Yorkshire based Software as a Service (SaaS) provider Adventoris is celebrating after a successful 2021 that saw its revenue increase for a fifth year at a cumulative annual growth rate of 83%.
The effects of the pandemic and the demand for digitising sales and ordering processes across many industries, such as manufacturing, wholesale and retail, has accelerated the growth of Adventoris over the last 12 months.
Adventoris is the creator of SwiftCloud, a ground-breaking mobile business to business software that revolutionises the way companies make sales and engage with customers. SwiftCloud is a customisable B2B mobile app platform designed specifically for distributors and wholesalers that enables their customers to see products, communicate with the company and make orders 24/7.
In 2021, its total revenue was up by 37%, and its recurring SaaS revenue has been increasing 62% year on year. Over half a million orders were also made through SwiftCloud powered apps during the year, with a combined total of £0.3bn and over 50,000 active users.
50 new clients were onboarded and the business also broke into new markets including baby care, golf, timber and seafood, as more industries adopted digital sales and ordering processes.
To date, Adventoris has created 180 ordering apps for companies throughout the UK and beyond, for clients such as Fellowes, STAEDTLER, Sysco Speciality Group and Pipers Crisps.
Due to the demand for SwiftCloud’s software, further investment has been made to enhance its servers, as well as upgrading the platform to the latest version of Oracle and Oracle APEX, for release in 2022, to ensure the app software is the best it can be.
SwiftCloud is consistently growing and evolving, with new modules and updates being added regularly. It now offers six ordering solutions, including SwiftCloud Web Portal and SwiftCloud Sales Manager app.
SwiftCloud is proven to save up to 80% of customer service costs, by removing the expensive cost of manual data entry, as well as costs associated with human error when inputting data. It can also save end customers up to 50% of the time in preparing and submitting an order. Adventoris’ clients have experienced the number of customer orders increasing by 26% when utilising SwiftCloud.
James Clarkson, Adventoris’ CEO, said: “The last few years have seen our business go from strength to strength and we’re continuing along that trajectory as we head into 2022.
“The team has worked tirelessly over the last year to keep up with the demand in businesses shifting to digital processes, but also responding to constantly evolving technology, software, compliance and legislation to ensure the customer experience is at the highest level.
“I’m incredibly proud of the team and look forward to growing even further in 2022, as we look to bring in even more new talent and break into new markets.”
Adventoris has ambitious plans to expand internationally over the coming years as it introduces the ability to have bespoke apps in numerous languages.
To find out more about the new modules or to book customised demo, visit: www.swiftcloud.co.uk/software.