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FinancialForce.com sees 500% growth

by Rachael Singh

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20 Oct 2011

Financialforce.com logo

AN INTERNET SOFTWARE business has posted massive increases in monthly users in latest financial results.

FinancialForce.com reported a 500% increase in monthly users compared with the same period last year.

The online software provider is part of UNIT 4 which announced its third quarter results highlighting revenue across all its divisions had increased 3% to €102.5m (£89.53m), compared with the same period a year ago.

More than 53% of revenues across the group were recurring, with Germany, Scandinavia and Asia showing strong growth. The UK, Poland and Benlux performed in line with expectations.

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