eFileCabinet Announces Record Growth in Q1 2014 Significant Increase Outside Core Vertical Markets Attributes to the Leader in Paperless Software Solution's Success
LEHI, Utah, April 14, 2014 /PRNewswire/ -- eFileCabinet, Inc., the expert in document management software, today announces record growth generated through increased demand for its software solutions, driven by broader audiences seeking the company's products and services. eFileCabinet reports 46% revenue growth in Q1 2014 over Q1 2013 figures, bringing the total number of users to over 107,000.
"It's gratifying to see the number of organizations who are searching for document management software on both the on-premise and cloud platforms," said Matt Peterson, president and CEO for eFileCabinet. "We continue to hear that companies are looking for more than just document storage. They want a technological solution that helps them manage the secure sharing, archiving, lifecycle, and total smart management of their files as well."
eFileCabinet serves organizations that often have paper-intensive operations and frequent customer interactions—and many, which must comply with regulatory requirements. Core users of eFileCabinet's software are in accounting, banking, education, title companies, financial services, government, human resources, insurance, legal, medical, mortgage, mortuary/cemetery, special districts—and other business and service sectors. In Q1 2014, the company experienced tremendous growth outside of its core verticals to include construction, religious organizations, not-for-profits, retail, food and beverage, and energy. They all want eFileCabinet's simple, powerful and affordable document management capabilities for their office.
"The demand for our products have increased as more people see the need for an easy, affordable, secure, and compliance fulfilling document management software that makes their paperless efforts simpler," adds Peterson.
As a leader in electronic document management (EDM) services, eFileCabinet specializes in transitioning businesses to an efficient, time-saving, cost-effective paperless environment. eFileCabinet provides cutting-edge paperless software products and services that enable companies to capture, manage, store and protect valuable data. eFileCabinet's EDM software and storage services can be hosted on a company's local network or as software-as-a-service (SaaS) via "the cloud," a term for shared Internet-based computing.
About eFileCabinet, Inc.
eFileCabinet, Inc. offers a suite of document management software and file-sharing products/services helping businesses and organizations work quicker, smarter and more collaboratively. With more than 12 years in the document management industry, eFileCabinet is the trusted choice for over 107,000 users worldwide to store, protect, and share their valuable and confidential data. More at http://www.efilecabinet.com or 877-574-5505.
SOURCE eFileCabinet, Inc.