LiquidFrameworks’ Second Quarter Sales Top Record-Breaking First Quarter
Houston, TX (PRWEB) July 15, 2016 -- LiquidFrameworks announced today that it executed a highly successful second quarter in 2016, with subscription sales results topping the record-breaking first quarter results.
LiquidFrameworks’ Vice President of Worldwide Sales, David Levitt, attributes the growth to increased demand in the oilfield, industrial and environmental services market segments for enhanced revenue capture and streamlined processes. “With the current economic climate, service companies are placing emphasis on maximizing revenue and cash flow (lowering DSO). FieldFX helps our customers streamline their processes, capture every dollar to which they are entitled and do more with less administrative overhead,” said Levitt.
LiquidFrameworks’ FieldFX solution is a cloud-based “quote to cash” field operations software suite designed to manage contracts, sales quotes, equipment, jobs and field tickets along with customer-specific electronic forms such as safety incidents, inspections and other operational data reports, while also accommodating the need for significant data capture and proof of delivery offline from the internet. FieldFX was designed specifically for field personnel (sales and operations), in order to increase usability and, therefore, increase and accelerate the value of the implementations.
“We are very excited to have continued the momentum generated in Q1 of 2016,” Levitt said. “Having exceeded the subscription sales from the first quarter is a reflection of the increased acceptance FieldFX is having with companies in the oilfield, industrial and environmental service industries, as well as a leading indicator for the improving market conditions in the oilfield segment of our business; our customers are positioning themselves for growth and improved margins by implementing FieldFX as the market is showing signs of recovering.”
“In addition to the excitement of net new customers, these sales numbers are notable, because they also reflect the success our current customers are having with the FieldFX product,” said Trent Derr, President and CEO of LiquidFrameworks. “Many of our current customers are in the process of expanding their FieldFX user base due to the benefits they are already experiencing.”
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 and LinkedIn.
Emily Rhodes, LiquidFrameworks, Inc., http://www.liquidframeworks.com, +1 713-552-9250 Ext: 0, [email protected]
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