IMM Reports 2016 Results of Record Growth, Sales & Corporate Expansion
IMM, the leading source of eSignature and eTransaction Management for banks and credit unions, reported record results for fiscal year 2016, culminating in an aggregate 34 percent corporate growth over the last five years. This impressive growth is highlighted with record sales and revenue driven by continued traction in the credit union market, along with a noted surge in new bank clients.
In 2016, more clients selected IMM’s solutions than in any previous fiscal year. New banks and credit unions listed IMM’s superior integrations with Core, Lending, Account Opening, and ECM/Imaging systems as key motivators for selecting IMM. IMM’s strong commitment to customer service, optimum control and end-to-end transaction management capabilities were also mentioned as reasons for joining hundreds of existing IMM clients. The largest client growth segment was with banking institutions, representing 66 percent of new client additions. According to IMM, banks are in the early phases of adopting eSignature technology, and the company believes this trend will continue —particularly as banks embrace electronic signature solutions.
2016 Highlights Include:
• Reported the highest sales numbers achieved in any year of company history
• Record revenue achieved in any prior business year
• Built and moved into new corporate headquarters to support continued growth and to maintain quality customer service delivery
Chuck Klein, IMM CEO, said, “IMM’s eSignature, eWorkflow, and eTeller solutions unqiuely work in concert to provide financial institutions with a completely electronic transaction environment. As financial institutions gain standardized processes through eSignature and eTransaction management, they increase productivity, reduce operational costs, and can provide their customers the fast, convenient and easy banking experience they expect in today’s competitive financial services market.”
IMM eSign, IMM’s advanced eSignature platform, provides financial institutions with a digital, paperless experience that reduces the cost of every business transaction while significantly enhancing compliance and regulatory efforts. The company’s eSignature solution delivers a secure, end-to-end electronic transaction environment that eliminates the tedious management associated with traditional paper-based process.
IMM provides complete eTransaction automation to more than 700 U.S. organizations. The company’s fully integrated eSignature, eWorkflow, eLoan and eTeller solutions make transacting easy and convenient for the consumer while creating a more efficient, cost effective and compliant business environment. Any organization needing to remove paper and create mobility within its contract or transaction management lifecycle can benefit from IMM’s services, including financial services, healthcare, insurance, real estate, life sciences, government, legal and education.