QuickArrow Announces Q2 07 Financial Results SaaS Model Continues to Spur Rapid Growth
Summary
In May, we issued our Spring ’07 Release featuring Earned Value Management Tracking and tighter Time and Expense controls to better support our clients’ Sarbanes-Oxley initiatives.” He continued, “We also presented at the SLAM 2007 Conference and were sponsors for both TPSA’s Spring Summit and SIIA’s Software Strategy Summit – all great events that allowed us to continue promoting and providing best practices and education around PSA and SaaS.” In April, QuickArrow was named to the Austin Business Journal’s “Top 25 Software Developers” list.QuickArrow’s unqualified SAS 70 Type II certification and innovative Web Services API ensure reliability, flexibility, and data security for clients such as Salesforce.com, Borland Software, Symantec, Genesys, Informatica, and Proxicom.The company also grew their user base by 27% over the same period.Ron Jennings, QuickArrow President and CFO, commented, “We continue to capitalize on growing demand in the PSA space, and as a result, we have consistently achieved double-digit annual growth over the last few years.In May, we issued our Spring ’07 Release featuring Earned Value Management Tracking and tighter Time and Expense controls to better support our clients’ Sarbanes-Oxley initiatives.”He continued, “We also presented at the SLAM 2007 Conference and were sponsors for both TPSA’s Spring Summit and SIIA’s Software Strategy Summit – all great events that allowed us to continue promoting and providing best practices and education around PSA and SaaS.”In April, QuickArrow was named to the Austin Business Journal’s “Top 25 Software Developers” list.QuickArrow’s Software as a Service (SaaS) application fully integrates with leading SFA, CRM, and financial applications, replacing homegrown solutions and labor-intensive spreadsheets to automate workflows and streamline operations.Worldwide, more than 25,000 users under contract and 280 services organizations spanning software, IT Services, management consulting, hardware, environmental, and healthcare count on QuickArrow every day to increase resource utilization, capture more billable hours and expenses, and enable more effective decision-making to drive top and bottom-line growth.QuickArrow’s unqualified SAS 70 Type II certification and innovative Web Services API ensure reliability, flexibility, and data security for clients such as Salesforce.com, Borland Software, Symantec, Genesys, Informatica, and Proxicom.