Stockholm, Sweden (PRWEB) April 26, 2014
Annual Award Recognizes the “Most Promising” Companies Driving the Future of Technology
Global media company and leading technology industry news source Red Herring has honored financial software provider Adra Match winner of its prestigious Red Herring 100 award – an annual ranking of the 100 most innovative private technology companies in the European business region. Red Herring’s Top 100 list is a mark of distinction for identifying promising companies and entrepreneurs.
Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
"We are very happy and honored to join the distinguished group of companies who have been honored by Red Herring," said Martin Thunman, CEO, Adra Match.
“Selecting startups that show the most potential for disruption and growth is never easy,” said Alex Vieux, publisher and CEO of Red Herring. “We looked at hundreds and hundreds of candidates from all across the continent, and after much thought and debate, narrowed the list down to the Top 100 Winners. Each year, the competition gets tougher but we believe Adra Match demonstrates the vision, drive and innovation that define a Red Herring winner.”
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, overall business strategy and market penetration.
This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.
Adra Match develops and markets reconciliation software for a smarter Month End Close Process. With 20 years’ experience of providing software for the automation of the Month End Close Process, Adra Match is a market leader with 3000 customers. Reconciliation software helps accounting and finance teams to work smarter and quicker, with better control and accuracy. The solutions streamline and standardise accounts departments and give them an overview of the company's balancing process at all times.
Adra Match has an origin in Scandinavia just like many other financial software companies like Axapta, Navision, IBS, IFS, Jeeves and Visma and today we serve customers in more than 30 countries around the world. Among our customers are Hertz, GE Capital, KPMG, Toyota, IKEA and BMW.
For more information, contact:
Martin Thunman, CEO of Adra Match
Tel: + 46(0)73 383 96 11