, today announced an expanded alliance with FormedAI, a mid-market developer of business process automation software, to bring advanced digital accounting automation with AI to e-automate cloud users across North America.
For years, self-hosted e-automate users have relied on FormedAI to automate invoices and vendor payments, boosting accuracy and cutting manual accounting tasks by up to 80%. Now, the same proven automation with AI-driven data capture and management is available to both on-premise and cloud customers, bringing streamlined AP workflows to the cloud.
“Our expanded relationship with FormedAI underscores our commitment to helping dealers operate a smarter, more efficient operation,” said Laryssa Alexander, President of Field Service at ECI. “By bringing this proven AI and automation to our cloud platform, we’re making it easier for our customers to eliminate manual accounting work, strengthen financial accuracy, and focus their teams on higher-value initiatives. Strategic integrations like this are how we continue to deliver measurable value and long-term growth for the office technology industry.”
The expanded alliance strengthens the foundation between ECI and FormedAI, reflecting mutual confidence in the results already achieved and a joint vision to drive sustainable value across the office technology industry.
“e-automate users are already using our integration with e-automate to streamline their AP and vendor payment processes, and the results speak for themselves,” said Jeff Masters, President and CEO at FormedAI, Inc. “With FormedAI processing over $900 million in EA invoices and $4 billion in transactions within our client base every year, dealers are realizing efficiencies and rebate opportunities they didn’t know were possible. Together with ECI, we’re helping the office technology industry modernize financial operations and free up resources for growth.”
ECI Software Solutions provides AI-powered, cloud-based business software for running small and mid-sized businesses end-to-end. Built by experts in manufacturing, building and construction, field service, and distribution industries, ECI’s industry-specific software connects businesses and customers, improving visibility, operational efficiency and profitability. With ECI, businesses seamlessly integrate sales and marketing, business intelligence, CRM, data and analytics, ecommerce, mobile apps and payment processing. With more than 30 years of industry leadership, ECI is trusted by 25,000 customers in more than 90 countries globally. Headquartered in Westlake, Texas, it has offices in the U.S., Canada, Mexico, United Kingdom, Netherlands, Belgium, Norway, Sweden, and Australia. For more information, visit www.ECIsolutions.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. These statements include, but are not limited to, statements regarding ECI's strategy, future operations, product development, anticipated performance, and expected benefits of partnerships, appointments, or technology initiatives. Forward-looking statements are based on ECI's current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. ECI undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release.
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