Firmex Achieves 464% Revenue Growth in 2008 over 2007
The company continues to set record growth numbers as hundreds of financial and legal advisory firms choose Firmex to manage deal related documentation online.
“Despite declines in advisory work during the period, firms are switching to Firmex to gain greater internal cost-efficiencies and improved client service”, says Joel Lessem, Firmex CEO. “Firmex continues to add work flow tools that allow advisory professionals to do more in less time. In 2007, work flow efficiency and transaction costs were not as important; however in 2009 it has become a priority.”
“Firmex carries no debt and has a highly efficient distribution model. We invest that value into our attractive pricing model, technical infrastructure and R&D”, says Robert Wilder, Firmex COO. “New clients are impressed by our prices and the quality of our offering. We remind them that many vendors operate an expensive legacy sales & distribution model, are financially over extended and some have core businesses that are in decline or distressed. They simply operate at a competitive disadvantage.”
About Firmex
Intuitive, affordable, pervasive – thousands of companies choose Firmex Virtual Data Room (VDR) solutions to securely share their highly confidential documents. Leaders in corporate and financial transactions, M&A, compliance, litigation, and procurement value Firmex’s ease of use and outstanding support to profitably accelerate their online document sharing and collaboration projects. More information about Firmex can be found at www.firmex.com.