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Sageworks history
Sageworks company history timeline
Sageworks was founded in Raleigh, North Carolina in 1998 by serial entrepreneur Brian Hamilton and computer programmer Sarah Tourville.
October 2002 – The FASB and the IASB announced the issuance of a memorandum of understanding, the Norwalk Agreement, marking a significant step toward formalizing their commitment to the convergence of United States and international accounting standards.
In January 2004, the company announced a deal to license to LexisNexis its ProfitCents public product, which turns United States Securities and Exchange Commission data from public companies into plain-English text reports.
October 2008 – The FASB and the IASB established the Financial Crisis Advisory Group (FCAG) as part of a joint approach to address the reporting issues arising from the global financial crisis.
They continued to develop a common impairment model through July 2012.
July 2012 – Divergence of the FASB and the IASB begins.
August 2012 – The FASB decided, by unanimous vote, to amend the proposed three-bucket model to simplify the measurement objectives and address the concerns that were raised.
May 2013 – Open comment period for both proposals, wherein stakeholders are encouraged to provide feedback on proposals.
In 2013, Scott Ogle became chief executive officer.
In 2014, Sageworks launched its LoanSage product, a platform for small business owners to get loans of up to $2 million in one day.
In November 2016, the company launched a platform that helps lenders provide financing for small and medium-sized businesses.
In June 2017, it released its CashSage product, for analyzing cash flow.
Upcoming Webinars October 18, 2018: Group Demo: Shorten the Loan Process with the Electronic Tax Return Reader October 24, 2018 : Digital Lending – The Key to Creating a Better Borrower Experience
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Sageworks competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Motion Computing | 2001 | $15.0M | 200 | - |
| MeetingOne | 1999 | $5.0M | 20 | - |
| FarStone Technology | 1993 | $1.6M | 20 | - |
| Eagle Point Software | 1983 | $4.3M | 20 | - |
| Numara Software | 1991 | $5.3M | 200 | - |
| Comodo | 1998 | $28.9M | 1,201 | - |
| Rainmaker Systems | 1991 | $17.7M | 150 | 4 |
| Infinit Technology Solutions | 2005 | $7.0M | 47 | 5 |
| Navman Wireless USA | 1988 | $84.9M | 123 | - |
| Accountmate Software Corporation | - | $430,000 | 9 | - |
Sageworks history FAQs
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Sageworks may also be known as or be related to SAGEWORKS INC and Sageworks.