SMALL BUSINESS TRENDS
Sourcepass | February 19, 2021
Sourcepass reports its dispatch and vision to turn into the biggest IT services supplier on the planet devoted to the SMB market (little and moderate sized organizations from 20-1000 representatives). Hoping to revolutionize and change how SMBs purchase and use IT services, Sourcepass is driving the charge to completely digitize the client experience by giving each client a canny application fueled by AI to deal with their current circumstance.
Today, one of the biggest business portions in the U.S. is the SMB market containing organizations near 640,000 and addressing a joined client check of more than 45 MM representatives. SMB organizations can't actualize a compelling and affordable IT procedure to help their organizations. SMBs are shuffling such a large number of IT sellers that can be exorbitant, they need smoothed out interchanges, tweaked answers for scalability and they manage a cumbersome IT client experience. The result is delay accordingly and issue goal affecting business, client experience, and income.
Sourcepass is centered around settling this help hole for each SMB in the U.S. In addition to having a history for progress having worked more than $6.5 BN in big business esteem over the previous decade, the Sourcepass group use their insight into the industry to more readily comprehend their clients' requirements. Their set of experiences of sending the absolute most complex innovation arrangements in the space has permitted their clients to zero in on their center business while surrendering the IT to the specialists.
“We want to fundamentally improve the lives of customers,” Sourcepass CEO and Co-Founder, Chuck Canton said. “Their IT challenges take valuable time and resources away from their operations. We see a major opportunity to make a real difference. We are going to simplify technology assistance and make this as convenient as streaming a movie on Netflix or ordering products on Amazon. We want our customers to have this same convenience in a professional setting so they can spend less time on IT and more time on running their business.”
Being client fixated and exceptionally committed to the client experience, the Sourcepass group is centered around conveying significant, adaptable arrangements that will empower SMBs to remain competitive in our developing digital period. Sourcepass is being developed to empower their customers a few self-services, and on-request IT arrangements, alongside straightforward perspectives into their whole IT foundation and business applications, right now inaccessible to this market.
To drive further energy, Sourcepass keeps on creating organizations to achieve their objective to turn into the biggest IT services supplier for SMBs. This incorporates vital M&A accomplice Revenue Rocket, who will assume a critical part in Sourcepass' future acquisitions.
“The Sourcepass team has a history of growing companies from infancy to multibillion dollar valuations. They are experienced in not only choosing the right acquisitions, but in knowing how to integrate companies to generate hypergrowth, increased profitability and shareholder value,” said Mike Harvath, CEO of Revenue Rocket. “As Sourcepass continues to go to market, we’re looking forward to executing with them a strategic plan to invest in companies that offer complimentary industry-best IT solutions for the SMB market. I have no doubt that with this plan and this team, Sourcepass will propel forward and achieve its vision,” concluded Harvath.
Sourcepass is digitizing the way small and mid-sized businesses (SMB) access innovative IT solutions by making strategic acquisitions in the IT Managed Services space. Sourcepass is committed to eliminating the challenges that SMBs face worldwide, allowing them to focus on their core business. In most companies, IT decisions become a huge distraction as they can be cost prohibitive. The Sourcepass culture promotes modernization, diversification, and productivity to deliver world-class IT results and drive growth.
SMALL BUSINESS ADVICE
Intuit | December 21, 2020
Today, Intuit (NASDAQ: INTU) QuickBooks declared the dispatch of the following period of its worldwide "Support YOU" campaign, demonstrating again how QuickBooks assists independent ventures with accomplishing thriving. Intuit first dispatched the "Support YOU" campaign in 2017 to celebrate and respect the individuals who work for themselves. Today, QuickBooks is revealing a U.S. also, Canadian, multi-channel, coordinated campaign called "Excursion to Success," including baseball legend and speculator Alex Rodriguez, indicating the high points and low points that entrepreneurs experience on their way to progress.
The campaign rejuvenates the means independent companies take to be effective, and the job QuickBooks and its associated set-up of business devices and arrangements can have in engaging their success. The two spots are named "Burger" and "Gaming," which jump into the different accounts of two private companies and their excursions to progress with the assistance of QuickBooks. From motivation to progress, the movies grandstand how the associated set-up of QuickBooks business instruments - including QuickBooks Payments, Payroll, Live Bookkeeping, banking and income abilities - give the organizations unparalleled assistance and experiences and help them succeed. "Burger" debuts today. "Gaming" debuts in January and furthermore includes Alex Rodriguez, executive and CEO of A-Rod Corporation, as a tutor close by QuickBooks to help a business meet their objectives.
