FinancialForce.com sees 500% growth

FinancialForce.com sees 500% growth

Accountancy software provider UNIT4 shows strong growth in its online accountancy IT arm

AN INTERNET SOFTWARE business has posted massive increases in monthly users in latest financial results.

FinancialForce.com reported a 500% increase in monthly users compared with the same period last year.

The online software provider is part of UNIT 4 which announced its third quarter results highlighting revenue across all its divisions had increased 3% to €102.5m (£89.53m), compared with the same period a year ago.

More than 53% of revenues across the group were recurring, with Germany, Scandinavia and Asia showing strong growth. The UK, Poland and Benlux performed in line with expectations.

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