
PowerDMS
Provides cloud-based software services including organizing and managing crucial documents and industry standards, training and testing employees and upholding proof of compliance.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | Merger | ||
Total Funding | 000k |
USD | 2017 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
Related Content
PowerDMS is a company that specializes in document management and compliance solutions, primarily serving organizations in sectors such as law enforcement, fire departments, emergency medical services (EMS), municipalities, healthcare, and corrections. The company operates in the broader market of enterprise content management and compliance software.
PowerDMS offers a cloud-based platform that helps organizations manage, distribute, and track their critical documents and training materials. This includes policies, procedures, and accreditation standards. The platform is designed to simplify the process of maintaining compliance with industry standards and regulations, which can often be a complex and time-consuming task when done manually with paper documents.
The business model of PowerDMS is subscription-based, meaning clients pay a recurring fee to access the platform and its features. This model provides a steady stream of revenue for the company and allows clients to budget their expenses more predictably. The company makes money by charging these subscription fees, which can vary based on the size of the organization and the specific features they need.
PowerDMS helps its clients save time and money by moving their document management and training processes online. For example, the platform allows organizations to store and distribute training materials in various formats, such as videos and PowerPoint presentations, and even test employees on their knowledge. This eliminates many of the costs associated with in-person training, such as overtime and backfill costs.
Additionally, PowerDMS is equipped with tools to help organizations prepare for and maintain accreditation. This is particularly important for sectors like healthcare and law enforcement, where maintaining high standards of excellence is crucial. The platform simplifies the accreditation process by organizing all necessary documents and making it easy to prove compliance electronically.
In summary, PowerDMS provides a comprehensive solution for document management and compliance, helping organizations streamline their processes, reduce costs, and maintain high standards.
Keywords: document management, compliance, cloud-based, training, accreditation, law enforcement, healthcare, EMS, municipalities, cost-saving.
Tech stack
Investments by PowerDMS
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