Sourcepass Launches to Revolutionize the IT Services Industry for SMB Market

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.

About Sourcepass

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.


Many go into business for the opportunities to do what they’re passionate about, working with customers on products and services that closely match their own talents and interests. For others, owning a business enables them to gain control over how they spend their time, and thus create the freedom to choose how and where they work. That freedom that comes with small-business ownership doesn’t mean owners are free from worries, however. Not at all. Ask these owners what keeps them up at night and they’re likely to tell you that they constantly think about the security of their business, their employees and their customers.


Many go into business for the opportunities to do what they’re passionate about, working with customers on products and services that closely match their own talents and interests. For others, owning a business enables them to gain control over how they spend their time, and thus create the freedom to choose how and where they work. That freedom that comes with small-business ownership doesn’t mean owners are free from worries, however. Not at all. Ask these owners what keeps them up at night and they’re likely to tell you that they constantly think about the security of their business, their employees and their customers.

Related News


DBS named 'World's Best SME Bank' by Euromoney for second time

DBS | July 18, 2022

DBS has been recognised as the 'World's Best SME Bank' yet again, entrenching the bank's position as a global industry leader in partnering SMEs to grow and expand their businesses across borders and digitally. DBS' latest global best SME bank accolade comes from leading UK-based financial publication Euromoney, which has honoured DBS with the 'World's Best SME Bank' title for the second time since 2018. Louise Bowman, Editor of Euromoney, said: DBS has applied its customary digital innovation to the SME space with great success. This is not just a Singapore story: DBS has more than half of its SME book outside of its home base, and our review period was characterised by impressive growth in India, Southeast Asia and China. Since the start of the pandemic in early 2020, DBS has tapped on emerging technologies relentlessly to help SMEs, especially micro and small enterprises, manage their credit risk. DBS has developed algorithmic models powered by artificial intelligence and advanced data analytics that alerts the bank to potential signs of trouble faced by SMEs. With these capabilities, DBS was able to successfully identify over 95% of non-performing SME loans at least three months before the businesses started experiencing credit stress. Of these, over 80% of borrowers accounting for more than SGD 700 million in loans were averted from risk. As a result of its robust credit processes, since 2020, DBS has approved over 16,300 collateral-free loans totalling more than SGD 7 billion to SMEs in Singapore, with over 90% of the loans going to micro and small enterprises. "We are honoured and thrilled that Euromoney has chosen to recognise DBS as the World's Best SME Bank once again. We are encouraged that our commitment to support our customers and the SME community through thick and thin has been recognised. As SMEs emerge from the pandemic, they are walking into intensifying macro-economic headwinds, geopolitical tensions and supply chain turmoil. In all operating environments, we will continue to partner our SMEs to proactively manage their cashflow and liquidity needs while cheering them on to keep up the momentum of their digital transformation and business expansion journeys." -Joyce Tee, Group Head of SME Banking, Euromoney also awarded the World's Best 'Financial Innovation of the year' to DBS' Fixed Income Execution (FIX) Marketplace, Asia's first automated digital bond issuance platform where issuers can directly connect with investors on the platform at their sole discretion. Launched in 2021, FIX Marketplace aims to propel efforts to create a more efficient and accessible capital market through digitalisation, thereby creating more inclusive and accessible markets for issuers. Bowman said, "FIX Marketplace was a classic example of DBS not just waiting for the future to come but helping to design it. FIX Marketplace is an important step in the digitalisation of the capital markets. DBS also won another two first-time awards – it was named Asia's Best Bank for Wealth Management, beating established global private banking peers; and Hong Kong's Best Bank, dethroning a bank with an extensive global network which had won the award for 21 consecutive years. Bowman added, DBS achieved strong profit growth in Hong Kong as the established names experienced sharp falls. Groupwide investment in digital, and some sensible decisions around sector exposures, have paid off for the bank while others have struggled. In 2021, DBS bagged a record number of global accolades, including many first-time wins. Global wins included 'World's Best Bank' and 'World's Best Digital Bank' from Euromoney, 'Global Bank of the Year' and the global award for 'Most Innovative in Digital Banking' from Financial Times publication The Banker, and 'World's Safest Commercial Bank' from New York-based Global Finance. About DBS DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world. Recognised for its global leadership, DBS has been named "World's Best Bank" by Euromoney, "Global Bank of the Year" by The Banker and "Best Bank in the World" by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named "World's Best Digital Bank" by Euromoney and the world's "Most Innovative in Digital Banking" by The Banker. In addition, DBS has been accorded the Safest Bank in Asia" award by Global Finance for 13 consecutive years from 2009 to 2021. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region's most dynamic markets. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit

Read More


Funding Circle, DreamSpring Partner to Increase Access to Capital for Small Business Owners in Underserved Communities

