JPD Financial Announces Double-digit Revenue Growth and Record Profitability in 2015

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With its vendor credit recovery program, JPD records 23% year-over-year buriness growth and expands its client base in the Americas and in Europe.

The recovery program has a direct impact helping our clients navigate through the complexity, ambiguity and speed of change in their supplier environments.

JPD Financial, a business process outsourcing firm that helps many of the world’s largest companies better manage their cash and accounts payable processes, reported a 23% year-over-year increase in revenue for the calendar year ended December 31, 2015. Account revenues grew 17% in the Americas and 28% in EMEA. More than 10 new corporate accounts were established during the calendar year, with several among the Fortune 500.

JPD Financial exceeded all revenue expectations in 2015 while continuing to enhance its service offering for global organizations. Among its new North American clients is an international distributor of automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials.

“JPD Financial’s strong fiscal performance reflects the success of our service model, which drives the delivery of innovative best-in-class recovery efforts, outsourcing services and creates an environment for improved cash management and more effective supplier operations,” said John Doyle, JPD Financial President and CEO. “Our growth is directly attributable to JPD’s professionals, who support the world’s most important organizations with quality and distinction, making an impact.”

“JPD experienced growth across its core service offering, in several industry sectors and geographic regions,” said Alexa Bradley, JPD’s Director of Business Development. “We expect our rapidly expanding Recovery Program to translate into significantly more revenue and profits for JPD. This service has a direct impact helping our clients navigate through the complexity, ambiguity and speed of change in their supplier environments.”

Attracting, retaining, and developing talent
JPD continues to be a leading career destination for talent, with its workforce growing across all regions and countries. Due to the explosive growth of new clients, JPD increased the Strategic Accounts team by 33% and the Shared Services team by 17% from the previous year.

A particular focus continues to be the JPD Financial Operations team; developing the skills, capabilities and mindset of current and next-generation JPD Financial professionals.

JPD is committed to driving positive experiences for its clients. “More organizations understand that doing good business is not just about increasing or driving profit. Organizations with a clearly established mission are more successful in retaining clients and attracting motivated talent. Every day we identify the issues that are critical to our clients, talent, and society and work to achieve meaningful results,” said Nick Hunt, JPD’s EMEA Managing Director.

About JPD Financial

For more than 30 years, JPD Financial has worked behind the scenes on behalf of Fortune 1000 clients to research and uncover funds that would otherwise be lost in today’s automated systems and written off due to automated systems and account miscommunications. They work with their clients’ suppliers to research credits, overpayments, and misapplied or duplicate payments that appear on their records, but that may not appear on the standard statements their clients receive.

JPD Financial is headquartered in Santa Clara, California with a European office in Harpenden, UK to service its global client base. JPD Financial’s client base includes most major vertical industries such as healthcare, telecommunications, energy, consumer goods, oil and gas, and manufacturing. For more information visit, http://www.JPDFinancial.com.

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Alexa Bradley

Anne Hohenberger
North Beach Advisors
650 766 8242
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