Today's News |
ACL Reports Record Growth in Fiscal Year 2014
Thursday, September 11, 2014Company Profile | Follow Company
ACL Reports Highlights of Successful Financial Year
Vancouver, BC, September 11, 2014--(T-Net)--ACL announced today that it achieved record growth benchmarks, expanded regional sales coverage and released major upgrades to its suite of software solutions during the company's fiscal year ending July 31, 2014.
During FY2014, ACL achieved the largest booked revenues in the company's history, according to the company. This included triple-digit growth in its cloud-based ACL™ GRC software business for the second year in a row, following the largest ACL GRC quarter on record in Q4 of FY2013.
Worldwide customer adoption of ACL GRC continued to earn strong market traction, including newly-added customer organizations across 25 countries, the company reported in a press release.
These milestones were jumpstarted with ACL's acquisition of Singapore-based The Prodigy Group, a leading GRC solutions provider in the South East Asia region, which closed in August 2013, at the start of the fiscal year.
"Acquiring The Prodigy Group was an exciting milestone for the company and a strategic move into a rapidly-growing region," said Ross Paul, Vice President of Global Operations at ACL. "That transaction really set in motion the year that followed."
Other operational business highlights included:
Product portfolio highlights included:
“Fiscal year 2014 was a key foundational year for ACL as we made major investments in product development, sales, regional expansion, and securing top talent,” said Laurie Shultz, President and CEO ofACL. “We believe that the GRC software market is at a pivotal point in its history and see a huge opportunity for ACL to disrupt the category and enable our customers to elevate the value they bring to their organizations.”
To learn more about ACL's integrated suite of products and consulting services, visit www.acl.com.
About ACL
ACL delivers technology solutions that are transforming audit, compliance, and risk management to give organizations unprecedented control over their business.
Our integrated family of products—including our cloud-based governance, risk management and compliance (GRC) solution and flagship data analytics products—are used at all levels of the enterprise to help maximize growth opportunities by identifying and mitigating risk, protecting profits, and accelerating performance.
Thanks to 25 years of experience and our consultative approach, we implement flawlessly so customers realize concrete business results fast at low risk. Our actively engaged community of more than 14,000 customers around the globe—including 89% of the Fortune 500 and hundreds of governments—tells our story best. Here are just a few. Visit us online at www.acl.com.
ACL media contact:
Jacqui Wilder
Stanton Public Relations
P. +1-646-502-3538
E. jwilder@stantonprm.com
© 2014 ACL Services Ltd. ACL and the ACL logo are trademarks or registered trademarks of ACL Services Ltd. SAP trademarks are the trademarks or registered trademarks of SAP AG in Germany and in several other countries. All other trademarks are the property of their respective owners.
Other Recent Company News |
|||||||||||||||||||
|