New Chief Financial Officer At Selenity Appointed
Lincoln, 4th June 2015, Selenity (formerly Software Europe), provider of cloud solutions that manage people, expenses and contracts, has appointed Andy Jackson to the new role of Chief Financial Officer. Andy, who was previously Group Financial Controller at Selenity, will be responsible for supporting the continued development and growth of the company.
The newly created role reflects Selenity’s success in both the public and private sector with its cloud solutions, with the company seeing sales revenue up 13 per cent on last year and a 20 per cent increase in customers. With active NHS customers reflecting a 65% market share, Andy’s focus will include managing and updating the company’s revenue recognition model as well as looking at potential acquisition prospects.
“We needed someone who could grasp the Software-as-a-Service and Cloud revenue models, which Andy was able to do from the moment he joined the company,” says Neil Everatt, Chief Executive Officer, Selenity. “Andy has freed up our cash-flow allowing us to improve how we invest in our people, product development, and new technology, so he really was the perfect choice for Chief Financial Officer. Andy is already working through a number of critical projects, including some significant investment opportunities.”
Andy brings almost 20 years experience to the role having worked for Sage & Company Chartered Accountants as an Audit Junior, and more recently as Company Accountant for Daniels Silverman Limited. Andy joined Selenity in January 2014 as Group Financial Controller, and has played a key part in growing the business and the company’s acquisition of Workforce Metrics in July 2014.
Andy comments: “Finance underpins almost all business operations and can be the catalyst to grow and expand the business. Selenity has a great suite of cloud products that allow companies to develop more efficient processes and to manage people, expenses and contracts more effectively. As CFO, my role will be to ensure there is suitable capital to continue investing in the products, our staff, and ultimately the company’s growth in both the short and long term.”
For more information or to discuss the announcement in more details, please contact Martine Levene on 07714 772 362 / firstname.lastname@example.org or Dave Wedderburn on 07525 589 786 / email@example.com