In in its second quarter results statement, ACI says it will look to save the $30 million "primarily through a reduction in the work force, reallocation of headcount to different geographies, consolidation of non-core products and facilities". Specific details of the jobs cuts were not disclosed.

ACI says the efficiency programme is the "culmination of our restructuring and integration of previously acquired businesses as we align our staffing levels globally with our geographic and product opportunities".

The vendor will incur a one-time cash expenditure of $15-25 million relating to the restructuring.

Funded by anticipated cost savings, ACI says during 2008-2009 it will invest $16 million in implementation and professional services, wholesale payments solutions, risk products and other infrastructure.

ACI CEO Philip Heasley, says the company will invest in services capabilities to enable faster implementation of products "while simultaneously working toward a pending restructuring to rationalise our cost structure and more closely align product development activity with business growth".

News of the re-org comes as ACI reports net income for the quarter ending 30 June of $0.8 million, compared to net loss of $2.7 million during the same period last year.

Revenue was $109.2 million, an increase of $11.1 million, or 11%, over the prior-year period revenue of $98.1 million. ACI says the increase was largely due to a rise of $12.2 million in services fees in the June 2008 quarter as compared to the June 2007 quarter.

The company also announced the departures of president of global sales Richard Launder and Mark Vipond, president of global operations.

Shares in the vendor slipped 27% on the statement.