Details

The company is a software as a service (SAAS) and on-premise software developer that focuses on providing digital content management platforms for companies in need of an efficient, paperless way to organize internal documentation.

Key Aspects:
· Provider of numerous software offerings for multiple industries
· Cross platform solutions which include IBMi, Windows and Cloud
· Strategic and aggressive pricing strategy
· Much lower licensing fee compared to the industry average

Opportunities:
· Opportunity to implement a new business development and marketing strategy to increase sales
· Introduce and launch recurring revenue business model from annual support fees in addition to new licensing fees and services income
· Continue offering new software products periodically to meet market demand
· Consolidate internal processes and increase efficiency
· Work with new core software providers in specific verticals such as government and transportation, banks to interface imaging with the core business applications

Headquartered:
· Louisiana

Current Markets:
· The company ́s target market includes companies across numerous industries such as government, banking, transportation, healthcare and medical primarily across North America with the need of capturing, indexing, storing all related documentation for the company and their customers, for better daily processes, and historical needs. The company also sells its products and services to several international markets.

Shareholder Objectives:
· Three of four shareholders are approaching retirement age and are looking to make a full exit of the business. The fourth owner, the current President, is looking to stay on and grow the company to its full potential.

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