Previously, cBrain has announced that we have won a number of orders with one of Germany’s largest authorities. The authority has its headquarters in Berlin and has departments in all German states. The authority’s tasks include administrative work in relation to pensions and social benefits.
During the fall of 2020, the authority has gone through a number of feasibility studies to decide upon a supplier for a new IT system. The new IT system will support the authority in auditing private companies’ payments of employee pensions and social benefits.
More than 3 million German companies need to be audited by the authority. As such, this is a large system expected to be implemented over a period of a few years. The system will potentially be used by many employees from the authority.
On the basis of a public tender, the authority has procured a number of F2 licenses to establish the new system. This will initially include approximately 100 users.
This order is of particular importance as cBrain becomes a supplier to a new department in the aforementioned authority. At the same time, cBrain naturally hopes that the authority will procure additional licenses in continuation of a successful implementation and as the new IT system expands.
With best regards,
Per Tejs Knudsen, CEO
Inquiries regarding this notice may be directed to:
Ejvind Jørgensen, CFO, cBrain A/S, ir@cbrain.com, +45 2594 4973