DocsCorp announces its best ever year-end results for the financial year 2018-2019
Demand for its document productivity and compliance solutions has jumped in a year that has seen strict new data protection regulations introduced globally.
DocsCorp, a leading provider of enterprise productivity solutions, today announced its end-of-financial-year results for 2018-19, delivering a fifth consecutive record year and the best sales results in its 15-year history.
DocsCorp Co-Founder and President Dean Sappey, said that strong demand for its document productivity solutions, and especially products that help reduce unintentional data leaks drove sales to more than 20% YoY growth.
According to Dean “these productivity and compliance solutions have added more than 100,000 new users and over 500 new clients. These include large law and accounting firms, banks, government departments, and Fortune 500 companies. We were adding on average, two new clients every day to the 4,000+ that currently benefit from our solutions globally.”
Dean explained that “during the past year we have seen strict new laws and regulations being enacted in the EU, Australia, Canada, and in California to protect and secure personal data. Firms are turning to software solutions like ours, which can be deployed as part of a broader data security program to help them achieve their compliance obligations. We have also witnessed strong demand from U.S firms seeking to replace their legacy document comparison and metadata management applications with more powerful, easier-to-use technology.”
Investing in the future
DocsCorp helps businesses avoid risks when sharing information by eliminating the number one cause of unintentional data leaks – human error. Information leaks are usually not malicious but rather the result of sending confidential information to the wrong person, sending the wrong attachment, or failing to catch important changes between contract versions – all of which can result in serious consequences.
Dean emphasized that DocsCorp would continue to invest heavily in its R&D and Support teams over the coming years to build on the company’s year-on-year success, which he attributed to the company’s proven track record of delivering on innovation and superior customer service.