CONCORD, Mass., April 13, 2021 (GLOBE NEWSWIRE) — ProcessUnity, a leading provider of cloud-based applications for risk and compliance management, today announced that it finished the first quarter of 2021 with record-setting success. The company’s best-ever Q1 was a direct result of increased market demand for robust Vendor Risk Management program capabilities combined with ProcessUnity’s growing portfolio of managed services partners and resellers.
“Based on our results in the second half of 2020, we set aggressive growth targets for the company in 2021, and we overperformed our Q1 goal by more than 40 percent. The Third-Party Risk market continues to heat up and our team keeps delivering,” said Sean Cronin, CEO of ProcessUnity. “The high-profile breaches and changes to the way we work have many companies re-thinking how they manage vendor risk. They’re moving away from bare-bones programs and ‘just-check-the-box’ compliance to implement more mature practices and processes that vet more of their vendors and keep more risk out of their businesses.”
ProcessUnity Q1 2021 Highlights include:
- Customer Growth: ProcessUnity experienced significant software…
