Backed By Lightspeed & Matrix, This Startup Aims To Become The Canva For Document …

Backed by Lightspeed Venture Partners and Matrix Partners, Revvsales has customers in the US, Singapore, UK, South Africa, India and Australia …

The coronavirus pandemic has forced people around the world to give up their daily lives and limit themselves to their homes. Such a drastic change in behaviour has obviously had an impact on businesses everywhere, including in India, where many IT giants, startups and corporates have also asked employees to work from home. However, this impact is not just limited to their balance sheets but also in their day-to-day operations.

Beyond just adjusting to working outside the office, it’s also about finding new ways to connect with teammates, reviewing targets and approaching consumers and customers in a more responsible manner. Perhaps nothing is more important for businesses these days than automation in most processes.

Even something as simple as creating a document for collaboration and processing can be fraught with complications when working with a remote workforce. Documentation is at the core of all businesses, and documents that have transaction values are crucial from the bottomline perspective as well. Bengaluru-based Revvsales is targeting this basic need for companies and empower them in creating and managing documents such as proposals, invoices, quotes, contracts and agreements of various kinds, resignation letters, recommendation letters and more.

Founded in 2018, the all-in-one document management system lets businesses take full control of document templates, approval flows, workflows and data from internal systems. Simply put, Revvsales is looking to bring alternative to Google Docs or Microsoft Word, which while indispensable in many cases, may not have the smarts that Revvsales has added to its system.

Cofounder and CEO Rishi Kulkarni told Inc42 that when it comes to document tools, the biggest mind share continues to be Microsoft Word and Google Docs, however, these are generic and may not integrate with communication apps, enterprise email and cloud storage solutions or platforms such as Workato, Hubspot or Salesforce. To infuse documents with logic, data and application programme interface (APIs) still need some kind of consultant or additional resource.

“That is where most of these applications fall short. We are not up against one competition, we are up against a suit of application as we bring all of that under one roof,” added Sameer Goel, cofounder and COO.

Besides Revvsales, other notable document and template management applications include eFileCabinet, Hightail, PaperTracer, DocuWare, Templafy, M-Files, MasterControl and more. But a majority of these target enterprise clients and bigger customers. Revvsales currently focuses on bringing enterprise-grade, data management tools to individuals, teams, freelancers and small and medium businesses (SMBs). “This is the target segment which needs most help when it comes to tools, software and technology. Large corporates have enough resources to make it through this period,” added Kulkarni.

Backed by Lightspeed Venture Partners and Matrix Partners, Revvsales has customers in the US, Singapore, UK, South Africa, India and Australia among other markets. The list includes Sprout Solutions, Randstad, Hypertec, Moglix, Hexagon, Miracle Software Systems among others. With an undisclosed amount of funding raised from investors, the current focus is on revenue generation. Revvsales charges customers on a per user basis at a rate of $15 per user per month for SMBs. The service is free for teams with less than ten members.

Revvsales emerged from stealth mode in September 2019, and has been aggressively pitching its products to SMBs, enterprises and founders since then at various industry events, but this had to change with Covid-19. “In fact, we had booked a booth at SaaStr event which was supposed to be held in March, but then Covid-19 happened and everything got cancelled,” Kulkarni revealed.

By mid-March, the entire team had moved to work from home and by April, things slowly began to normalise, when the company started seeing gradual growth as most companies started to work remotely. “A lot of them were looking for product-first, easy to use collaborative tools. This was automatically followed by virtual product demos via email, video and audio calls,” shared Goel.

Since January, it has seen 1500 businesses using its platform. The freemium model offered by Revvsales has been a major trigger behind this growth. “Honestly, we do not know, if Covid-19 or the need for the enterprise to have a simplified document management system triggered this growth,” said Kulkarni.

As per the Wall Street Journal report, nearly 28% of job searches are now for remote or work from home, and the searches went up to 40%. Revvsales, which essentially addresses remote working challenges, is looking to automate most of the features across its document management system through artificial intelligence, machine learning algorithms and predictive analytics.

When it comes to safety, storage and authenticity of documents, Revvsales currently uses Amazon Cloud Services (AWS), approved SOC 1 and SOC 2 cloud security. Its eSignature is approved in 48 countries in Europe, US and UK.

Citing the example of Canva and Grammarly for what it has done for design and writing, Goel said that Revvsales aims to be that player in the document management space. He said the idea is to use documents as a vehicle to transfer data from one system to another and simplify the experience of not having to use multiple applications and tools in the process. “Making things simple is complex,” said Kulkarni.

“At the end of the day, users don’t care what technology you have used to get the product right, what they really care is the convenience factor, and how easy, safe or simple your product is to use,” concluded Goyal.

