June 15, 2024

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Truly Business

BQE Software program Announces Development Financial investment from Serent Money

3 min read

AUSTIN, Texas & SAN FRANCISCO–(Company WIRE)–BQE Software package, a leading cloud-centered computer software company to specialist assistance firms, declared a considerable development expense from Serent Cash, a expansion-centered firm that invests in technologies and tech-enabled expert services firms.

BQE Software’s flagship merchandise, BQE Core, is a native cloud-based platform that centralizes and automates time monitoring, billing, task administration, accounting, customer romantic relationship management (CRM), human resource management, and ePayments in a single AI-powered system.

BQE Main is made to help skilled expert services corporations, these kinds of as engineering, architecture, consulting, accounting, and lawful companies, resolve their most important worries and become a lot more productive, effective, and rewarding. The enterprise delivers a extensive selection of integrations, getting rid of the require for handbook info entry and allowing shoppers to control their complete business enterprise from one particular system.

Since its founding in 1995, the business has served 400,000 end users globally, and served its consumers regulate near to $10 billion in once-a-year billing and invoicing.

BQE will leverage its partnership with Serent to grow investments in its product system (including the not long ago introduced new CRM and HR choices), broaden its purchaser achievement functionality to far better provide its existing prospects, and scale new buyer acquisition attempts. BQE will also be leveraging the means of Serent to go after strategic acquisitions that extend its presence in the qualified expert services automation current market globally.

“We see a remarkable prospect to increase on the accomplishment of BQE Core, and we’re fired up to companion with the Serent team on the upcoming phase of our expansion journey,” mentioned Shafat Qazi, Founder and CEO of BQE. He continued, “With Serent’s knowledge, assistance and sources, we glimpse forward to accelerating our products innovation even though simultaneously serving to much more consumers work competently by BQE’s award-profitable system, regardless of the place they are positioned geographically.”

“Shafat and his crew have designed an business-main system that delivers enormous price to end users, and we’re delighted to partner with him for the next phase of development,” reported Kevin Frick, Co-Founder and Associate at Serent Cash. He continued, “We share Shafat’s vision for the company and see prospects to expand BQE’s footprint by investing further in the product, expanding profits and promoting initiatives, and pursuing strategic acquisition options.”

BQE represents Serent’s 4th platform expense in the skilled expert services automation (PSA) industry. Serent’s prior investments in this conclusion-current market include things like Actionstep, Apex HCM, and Avionté.

About Serent Funds

Serent Money invests in increasing businesses that have formulated powerful remedies that address their customers’ needs. As those people organizations expand and evolve, the chances and issues that they face alter with them. At Serent Money, principals have firsthand practical experience capturing those people prospects and navigating these difficulties by way of their encounters as CEOs, strategic advisors, and board members to prosperous rising firms. By bringing its abilities and capital to bear, Serent seeks to enable escalating firms prosper. For additional info on Serent Capital, take a look at www.serentcapital.com.

About BQE

BQE Application develops innovative small business administration alternatives for qualified companies firms. Its flagship merchandise, BQE Core®, is a native cloud-based solution that centralizes and streamlines the way firms enter and use info for time tracking, billing, project administration, and accounting. BQE Main gives them the pace and perception required to fast make educated conclusions, increase efficiency, and develop income. BQE is reliable by leading architects, engineers, accountants, attorneys, IT experts, and enterprise consultants. For more data, stop by www.bqe.com.

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