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BuPro USA Announces $1 Million Venture Funding

BuPro USA, a provider of financial outsourcing services and software application hosting, received $1 million in venture funding from strategic partner Integrated Enterprises Ltd.

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Mar 24, 2007 -
Ferndale, MI., March 23, 2006 – BuPro USA, the leader in outsourcing services and software application hosting for financial professionals and business enterprises, today announced $1 million in venture funding from strategic partner Integrated Enterprises Ltd.

This investment validates the growth and adoption of outsourcing and application hosting among accounting and financial professionals as well as small to mid-size companies.  Business owners and financial professionals, such as CPAs and Enrolled Agents, are increasingly viewing outsourcing as a strategic initiative and growth strategy because of the broad benefits it delivers.

BuPro USA’s business and product development plans include enhancing its proprietary QMS® workflow management system along with technology infrastructure investments to help a rapidly growing client base.  BuPro USA plans to introduce additional service offerings to help make offices more efficient and cost competitive.

Businesses across the U.S. are struggling to deal with globalization, staffing issues, managing workflow and freeing up resources to focus on strategic growth initiatives.  Financial professionals, accounting firms in particular, are looking for strategies to mitigate seasonal staffing and time management problems as well as ways to add more value to their clients.  Outsourcing is addressing these key challenges.

BuPro works with financial professionals and small to mid-size companies across the U.S. to securely and cost-effectively process both outsourced and in-house accounting and tax work with QMS®. QMS® is a Web-based application that substantially improves the way accounting firms and businesses process and administer accounting and tax work.

"It is clear that outsourcing produces tremendous benefits…by allowing financial professionals and business managers to focus on their core competencies," said Fred G. Lake, Chief Operating Officer. "This round of funding will allow us to continue to make the benefits of outsourcing and software application hosting available to more accounting firms and small and medium sized enterprises.  It will help us raise awareness of the benefits of outsourcing and that businesses of all sizes, not just the ‘IBM’s and GE’s’, can make globalization work to their benefit.”

About BuPro USA: BuPro USA is the leader in outsourcing services and software application hosting for financial professionals and business enterprises. BuPro USA is a U.S. and Indian joint-venture company that helps accountants, tax professionals and small to mid-size companies become more efficient and manage their work more effectively.  Their proprietary technology and software application hosting platform makes the outsourcing process easy to integrate and utilize; regardless of the size of the client. Key benefits include: a lower stress work environment, better quality, lower costs and better customer relations. BuPro USA is a privately held company based in Ferndale, MI and Chennai, India. For additional information, please visit http://www.BuProUSA.com or contact us at: info@BuProUSA.com.

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Contact Email:
Source:Adam Davis/BuPro USA
Website:http://www.BuProUSA.com/home.html
Phone:586-549-2732
Fax:586-258-1728
Address:22747 Woodward Ave
:Suite 203
Zip:48220
Country:United States
Industry:Accounting, Business, Marketing
Tags:, financial outsourcing, , , tax return outsourcing,
Shortcut:http://prlog.org/10011637
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