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Intop executives of the publicly traded firm wanted to cash out but found the thinly traded shares were nearly non-liquid. To cut costs at Equitrac, he outsourced its hardware priht to Celesticacentralized its software development and technical support at the former Software Metrics location and shuttered its Florida manufacturing plant and software development centres.
That switch also ushered in a fundamental shift in how Equitrac earned its money: It was long best known for selling the hardware that attaches to photocopiers and tracks their use for billing law firms’ clients. From Wikipedia, the free encyclopedia. Equitrac is a global software company that provides document cost management auditing, allocation, recovery and output management solutions for printerscopiers and univesal devices. In the s, Equitrac was twice named to the INC. Eventually, New York -based private equity firm Cornerstone Partners purchased Equitrac and took it private.
Nuance® Equitrac Express®
The company began diversifying by developing software embedded in networked copiers, printers and multifunction devices, from manufacturers such as XeroxRicohCanon and Sharp. Its target markets are professional services firms, general office and enterprise plus hospitality and higher education.
Equitfac software offerings include Equitrac Professional, a document accounting and cost management tool, marketed toward large legal and AEC companies. Equitrac is headquartered in Plantation, Florida ; has offices in the United States, Canada and Europe and global distribution via a network of distributors and resellers.
In Equitrac acquired Software Metrics Inc. In MayNuance Communications, Inc. Both Office and Express are based on the same core module with specific features aligned to each market segment.
Nuance® Equitrac Express® | Office Software | Ricoh
Articles lacking reliable references from July All articles lacking reliable references All articles with unsourced statements Articles with unsourced statements from July This page was last edited on 16 Septemberat Among Equitrac’s product lines are both hardware and software items, although Equitrac is known for its PageCounter line of document management consoles.
This article relies too much on references to primary sources.
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Equitrac changed gears to solidify its lead and grab more market share. For the general office environment, Equitrac market their Equitrac Office universql and for educational establishments and universities, Equitrac offer Equitrac Express. The company was launched by John Kane and George Wilson in as a regional distributor of copier control systems with five employees. The company is a Microsoft Silver Certified Partner.
Technology has advanced since Equitrac’s founding, but the promise of a “paperless” office never materialized. Please improve this by adding secondary or tertiary sources.