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New offerings bolster GCash

Most fintech [financial technology] companies in the Philippines battle for the most convenient products, but it is high time for everyone to start talking …

New offerings bolster GCash

September 15, 2019

GCASH, an electronic-cash services provider backed by Globe Telecom Inc., continues to expand its reach in the local cashless economy by introducing new services to attract more users.

In this regard, GCash recently expanded its partnership with Puregold Price Club Inc. to allow its users to load their account via a barcode in all the listed supermarket operator’s branches.

“You put the amount that you want on the GCash app, then we generate the barcode and you [hand over] your cash and it’s done,” Globe President and Chief Executive Officer Ernest Cu said at the service’s launch in Taguig City on Tuesday.

For his part, Puregold President Vincent Co said there were 65 Puregold stores — out of 354 across the country as of 2018 — with exclusive lanes for GCash.

The e-wallet is operated by Mynt, which is a partnership between Globe, its parent firm Ayala Corp., and Ant Financial.

“Puregold and GCash have been longtime partners in providing useful innovations to Filipinos. By tapping Puregold checkout counters as cash-in points, we encourage more people to discover and enjoy the convenience of going cashless,” Fred Levy, Mynt’s chief commercial officer for transfers, said in a statement.

On Wednesday, GCash also unveiled its Customer Protect program that offers up to P100,000 as compensation for unauthorized financial transactions using GCash on the Messenger or GCash Mastercard platforms.

“It’s actually elevating the financial landscape. Most fintech [financial technology] companies in the Philippines battle for the most convenient products, but it is high time for everyone to start talking about security. If you are able to provide this platform you should be able to back it up and protect users, as well,” GCash Risk Policy Lead

Louie Miguel Santos said.

The Barcode: What people REALLY think of Plymouth’s mega new leisure complex

The Barcode, Plymouth’s newest leisure complex, will have a Cineworld cinema with IMAX screen, Paradise Island Adventure Golf course and a …

With the Barcode set to open next month, Plymouth people have been sharing their views on what they think of the building and what they expect from the new development.

The Barcode, Plymouth’s newest leisure complex, will have a Cineworld cinema with IMAX screen, Paradise Island Adventure Golf course and a variety of restaurants.

While many local people are excited for the development, saying it will ‘modernise’ the area and give us more things to do in the city centre, others are disappointed in its appearance and question whether the development is really aimed at local people.

We asked local people what they thought.

Find out what Plymouth people REALLY think of the Barcode in the video above

‘It’s excellent’

Local man Keith Oxenham is looking forward to the new development and thinks it will update and modernise the area.

He said: “It’s excellent, it’s modern, it will be nice.”

Plymouth Live asked local people what they think of the new development ahead of its opening Pictured: Keith Oxenham (Image: Penny Cross / Plymouth Live)

“It’s a good idea, an upgrade, you can’t have the old stuff, this is excellent,” he added.

‘It’ll keep kids off the streets’

Kyle White, 23, from Plymouth, thinks the Barcode will keep children off the street and give young people something to do.

Kyle said: “It’ll be a good thing, it’ll keep trouble off the streets, it’ll keep kids off the streets.”

Plymouth Live asked local people what they think of the new Barcode development. Pictured: Kyle White (Image: Penny Cross / Plymouth Live)

Kyle says he’s mostly looking forward to the cinema. He said: “It’ll be a better cinema, hopefully not as expensive as the other one.”

Not everybody is impressed, though.

Susan Stoker, from Plymouth, likes that there is different architecture around the city, but doesn’t think the Barcode is designed for local people.

Susan said: “I really like the different architecture in the city. I don’t have a problem with this architecture, I like the juxtaposition of the whole thing. However, in these particular times of austerity, I don’t think they [Plymouth City Council and the developers] have thought about local people.

Plymouth Live find out what people think of the new development ahead of its opening. Pictured: Susan Stoker and Lesley Chrysanthou (Image: Penny Cross / Plymouth Live)

“It’s for business and money-making. It’s not giving something to the city.”

Susan also questioned how long the development would remain popular – and remain open – and suggested the money spent could have been spent elsewhere.

She said: “I don’t think it’s going to benefit the people of Plymouth. It’s a very poor city, it won’t be for the people of Plymouth. [The money should be spent on] an airport [that] would benefit the city.”

Lesley Chrysanthou added: “I think it’s ugly, it’s off-putting, it’s not in harmony with the rest of the city.”

Dan Lee, 23, from Wadebridge doesn’t think he’ll visit the Barcode.

