IKO Industries Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by IKO Industries and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 3500 IKO Industries employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that IKO Industries has purchased the following applications: TekStream Inspyrus for AP Automation in 2014, Workday HCM for Core HR in 2020, Epicor Prophet 21 for Distribution ERP in 2012 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems IKO Industries is running and its propensity to invest more and deepen its relationship with TekStream Solutions , Oracle , SAP or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing IKO Industries revenues, which have grown to $950.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for IKO Industries intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| TekStream Solutions | Legacy | TekStream Inspyrus | AP Automation | ERP Financial Management | n/a | 2014 | 2014 |
In 2014, IKO Industries implemented TekStream Inspyrus for AP Automation. TekStream Solutions configured TekStream Inspyrus as a centralized AP Automation platform to support IKO Industries accounts payable processing and invoice lifecycle orchestration.
The deployment focused on invoice capture, automated PO matching and system receiving document reconciliation, routed approval workflows for non‑PO invoices, and structured payment run management. TekStream Inspyrus was configured to enforce three scheduled payment runs per month and to support ad hoc payment runs to capture supplier discounts or prevent operational interruptions, while preserving manual cheque processing steps and physical signature workflows where required.
Operational integrations centered on posting and payment orchestration with the company ERP environment, and coordination with the Concur expense system for employee expense claim posting. The implementation connected AP processing to procurement teams and vendor-facing reconciliation processes, enabling statement reconciliation, vendor inquiry handling, and monthly uncashed cheque reviews across corporate finance and accounts payable operations.
Governance and process design standardized approval routing, follow up procedures for missing approvals, reconciliations of vendor account statements, and an annual filing and backup retention cadence for non‑automated records. TekStream Inspyrus functions were implemented to align AP Automation with IKO Industries accounts payable, procurement interaction, and financial posting workflows.
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ERP Financial | ERP Financial Management |
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2009 | 2010 |
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Expense Management | ERP Financial Management |
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2014 | 2014 |
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HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Workday | Legacy | Workday HCM | Core HR | HCM | n/a | 2020 | 2020 |
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Payroll | HCM |
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2009 | 2009 |
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Recruiting, Applicant Tracking System | HCM |
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2019 | 2019 |
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Workforce Management | HCM |
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2009 | 2009 |
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ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Epicor | Legacy | Epicor Prophet 21 | Distribution ERP | ERP Services and Operations | n/a | 2012 | 2012 |
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Enterprise Asset Management | ERP Services and Operations |
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2020 | 2020 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Marketing Analytics | CRM |
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2015 | 2015 |
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Sales Automation, CRM, Sales Engagement | CRM |
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2020 | 2020 |
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PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Apps Development | PaaS |
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2023 | 2023 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2021 | 2021 |
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Application Hosting and Computing Services | IaaS |
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2013 | 2013 |
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Application Hosting and Computing Services | IaaS |
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2021 | 2021 |
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Application Hosting and Computing Services | IaaS |
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2021 | 2021 |
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Content Delivery Network | IaaS |
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2014 | 2014 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Identity and Access Management (IAM) | CyberSecurity |
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2021 | 2021 |
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