Hercules PLC
10 August 2026
10 August 2026
Hercules plc
("Hercules" or the "Company")
Successful Implementation of Pay & Bill Platform
Hercules plc(AIM:HERC), a leading UK power and infrastructure services group, is pleased to announce that its new Pay and Bill platform has been successfully implemented across the business, representing completion of a critical deliverable in the Company's business transformation programme.
The new platform has been implemented on the back of the substantial growth the Company has achieved over recent years, in order to enhance Hercules' core operational processes, strengthen resilience and support continued investment in customer service. It enables the efficient payment of its workforce and invoicing of customers and was delivered while maintaining uninterrupted payroll and customer invoicing throughout the transition.
The platform provides a modern, scalable operating foundation for the business and is expected to deliver a range of operational benefits over time. These include greater automation of core processes, stronger operational and financial controls, improved management information and a more scalable operating model capable of supporting future growth.
Hercules continues to make good progress with the implementation of its Enterprise Resource Planning ("ERP") platform, which represents the final phase of its transformation programme.
Brusk Korkmaz, Chief Executive Officer of Hercules plc, commented:
"The launch of our new Pay and Bill platform is a very positive development as we modernise the operational processes at the heart of our business to create a more efficient and scalable business.
"Delivering a transformation of this scale while maintaining uninterrupted payroll and customer invoicing is a significant achievement and reflects the dedication and collaboration of our teams across the business."
For further information and enquiries, please contact:
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Hercules plc Brusk Korkmaz (CEO) Paul Wheatcroft (CFO) |
c/o SEC Newgate |
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SP Angel Corporate Finance LLP (Nominated Adviser and Broker) Matthew Johnson / Adam Cowl (Corporate Finance) Grant Barker / Rob Rees (Sales and Broking) |
+44 (0) 20 3470 0470 |
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SEC Newgate (Financial Communications) Elisabeth Cowell / Ian Silvera / Darcy Dubell |
+44 (0) 20 3757 6882 Hercules@secnewgate.co.uk |
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