Plymouth Live find out what people think of the new development ahead of its opening. Pictured: Dan Lee from Wadebridge. (Image: Penny Cross / Plymouth Live)

He said: “I prefer an old-school cinema, with old-school seats in a nice old building, Wadebridge Cinema is really good for that.

“These new cinemas are alright, the picture and all of that is really good and the sound quality is really good.”

The Barcode will open next month next to Drake Circus in Plymouth City Centre.

To find out more click here.

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Global Healthcare Enterprise Content Management Market 2019-2023: Competitive Landscape …

This unstructured content holds most of the critical patient data, which is … deep-learning (DL), Big Data analytics and intelligent text-mining features …

DUBLIN, Sept. 9, 2019 /PRNewswire/ — The “Global Enterprise Content Management Market for Healthcare, Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

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Global Enterprise Content Management Market for Healthcare, Forecast to 2023 provides a comprehensive analysis on the global ECM market for healthcare and outlines the competitive landscape, top predictions, global trends, and key growth opportunities.

The report also discusses healthcare trends by region based on increasing interest in digital data management. In addition, this report presents information on important companies to keep track of, and lists both established and new enterprises, chosen by the author’s analytical team.

For over two decades, healthcare systems across the globe have considered digitisation a priority and have invested heavily in eHealth systems. This has resulted in the extensive proliferation of several clinical and non-clinical information systems in healthcare organizations. These information systems are capable of handling structured content generated within the application framework; any unstructured content generated from external sources is excluded from the workflow due to lack of compatibility factors.

In a clinical context, while most electronic medical/health records (EMR/EHR) manage structured content, even the best systems cannot afford to manage unstructured data such as paper documents, faxes, images, photos, and rich multi-media data contents generated across the care setting. In a non-clinical context, ECM solutions complement administrative, operational, and financial information systems in a healthcare enterprise by allowing end users to efficiently aggregate, store, and manage diverse content generated across the enterprise.

Globally, healthcare organizations are struggling to manage patient data and relevant content in a structured format. A robust enterprise content management strategy can help healthcare organizations to streamline the complex process. Therefore, healthcare ECM is becoming crucial in a modern care setting to complement the shortcomings of existing EHR systems. The crucial need to securely access and analyse data along the patient’s care journey is driving demand for new-generation content management technology platforms.

The author finds that on average, a modern healthcare organization generates approximately 70-75% of unstructured content from existing clinical and non-clinical information systems. This unstructured content holds most of the critical patient data, which is either lost or omitted during electronic transactions, resulting in uncertainty about inefficient healthcare data management standards. Lack of healthcare content management strategies limits organizational access to valuable information and makes it difficult for clinicians to access the right information at the right time.

Furthermore, the healthcare industry will witness core ECM systems transitioning to enterprise content service platforms with the entire technology framework built around data to support many facets of enterprise content. The data-driven platform will be powered by smart APIs and web services to leverage advanced services such as artificial intelligence (AI), machine-learning (ML), deep-learning (DL), Big Data analytics and intelligent text-mining features for improved healthcare outcomes.

Key Issues Addressed

  • What are the key market trends and industry dynamics in the enterprise content management market for healthcare? What is the future potential for ECM solutions in healthcare?
  • What is the current market scenario? How much growth is expected? Which are the major market segments? What will be the impact of external trends on each business segment?
  • Who are the major participants in the global ECM market for healthcare? What are their solution and service offerings, product features, capabilities, and technical specifications?
  • What is driving the ECM market for healthcare? What are the restraints impacting growth opportunities for ECM solutions in the global healthcare market?
  • What are the important business model considerations for healthcare stakeholders and providers? Are there any unmet customer needs? Is there an untapped opportunity in this market?
  • Are the existing ECM solutions offered by solution vendors meeting end-user needs?

Key Topics Covered:

1. Executive Summary

  • Global ECM Market for Healthcare – 4-Decade Perspective
  • Global Healthcare System – Current Status
  • Key Findings – Total ECM Market for Healthcare
  • Study Scope and Segmentation
  • Key Questions this Study will Answer
  • Enterprise Content Management for Healthcare – Definitions
  • Market Engineering Measurements
  • CEO’s Perspective
  • Key Findings – Geographic Outlook
  • Key Findings – Healthcare ECM Growth Indicators
  • Total ECM Market for Healthcare – Segment Maturity Curve
  • At the Point of Convergence – Enterprise Content Services Platform
  • Executive Summary – 4 Big Predictions

2. Enterprise Content Service Platforms

  • ECM Transition to Enterprise Content Service Platforms
  • Next-Generation Healthcare Content Service Platform
  • Future of New-Generation Healthcare Content Services
  • Evolution of Enterprise Content Management Systems
  • Healthcare ECM – Product Features Adoption Curve
  • Analysis of Key in ECM Suite Product Features Required by Providers

