News | May 13, 2015

Vorex Announces New Multi-Currency Capability For Its Online Business Management Platform

New feature enables SMBs to conduct financial transactions in their desired currency, advancing Vorex’s global expansion

Vorex, Inc., a leader in cloud-based business management solutions that combine professional services automation (PSA) and project management tools for small to mid-size businesses (SMBs), recently launched new multi-currency support for more than 100 countries. The new capability enables international companies to perform billing and financial transactions in their native currency within Vorex’s online business management platform.

International companies using Vorex’s platform can simply change their currency preference in settings and begin using their desired form of currency instantly. Vorex’s secure platform helps SMBs, including IT service providers, marketing, accounting and other professional services firms, better manage and grow their businesses, while increasing profitability. With this addition, Vorex is well-positioned to continue its global expansion. Today, Vorex serves customers throughout North America, Europe, Australia, Africa and the Middle East.

SMBs make up most of the world’s companies and have been the driving force behind the IT industry’s growth over the last few decades. With the number of SMBs increasing rapidly, global SMB spending on IT is forecasted to grow at a CAGR of 5.54 percent from 2013-2018. SMBs’ technology needs might vary, but they all have limited resources and a need for affordable software that helps them run their businesses smoothly. Vorex’s all-in-one business management platform combines project management, HR, finance, time and expense tracking, CRM and more to streamline operations, provide greater business insight and increase profitability.

“Our global customers count on Vorex to simplify and automate all of their daily operational tasks so they can get back to focusing on growing their businesses,” said Mike Salem, CEO and founder of Vorex. “We are excited to launch this new multi-currency capability, so our customers all over the world can conduct business in their native or desired currency, further streamlining operations. This is just one step of many more to come in our international expansion.”

About Vorex
Vorex is a leading provider of online business management solutions that combine project management and professional services automation (PSA) tools for SMBs. With a simple and feature-rich platform, Vorex’s cloud-based solution makes it easy and intuitive for professional services organizations, such as marketing, accounting, legal and IT service providers to manage, grow and track their businesses. The cloud-based, all-in-one platform offers business management tools, including project management, financials, time-tracking, invoicing, billing, help desk, ticketing, native CRM, and integrations into popular SMB tools, such as QuickBooks and more. Headquartered in Dallas, Vorex serves hundreds of customers throughout North America and Europe, with regional offices in San Francisco, New York and London. For more information, visit www.vorex.com

Source: Vorex