Xpertdoc Has Multiple Banking and Insurance Customers
For a startup business, acquiring brand name customers is vital to boost credibility in the market. Xpertdoc's customer list includes BNP Paribas (a French bank with a stock price of $27.10 per share as of January 20), Standard & Poor's, or S&P, (a capital markets company with a stock price of $321 share price as of January 20), the Hanover Insurance Group, Metro Bank, and Merchants Insurance Group.
The Startup Relies On Partners For Business Growth
Like other B2B technology companies such as Microsoft and HubSpot, Xpertdoc has a partner program. In the United States (US), the startup company's partners mostly focus on implementing its technology with Microsoft Dynamics 265. Xpertdoc's US partners include Highland Solutions, Softure, Technology Advisors, and Turnkey Solutions. The startup company also has partners focused on Salesforce, such as Brainsell Technologies and DemandBlue.
Xpertdoc Offers Services And Software
Xpertdoc's strategy to help companies includes professional services along with business software. The company's services unit offers consulting, implementation, initial setup, form design, and template design. Also, Expertdoc provides out of business hours support to make sure business owners can always manage their documents effectively.
Once the software is correctly set up, companies can automate various workflows and document processes with Xpertdocs. Specifically, the startup company helps businesses by generating documents like proposals, quotes, contracts, invoices, accounting reports, leases, and insurance documents.
Canadian Firms Funded Xpertdoc
Prior to the acquisition, Xpertdoc Technologies had received $2.3 million CAD ($1.8 million USD) in funding from two investors. The Investors in the document management startup company include Desjardins Venture Capital and BDC Venture Capital. Furthermore, Desjardins Venture Capital is the venture capital unit of Quebec-based Desjardins, a financial cooperative in Canada with 7 million members and $313 billion CAD ($247 billion USD) in assets. BDC Venture Capital is a division of Canada's Business Development Bank, which has committed funds to 62,000 entrepreneurs.
About the Author
Bruce Harpham is an author and marketing consultant based in Canada. His first book "Project Managers At Work" shared real-world success lessons from NASA, Google, and other organizations. His articles have been published in CIO.com, InfoWorld, Canadian Business, and other organizations. Visit BruceHarpham.com for articles, interviews with tech leaders, and updates on future books.