The two companies are ReadySub and DataSpec. DataSpec works with 32 state veterans’ affairs departments, as well as “hundreds of counties and municipalities,” according to a press release. That makes it the market leader in the space.
The company’s software, VetraSpec, allows for web-based claims management, as well as scheduling, payments and submission to the federal Department of Veterans Affairs. DataSpec was a competitor with Tyler’s Veterans Benefits solution, based on the low-code Entellitrak platform, and the company said in the statement that it will be offering clients the option to migrate to that solution from VetraSpec.
ReadySub offers software to help schools quickly find available substitute teachers and assign them where needed — as well as tracking employee absences and handling payroll. The company works with about 1,000 school districts, 20 of which are also clients of Tyler Technologies.
Tyler already sells enterprise resource planning to schools, including solutions for facility management, financials and human capital management. The company will be looking to integrate ReadySub into that portfolio.
“The acquisition of ReadySub strengthens Tyler’s school portfolio and brings more comprehensive solutions to the school districts that we serve. We plan to build integrations with our school administration products, providing more value to districts as we help them implement all-in-one workflows,” said Lynn Moore, president and CEO of Tyler, in a press release.
Tyler is currently going through the largest acquisition in its corporate history, a $2.3 billion buyout of fellow gov tech company NIC.
It has yet to announce the purchase price of DataSpec and ReadySub.