LiquidFrameworks Announces Record Setting First Half in 2018
HOUSTON (PRWEB) July 27, 2018 -- LiquidFrameworks announced today that it achieved record high revenues in the first half of 2018, as well as an 82% increase in year over year bookings compared to the first half of 2017.
LiquidFrameworks' Vice President of Worldwide Sales, David Levitt, attributes the revenue growth to the surge in demand for efficient, streamlined quote-to-cash processes for service companies in the energy industry, as demonstrated by LiquidFrameworks' extremely referenceable customer base. "Business operations in the energy industry is experiencing a transformational change. Operators are compelling their service providers to eliminate inefficient, inaccurate and antiquated processes. Our customers want to meet these demands by streamlining their business processes and strengthening their bottom line. FieldFX helps them accomplish these objectives and more."
LiquidFrameworks' FieldFX solution is a cloud-based mobile field operations software suite designed to manage contracts, quotes, equipment, jobs and field tickets along with customer-specific electronic forms such as safety incidents, inspections and other operational data reports. FieldFX was designed specifically for field personnel, in order to increase usability and, therefore, increase and accelerate the value of the implementations. The FieldFX solution also works both online and offline, which is critical for service companies in oilfield, industrial and environmental industries.
"LiquidFrameworks' domain expertise in the energy industry has helped distinguish FieldFX as the clear market leader in field automation for these companies," Levitt continued. "Automating processes in the field is a win for all parties involved."
"The first half of 2018 has been very exciting. Our team was able to increase bookings year over year by 82% for the first half of the year while maintaining high levels of customer retention," said Trent Derr, President and CEO of LiquidFrameworks. "I am confident that this momentum will continue to establish LiquidFrameworks as the clear leader in field service automation for the industrial services, environmental services and energy supply chain industries."
To learn more about how mobile field operations management solutions can add value to your oilfield or industrial/environmental service company visit http://www.liquidframeworks.com.
About LiquidFrameworks
LiquidFrameworks is a leading provider of cloud-based, mobile field operations management solutions serving the oilfield, industrial and environmental services industries. LiquidFrameworks' FieldFX® solution provides companies with numerous benefits, including increased and accelerated revenue capture, increased cash flow, improved contract compliance, increased invoice accuracy and improved customer responsiveness. LiquidFrameworks is based in Houston, Texas. To join the conversation, follow @LquidFrameworks on Twitter.
Emily Rhodes, LiquidFrameworks, Inc., http://www.liquidframeworks.com, +1 7135529250, [email protected]
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