Sageworks
| Industry | Computer Software and Information Technology |
|---|---|
| Founded | 1998 |
| Founders | Brian Hamilton, Sarah Tourville |
| Headquarters | Raleigh, North Carolina, USA |
Key people | Brian Hamilton, Chairman Scott Ogle, CEO |
| Products | Solutions for Financial Institutions, Accountants, Business Owners, and CFOs |
| Website | www |
Sageworks is a financial information company founded in 1998 in a business incubator in Research Triangle Park, North Carolina.[1] Scott Ogle was named chief executive officer in 2013.[2] It provides financial analysis and data of private companies in the U.S. They also develop software for financial institutions, CPAs and private companies. It is incorporated and headquartered in Raleigh, North Carolina. Sageworks also generates and makes available from its proprietary database, real-time data on the financial performance of privately held companies. Through a cooperative data model with its clients, Sageworks collects approximately 1,000 private- company financial statements daily from accounting firms and financial institutions. The data is aggregated by industry and is used to generate the Sageworks private company indicator, which shows real-time private-company sales growth and profit margins.[3]
Company offers cloud based solutions. Despite the well known risks of highly sensitive data loss from cloud based software, the company takes many precautions to ensure the security of customer information: In their online [4] privacy policy statement, the company explains that it uses both a secure software server (SSL) that encrypts information entered online as well as a GeoTrust Security Certificate to protect the confidentiality and security of customer information. According to this same policy, the company also uses firewalls, real-time monitoring, intrusion detection systems, and other precautionary methods.