BillSoft® Continues Strong Economic Growth

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BillSoft Inc., based in Overland Park, Kansas, continues 16 year growth trend with a 14% increase in revenue for the fiscal year ending March 31, 2013.

BillSoft, Inc., the leader in indirect taxation solutions, driven by state-of-the-art technologies and in-depth industry knowledge announced financial results for the fiscal year ending March 31, 2013. BillSoft’s revenue increased 14%, which continues an impressive 16 year trend of steady growth for the Overland Park, Kansas based company.

“Since BillSoft was founded in 1997, we have realized incredible and consistent growth year after year,” said Tim Lopatofsky, CEO of BillSoft. “Our compliance business maintained an accelerated growth rate and we continue to develop exceptional products that provide solutions for our customers.”

BillSoft increased staffing throughout the organization to continue to provide superior customer service and products. From 2011 to 2012, the company increased the number of new employees by 9%. This growth will continue as we fill new and open positions in software engineering, quality assurance and tax research. BillSoft strives to add highly skilled, knowledgeable and experienced individuals to its growing team.

This fiscal year BillSoft is off to a great start with 25% growth in revenue and a 12% increase in staff. In addition, BillSoft continues to increase its customer base in both the telecom and sales and use markets.

About BillSoft, Inc.
BillSoft offers indirect taxation solutions for nearly 750 distinct products, more than any provider in the market, with taxation in nearly 100 countries and approximately 300 detailed tax descriptions built-in. BillSoft offers "Your Total Tax Solution", which encompasses geo-coding, tax calculation, consulting, and compliance services, while supporting all major platform environments and many standard interfaces.

Founded in 1997, BillSoft’s continued growth is due to the company’s leadership through innovative technology, detailed tax knowledge, best of class solutions to challenging tax issues, and outstanding support to clients in a variety of industries. For more information about BillSoft, please visit http://www.billsoft.com.

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Marketing Communication Department
BillSoft, Inc.
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