Funding Circle | July 06, 2022

Funding Circle, one of the nation’s leading online small business loans platforms, and DreamSpring, a nonprofit community development financial institution (CDFI) with nearly 30 years of experience in community lending, have launched a new partnership to increase access to funding for small business owners in underserved communities across the nation. The new partnership aligns with both organizations’ shared commitment to advancing entrepreneurship and innovation by providing equitable access to capital to small businesses. Through this lending-as-a-service program, DreamSpring will be able to expand its distribution and impact throughout the nation and originate more loans faster and at a lower cost, all while ensuring a seamless experience for customers. DreamSpring small business customers who apply through the co-branded application portal will receive one-on-one support from a dedicated Funding Circle Account Manager, an approval decision in a matter of hours and access to funds in as few as 48 hours. “We are excited to offer financial institutions our customizable end-to-end lending platform and technology that we have spent the last 12 years developing, said Angus Sanders, Chief Revenue Officer of Funding Circle US. We look forward to seeing the positive impact our partnership with DreamSpring has on communities across the country, especially those underserved.” “At DreamSpring, we lend at the intersection of mission, technology, and heart. Our relationship with Funding Circle will be transformational—empowering entrepreneurs to rapidly access funding necessary for job creation and small business growth, Together, we will provide the flexibility and resources small business owners need to navigate today's changing economic climate.” -Francisco Lopez, Chief Operations and Innovations Officer at DreamSpring. Funding Circle is committed to helping small businesses get the funding they need to thrive by working closely with financial institutions—including national, regional and community banks and community development financial institutions (CDFIs)—to achieve this mission, most recently launched a small business lending-as-a-service partnership with Pitney Bowes. A study published by the Philadelphia Federal Reserve this year found that Funding Circle has been able to expand credit access to underserved small business owners who are not likely to receive funding from traditional lenders, and has done so at a lower cost to borrowers. The study also noted Funding Circle’s partnerships with community institutions made it possible for those banks to reach new customers during the pandemic. About Funding Circle: Funding Circle (LSE: FCH) is a small and medium enterprise (“SME”) loans platform. Since launching in 2010, investors and lenders across Funding Circle's geographies - including banks, specialty finance companies, asset management companies, insurance companies, government-backed entities and funds - have provided approximately $18 billion to over c.120,000 businesses globally. About DreamSpring: DreamSpring is a nonprofit community lender dedicated to eliminating systemic wealth inequities and accelerating the economic inclusion and strength of underserved communities. Founded in 1994, the organization, which operates in 19 states, provides rapid access to capital and customized wrap-around support to the most vulnerable small business owners, focusing on communities including people of color, women, low- to moderate-income earners, people with disabilities, and start-ups. To date, DreamSpring has issued more than 42,000 loans totaling over $465 million to small businesses that support an estimated 72,000 jobs. Learn more at

Read More


SurePayroll and FreshBooks Integrate Services to Simplify Payroll and Accounting Responsibilities

SurePayroll | July 20, 2022

SurePayroll, a leading provider of small business payroll and HR solutions, and FreshBooks, a leading cloud accounting software, today launched a system integration that enables FreshBooks and SurePayroll users to automatically synchronize payroll expenses and liabilities to their FreshBooks account. The application program interface (API), eliminates manual entry, saving clients time and improving recordkeeping accuracy by automatically transmitting general ledger information once payroll processing is complete. "We continue to form partnerships and integrations to help small business owners ease pain points, increase efficiency and save time every step of the way. The SureParyoll service integration with FreshBooks is yet another way we support small business owners as they build and grow their business, care for their employees, and help them succeed, service.SurePayroll offers a robust online payroll tool—supported by a U.S.-based service team—so small business owners can easily and accurately process payroll and taxes. Plus, SurePayroll helps small business owners care for their employees by offering 401(k) plans, workers' compensation, and health insurance. -Ted Jordan, Paychex vice president FreshBooks is delighted to expand its product in the U.S. with payroll integration through SurePayroll, said Chitra Unnikrishnan, FreshBooks senior director, product marketing. This integration offers growing small businesses an opportunity to streamline processes, and with time saved, focus on connecting with customers. For more information about the SurePayroll suite of small business and household employer solutions, including the FreshBooks integration, visit About SurePayroll  SurePayroll, a Paychex company, has been a leading provider of online payroll services to small businesses nationwide for more than 20 years. As the first software as a service payroll company, SurePayroll has grown to become a household name in easy-to-use payroll, workers' compensation, 401(k) plans, and health insurance services, all backed by an award-winning, U.S.-based customer care team. Most recently, SurePayroll added HR services to its portfolio of solutions. By offering the additional flexibility of private-label and co-branded solutions, SurePayroll serves as a strategic partner for a diverse range of businesses and trusted advisers, including financial institutions and accountants. About FreshBooks FreshBooks is changing the way business owners manage their books. Its owner-first accounting platform, loved by businesses in over 160 countries, takes an easy-to-use approach to managing finances, billing, payments, and client engagement. FreshBooks, known for its 10x Stevie award winning customer support, serves customers of all sizes from offices in Canada, Croatia, Mexico, Netherlands, Germany, and the U.S.

Read More