October 25, 2016 5:21 PM ET


Company Overview of Sageworks, Inc.

Company Overview

Sageworks, Inc. provides financial industry information, and develops financial analysis and risk management solutions for private companies. The company offers ProfitCents, a solution that converts financial numbers into plain-language analysis and provides financial analysis reports to help accounting firms and consultants add value to their business clients; risk management solutions to help bankers for calculation, stress testing, loan administration and tracking, commercial credit analysis, and risk rating; and Sageworks Valuation, a solution that allows professional appraisers to perform valuations and generate reports for its clients. It also delivers bank information for bank executi...

5565 Centerview Drive

Raleigh, NC 27606

United States

Founded in 1998





Key Executives for Sageworks, Inc.

Chief Executive Officer
President and Principal
Co-Founder and Chairman
Age: 54
Principal and Vice President of Corporate Development
Managing Director of Business Development and Market Analysis
Compensation as of Fiscal Year 2016.

Sageworks, Inc. Key Developments

Greater Hudson Bank and Sageworks Partner to Provide Online Lending Platform to Borrowers

Greater Hudson Bank and Sageworks have announced their partnership to provide an online loan application allowing commercial borrowers to complete applications electronically. As of Oct. 2, the Sageworks Online Loan Application is live at the $473 million bank. The lending platform integrates a commercial loan application into a bank or credit union's website, opening an online channel for driving new-loan applications and reducing loan origination costs for the institution. Greater Hudson Bank's mission is to provide exceptional service and value to customers throughout local communities and the Bank's move to implement Sageworks Online Loan application is aligned with that mission. Document collection is often a bottleneck in the commercial loan application process. With Sageworks' online lending platform, the turnaround time on loans significantly decreases due to the platform's electronic tax return-reading technology.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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