3. Enterprise Imaging Platform and Unified VNA

  • Enterprise Imaging and Unified VNA Strategy
  • Enterprise Imaging and Key Benefits to Providers
  • Key Technology Enabler For a Holistic Patient View

4. Healthcare ECM Trends

  • Top 6 Trends for ECM Vendors in 2019
  • ECM Platform – Select Use Cases in the Healthcare Industry
  • Top 6 Factors Influencing Healthcare Content Management
  • Top Predictions – Healthcare ECM

5. Market Overview

  • Market Overview – Definitions
  • Market Overview – Segmentation
  • Key Market Segmentation by Solutions
  • Market Segmentation by Use Case and Applications
  • Hospital IT Ecosystem – Clinical and Non-clinical Information Systems

6. Dynamics Catalysing Global Market Growth – Key Market Trends

  • Geographical Opportunity Analysis for Healthcare ECM Systems
  • Industry Dynamics Impacting HCS Platform Market
  • EU-General Data Protection Regulation (EU-GDPR)
  • ECM Helping Providers Comply with EU-GDPR Regulations

7. Drivers and Restraints – Total ECM Market for Healthcare

  • Market Drivers
  • Drivers Explained
  • Market Restraints
  • Restraints Explained

8. Forecast and Trends – Total ECM Market for Healthcare

  • Market Engineering Measurements
  • Forecast Assumptions and Definitions
  • Revenue Forecast
  • Revenue Forecast Discussion
  • Percent Revenue Forecast by Region
  • Revenue Forecast by Region
  • Revenue Forecast Discussion
  • Pricing Analysis
  • Pricing Model
  • Healthcare ECM – Professional Service Contracts Trends

9. Demand Analysis – Total ECM Market for Healthcare

  • Global Demand Analysis
  • Demand Analysis Discussion

10. Competitive Environment

  • Competitive Market Structure
  • Detailed Vendor Segmentation
  • Detailed Vendor Segmentation – Description
  • Merger, Acquisition, and Partnership Assessment
  • More Global Healthcare ECM Vendors

11. Future Perspectives – Growth Opportunities

  • Five Growth Opportunities Critical for Future Success
  • Strategic Business Imperatives for Success and Growth of Healthcare ECM Vendors

12. Product Offerings Segment Analysis

  • Percent Revenue Forecast by Product Offerings

13. Installation of New ECM for Healthcare Segment Analysis

  • Market Engineering Measurements
  • Revenue Forecast

14. Renewal of Existing ECM for Healthcare Segment Analysis

  • Market Engineering Measurements
  • Revenue Forecast

15. Software Product and Professional Services Segment Analysis

  • Percent Revenue Forecast by Software and Professional Services

16. ECM Software Product Licenses Segment for Healthcare Analysis

  • Market Engineering Measurements
  • Revenue Forecast
  • Percent Revenue Forecast by Sub-segment
  • On-premise ECM Software Sub-segment for Healthcare – Revenue Forecast
  • ECM Cloud Services Sub-segment for Healthcare – Revenue Forecast

17. ECM Systems Professional Services Segment for Healthcare Analysis

  • Market Engineering Measurements
  • Revenue Forecast
  • Percent Revenue Forecast by Sub-segment
  • ECM System Implementation and Maintenance Services Sub-segment – Revenue Forecast
  • ECM System Consulting and Support Services Segment Sub-Segment – Revenue Forecast

Companies Mentioned

  • Agfa Healthcare
  • Alfresco
  • Box
  • Chartmaxx
  • Confluence
  • Contentverse
  • Docushare
  • DocuWare
  • Everteam
  • Fabasoft Cloud
  • Hyland
  • IBM
  • Laserfiche
  • M-Files
  • Microsoft
  • Newgen Software
  • Nuxeo
  • OpenText
  • Oracle Corp
  • Paperport
  • Ricoh
  • Seismic
  • Springcm
  • Streamline Health
  • Veeva Vault
  • Xerox

For more information about this report visit https://www.researchandmarkets.com/r/hfu6cg

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets

Laura Wood, Senior Manager

press@researchandmarkets.com

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Mifid redux? Esma insists on LEIs for repo collateral

European regulators are turning to an old trick to boost the adoption of legal entity identifiers (LEIs) – a ‘barcode for finance’, designed to improve …
European regulators are turning to an old trick to boost the adoption of legal entity identifiers (LEIs) – a ‘barcode for finance’, designed to improve …

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