Made in organization with Intuit QuickBooks' innovative office of record TBWA\Chiat\Day LA, the campaign goes past notices to likewise incorporate coordinated components, including an online video arrangement and social campaign that underpins private company achievement and features how the QuickBooks set-up of business apparatuses encourages them flourish. The movies were coordinated by grant winning chief Tim Godsall.
The new campaign is a continuation of the fruitful QuickBooks campaign "Support YOU," which appeared in 2017 and exhibited an assortment of ways QuickBooks has assisted independent ventures with overseeing unpredictability and make progress over its 20-year history. From featuring entrepreneurs and praising how they've made their fantasy a reality utilizing QuickBooks to Danny DeVito training genuine entrepreneurs on the more intelligent approach to maintain their business to Martin Kove from "The Karate Kid" and Annie Potts from "Ghostbusters" demonstrating how QuickBooks has made their lives simpler, the campaign has zeroed in on the QuickBooks brand obligation to help its private company and independently employed clients flourish. The current year's campaign centers around what characterizes accomplishment for an entrepreneur.
SMALL BUSINESS TRENDS
PINTEC | August 31, 2021
Pintec Technology Holdings Limited, a leading independent technology platform enabling financial services in China, today announced its decision to expand its technical services to focus on better empowering the small and medium enterprise ("SME") ecosystem, by leveraging the Company's advanced technology in big data, artificial intelligence, and cloud-based infrastructure. Specifically, the Company plans to utilize its "SaaS + Fintech" model as a total solution in order to accelerate the digitization of SMEs, encompassing technology-based credit services and solutions to the manufacturing process and operations of the SMEs.
Part of this decision requires strategic review of the Company's existing operations in order to optimize resource and talent deployment. As a result, the Company has determined to restructure certain non-core technical services, which require long-term investment but may generate negative earnings currently and in the foreseeable future, by transferring out 85% of its equity interest in FT Synergy Pte. Ltd. ("FT") at nil consideration (the "Deconsolidation"). Upon the completion of this deconsolidation, the financial results of FT will no longer be included in the Company's consolidated financial statements, therefore eliminating its negative financial impacts to the Company. Going forward, the Company will be focused on offering of comprehensive technology-based credit services and solutions to SMEs.
As a leading developer for credit services, PINTEC initiated a technology-based credit assessment system for SMEs as early as 2016. PINTEC's technology-based credit services and solutions focus on customer acquisition and risk control, and were adopted in several business aspects, including e-commerce, payment, corporate finance and taxation. As of the end of 2020, PINTEC's solution has enabled over 80,000 SMEs in managing their cash flows and needs.
Mr. Victor Li, Chief Executive Officer of PINTEC, stated, "Our historical proven track records, cumulative partnership collaborations, and advanced technology will enable us to naturally extend our focus on the SME digitization ecosystem, and to scale our offerings for expanded accessibility. Our total solution leverages our "SaaS + Fintech" capabilities in encompassing end-to-end services from manufacturing to operations, distribution, inventory control, human resources management, property management, financing, etc. for SMEs of various industry sectors. Our aim is to significantly enable these enterprises to enhance their operational efficiency and to reduce overall financial costs. In addition, we are confident that the deconsolidation of our loss-making non-core operation can effectively streamline our overall operations and improve our financial performance. These decisions and efforts fully reflect the execution of our strategic initiatives in optimizing our portfolio offerings, servicing and internalization."
PINTEC is a leading independent technology platform enabling financial services in China. By connecting business and financial partners on its open platform, PINTEC enables them to provide financial services to end users efficiently and effectively. The Company offers its partners a full suite of customized solutions, ranging from digital retail lending, digital business lending, robotic process automation, to wealth management and insurance products. Leveraging its scalable and reliable technology infrastructure, PINTEC serves a wide range of industry verticals covering online travel, e-commerce, telecommunications, online education, SaaS platforms, financial technology, internet search, and online classifieds and listings, as well as various types of financial partners including banks, brokers, insurance companies, investment funds and trusts, consumer finance companies and other similar institutions.