BigTime Software, a Chicago, IL-based supplier of time monitoring, challenge administration, useful resource administration, invoicing, and cost options for skilled companies companies, acquired WorkRails, a Huntington, NY-based firm offering a configure, worth, quote (CPQ) and workflow automation platform constructed particularly for skilled companies organizations.
The quantity of the deal was not disclosed.
The acquisition is a part of BigTime’s broader technique of offering modern, scalable options tailor-made to the wants of mid-market skilled companies organizations. The mixing of WorkRails’ CPQ performance with BigTime’s platform will provide skilled companies companies a unified resolution that spans challenge planning, useful resource administration, monetary forecasting, and gross sales automation. The phrases of the deal, together with pricing and construction, stay confidential. Nevertheless, WorkRails’ management workforce will proceed with the corporate in strategic roles, contributing to the combination of the 2 companies and additional creating the mixed resolution.
Led by CEO Steven Schneider, WorkRails gives skilled companies corporations with a platform to simplify advanced service configurations, streamline pricing, and speed up the gross sales cycle. Utilized by prime corporations, the answer empowers groups to generate correct quotes quicker, automate key workflows, and drive enterprise development.
Led by CEO and Founder Brian Saunders, BigTime Software program empowers skilled companies organizations with instruments that get rid of the guesswork in useful resource utilization, capability planning, and challenge profitability. Its skilled companies automation software program helps challenge planning, budgeting, time and expense monitoring, useful resource administration, invoicing, and reporting, permitting corporations to handle their most crucial asset: time.
The corporate, which serves accountants, architects, engineers, IT companies corporations, and consultants, had raised $100M development funding in January 2022 and purchased ProjectorPSA in 2022 and Primetric in 2023.
FinSMEs
08/11/2024
