Apttus Closes Record Quarter of Revenue Growth

Apttus Closes Record Quarter of Revenue Growth

ID: 283929

Apttus Grows GAAP Revenue by 81% and Signs Over 50 Customer Contracts


(firmenpresse) - SAN MATEO, CA -- (Marketwired) -- 08/01/13 -- Apttus, the category-defining Quote-to-Cash solution provider, today announced that the company achieved another record quarter of revenue growth and over fifty customer contracts signed.

The company's 2013 second quarter revenue growth is attributed to rapid adoption from both new and existing customers of Apttus' solutions across all functions of the quote-to-cash process including, Configure Price Quote (CPQ), Contract Management, Renewals and Revenue Management. Customer contracts signed are with large enterprises across a range of industries including financial services, high-tech, and life sciences. Customers include a leading CRM and cloud computing provider, a multi-billion dollar leader in clinical trials, an international money transfer organization, a leader in global telecommunications and a global provider of software and consulting services for supply chain management.

"Our dramatic results in revenue growth this quarter are not only a reflection of our ongoing company success and product innovation, but also the high value businesses are placing on automation of the complete quote-to-cash process, a process that is the critical link between top-line results, bottom-line results and customer satisfaction," said Kirk Krappe, CEO Apttus.

Apttus' Quote-to-Cash solutions enable sales organizations to increase sales and maximize visibility and control. Apttus' solutions are delivered on the industry's most advanced cloud infrastructure. Additionally, Apttus' patent pending technology X-Author dramatically increases usability and user adoption by enabling Microsoft Office to be a user-interface for Salesforce with full interaction and control between the applications.

Apttus delivers category-defining software that drives the vital business process between the buyer's interest in a purchase and the realization of revenue. Delivered on the industry's most advanced cloud infrastructure, the Salesforce platform, Apttus' Quote-to-Cash solutions increase sales and maximize visibility and control. Applications include Configure-Price-Quote (CPQ), Proposal Management, Contract Management and Revenue Management. With more than 300 enterprise customers and 450,000+ users worldwide, Apttus is the industry's fastest-growing provider of Quote-to-Cash solutions. Additionally, Apttus' patent pending X-Author technology enables Microsoft Office to be a user-interface with full interaction and control between structured database applications and Microsoft Office. Apttus is based in San Mateo, California, with additional offices in London, UK and Ahmedabad, India. For more information visit: .





Trademark footnote: All corporate names and trademarks are the property of their respective companies.

This news release contains forward-looking statements that reflect the Company's expectations with regard to future events. Actual events could differ significantly from those anticipated in this document.



Mark Karayan
LEWIS PR for Apttus
415-432-2400

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Bereitgestellt von Benutzer: Marketwired
Datum: 01.08.2013 - 13:00 Uhr
Sprache: Deutsch
News-ID 283929
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