LONG BEACH, Calif., Feb. 20, 2019 /PRNewswire/ -- Applied Business Software ("ABS"), is excited to announce another year of double-digit growth for the fiscal year 2018.
For fiscal year 2018, ABS experienced a 46% increase in sales of The Mortgage Office© and The Loan Office©, and 66% increase in net profits. The growth was fueled by continued investment in product innovation, multi-licensing options, and our terrific sales department.
"Central to our growth strategy is the modular approach to our product development that enables a continuous flow of new features and enhancements that keep our clients at the leading edge of their industry," says ABS CEO Jerry Delgado. He continued: "Our flexible licensing is also fueling our growth by enabling our clients to choose a licensing model that works best for them, whether on-premise, cloud-based or hybrid."
About Applied Business Software
Applied Business Software is a market leader and global provider of software systems and solutions to the lending industry. ABS offers a complete suite of software products designed from the ground up to specifically address the needs of those who originate and service loans. All our products are consistently rated superior in design, system interface, expandability and ease of use. ABS continuously updates its product line, always keeping it ahead of the curve with ever changing technology, and compliant with the rules and regulations that affect the lending industry. It offers Cloud Hosting, SaaS and Perpetual License options which address the needs of any size company. ABS is based in Long Beach, California. For additional information about ABS's products and services, visit www.themortgageoffice.com or call (800) 833-3343.
Press Contacts
For Applied Business Software, Inc.:
Elizabeth Morales
Chief Marketing Officer
(800) 833-3343
[email protected]
www.themortgageoffice.com
SOURCE Applied Business Software
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