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ARMANINO CONSULTING REVS UP 62 PERCENT

Chris Moore, Armanino ConsultingArmanino Consulting had very strong year in 2011 as the organization's revenue rose by 62 percent over 2010 results. The financial software vendor cited organic growth along with acquisitions and strengthening of some product lines as factors behind the $28.7 million in revenue last year, a significant jump from $17.2 million in 2010. The percentage increase appears to lead all the candidates for this year's Top 100 selection.
"It's from doing the right things," says Chris Moore, partner in charge of the Dynamics practice at the consulting arm of Armanino McKenna. He listed several factors in the performance. "Over the last couple of years, we have seen a pent up demand for systems integration and customization for our customers," he says. Armanino carries Dynamics AX/GP, Intacct and Sage Fund Accounting. It also handles Dynamics CRM and Adaptive's Planning's online budgeting and forecasting application. Among factors boosting 2011 revenue was the expansion of the firm's QlikView practice via the acquisition of Factory Information Management Solutions. Armanino acquired in February 2012, Gateway Solutions, a CRM reseller and that helped expand the Dynamics CRM practice and also became a Certified Partner for Axonom.
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