/C O R R E C T I O N -- Veritas Prime/

In the news release, Veritas Prime Secures $32.5 Million Investment to Accelerate Growth in SAP Payroll BPaaS and S/4 Finance Practices, issued 08-Oct-2025 by Veritas Prime over PR Newswire, we are advised by the company that the amount referenced in the headline is incorrect and should read "$31.5 Million" rather than "$32.5 Million" as originally issued inadvertently. The complete, corrected release follows:

Veritas Prime Secures $31.5 Million Investment to Accelerate Growth in SAP Payroll BPaaS and S/4 Finance Practices

Wesley Bryan named President of BPaaS Services.

ORLANDO, Fla., Oct. 8, 2025 /PRNewswire/ -- Veritas Prime, a leading provider of SAP Technology Solutions & Services, announced today that it has finalized a $31.5 million strategic investment to accelerate the expansion of its Business Process as a Service (BPaaS) offerings and strengthen its SAP S/4 Finance practice.

The investment comes from a leading private equity firm with deep expertise in the BPaaS sector, underscoring Veritas Prime's growing position as a trusted partner for enterprises modernizing their HR and finance operations. The identity of the firm will be announced at a later date.

"This investment marks a pivotal milestone for our company," said Mike Pappis, CEO of Veritas Prime. "As organizations increasingly look to optimize business outcomes through scalable, cloud-based services, Veritas Prime is uniquely positioned to deliver integrated SAP solutions that bridge technology, process, and people. The backing of a strategic investor further validates our vision and momentum in the BPaaS space."

As part of this growth strategy, Veritas Prime also announced the appointment of Wesley Bryan as President of BPaaS Services. Wes brings a wealth of experience and a proven track record in building and scaling BPaaS delivery models within enterprise ecosystems.

"Wesley is an exceptional leader who understands both the operational and strategic dimensions of BPaaS," said Pappis. "His experience driving large-scale transformation initiatives will be instrumental as we continue to expand and refine our service offerings."

"I'm thrilled to join at such an exciting time," said Bryan. "The combination of Veritas Prime's SAP Payroll expertise, client-first culture, and innovation mindset positions the company for significant growth. I look forward to leading our BPaaS initiatives and helping clients achieve even greater agility and value."

With this infusion of capital and leadership expansion, Veritas Prime is poised to further invest in technology, talent, and partnerships that enhance its ability to deliver end-to-end SAP solutions globally.

About Veritas Prime
Veritas Prime is a global SAP consulting and technology services firm specializing in SAP SuccessFactors, SAP Payroll, and SAP S/4HANA solutions. With a commitment to innovation, quality, and client success, Veritas Prime helps organizations transform HR and finance operations through integrated technology and managed services.

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SOURCE Veritas Prime