Expands Customer Base to Dominate Legal Market
Chrome River Technologies, a leading provider of expense management and automated invoice processing software, today announced a strong close to 2012 in the legal market with a customer base that includes half of the AmLaw 100 and nearly 50% of the Global Top 50.
Launched in mid-2008, Chrome River showed strong growth by being ranked number 258 on Inc. magazine’s 2012 500|5000 list, an exclusive ranking of the nation's fastest-growing private companies and number 24 across the entire nation’s leading companies in the Software category. Their growth momentum was further validated by being ranked number 23 on LA Business Journal’s THE LIST for 2012; a ranking of Los Angeles County based fastest-growing private companies.
Through continuous fast-paced growth, Chrome River established itself as the leader in Expense and Invoice Management automation in the legal vertical. They ended the year with notable momentum in the legal market by adding three more Global Top 50 law firms to their customer base. All three firms subscribed to utilize Chrome River’s full accounts payable workflow platform. There is a clear trend with leading law firms around the globe to automate and improve their expense and invoice workflow operations, which is a major factor in controlling costs and improving profits.
“Our management team has over 25 years of experience in providing the legal market with industry-leading financial management systems. We pride ourselves in knowing what law firms need, listening to what they want, and delivering. We are honored to have such a prestigious customer base and our commitment is to ensure that we continue to deliver solid, innovative solutions,” says Alan Rich, co-founder and CEO of Chrome River.
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