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Photo of Christine DoverOffline

With the fast adoption of cloud computing a whole new crop of financial technology vendors have emerged and it can be difficult for a financial professional to keep up. Communities like Proformative are popping up to connect like minded professionals to get answers to questions, rate vendors, and come together at events. The ProformaTech 2013 conference was one of those events and provided me an opportunity to catch up a few innovative providers of financial solutions in the cloud - Acumatica, Aria Systems, FinancialForce, Intacct, Kyriba, and RevStream.

Photo of Christine DoverOffline's PaaS solution is being used by ISVs to very quickly build out products and grow their business. Also the switch from flat rate pricing to a revenue share model enables ISVs to build enterprise offerings that they can sell on a consumer scale. Two examples of the ISVs chosing to build on are Veeva Systems, which went from a 2007 start-up to an estimated $100M revenue in 2012 and Kenandy, which went from company launch in August 2011 to its first 7-figure deal just 18 months later.

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