All images are quality checked and can be scanned using secure stamping to comply with the most stringent revenue requirements. I showed up over 30 minutes late not the best way to make a first impression. Kevin laracey, the ceo of edocs, may still remember my complete disruption of his companys info session during boston trek, a multipleday visit of local tech companies for secondyear business school students. If used in this manner, the instructor will also want to use the supporting materials edocs, inc. Edocs edocs edocs was started in 1997 by kevin laracey kris. The citrix product documentation site is the home of citrix documentation for it administrators and developers. Searchable document library edocs minnesota department of. Textron financial selects edocs for einvoicing and customer.
Laracey is best known as founder and ceo of natickbased edocs, a provider of ebilling and customer selfservice software, which was sold in. Questions 1 evaluate the edocs business opportunities and the edocs team. Accelerate business performance with opentext edocs. Its intended scope is to handle the document lifecycle from the beginning to its publication. Chief executive kevin laracey founded edocs, located in natick, in 1997. This case study can be used as a roleplaying exercise in negotiating a venture capital deal. Textron financial selects edocs for einvoicing and. Describes the development of edocs, an internet company aimed at revolutionizing the online bill presentment market. The ceo of internet startup edocs doubles as the firms. Laracey is best known as founder and ceo of natickbased edocs, a provider of ebilling and customer selfservice software, which was sold in 2004 to siebel systems inc.
Dec, 2004 chief executive kevin laracey founded edocs, located in natick, in 1997. The nasdaq composite index had just hit its alltime high, and connected corp. Kevin laracey case study solution, additive a case. Jun 01, 2004 edocs is the leading provider of customer selfservice and ebilling software for global 2000 businesses. Lawrie also said that while siebel is working on developing frontoffice applications, other acquisitions could follow. By enabling electronic presentment and payment, the coinservbilldirect combination allows banks to reduce remittance processing, customer service, printing and. Oct 11, 2019 prior to sigma, kevin was the vice president and general manager at siebel systems customer self service group, now part of oracle. In kevin laraceys case, the idea was for a software application that would let businesses and consumers manage and pay their bills online. Searchable document library edocs minnesota department.
By the time the fourhour meeting ends, edocs has agreed to respond to the secs remarksthe last step before putting a price on its shares and taking a show on the road for investors. Meet the michigan native who just sold his mobile payment. This software is an intellectual property of edocstools. Edocs founder laracey joins sigma partners boston business. But there can be a nasty side to breakneck growth, and kevin laracey can tell you all about it. Kevin laracey must negotiate a venture capital investment with jonathon guerster, an associate at charles river ventures. Kevin laracey, cofounder and ceo of paydiant acquired by paypal building cx workout on athiva is taking literally months out of the development cycle. Laracey, together with canekeratne, has developed the innovative idea behind the edocs software product and business model. The chief executive of edocs, an internet bill presentment and payment software startup, spends about twothirds of his time hunting new hires with the same ferocity that he once pursued. Once you finished the case analysis, time line of the events and other critical details. Can be used as a roleplaying exercise in negotiating a venture capital deal.
Sep 22, 2003 changed landscape brings the return of the ipo. For questions not addressed in the faq or tips, contact the edocs help desk. Focus on the following zero down on the central problem and two to five related problems in the case study. A, b1, and b2 in addition to a brief overview of this case and a short mention to the managerial problems facing kevin laracey and jonathon guerster separately, answer the following four questions. Athiva delivers all of the benefits of agile development but with the advantage of a platform of reusable elements. The most frequent installer filenames for the program are. Jun 05, 2008 laracey is best known as founder and ceo of natickbased edocs, a provider of ebilling and customer selfservice software, which was sold in 2004 to siebel systems inc. Nov 24, 2003 edocs is the leading provider of customer selfservice and ebilling software for global 2000 businesses. Oct 05, 2003 but there can be a nasty side to breakneck growth, and kevin laracey can tell you all about it. The valuation proposed by the venture capital investors, a number that could easily be inflated by shopping the deal around as the venture capital market is booming.
The most important terms for edocs founder kevin laracey to further discuss in future negotiations will be the following. Laracey was formerly venture partner at sigma partners and cofounder and ceo of edocs, the online billing and payments company that was acquired by siebel systems now part of oracle in 2005. Document management and imaging software author, edocs, has moved to new offices on kylemore road, dublin. Edocs edocs was started in 1997 by kevin laracey, kris canekeratne, and jim moran as a software that facilitates internet bill presentment and payment, a proposition to revolutionize online billing via the internet. Edocs ceo kevin laracey estimated that about 20% of his companys 116 customers are also siebel customers. In kevin laracey s case, the idea was for a software application that would let businesses and consumers manage and pay their bills online. They founded the company with their own personal savings, but in the spring of 1998, they met with jonathan guerster of charles river ventures crv one of. Check the edocs frequently asked questions and tips for searching edocs to fix common issues and find suggestions to make search results more meaningful.
Edocs, inc is the leading provider of online account management and ebilling software to global 2000 companies. Counties, tribes, health care providers and others can order printed documents online. However, kevin laracey clearly wants to stay in charge of edocs operations. Both guys have invested their personal savings in developing product in the early stage. Laracey founded in 1997, has surged by more than 7,000. Kevin laracey edocs inc the wall street transcript. Both guys have invested their personal savings in developing product in. Under kevin s leadership, edocs was a multiyear member of both the inc. Its intended scope is to handle the document lifecycle from the. Prior to sigma, kevin was the vice president and general manager at siebel systems customer self service group, now part of oracle.
Accelerate business performance wit opentext edocs soto oee etese omto memet solution summary opentext edocs is a lightfootprint, costeffective, and highlyflexible enterprise content management ecm solution for the microsoft office environment that works the way you do. Aug 27, 2002 edocs, inc is the leading provider of online account management and ebilling software to global 2000 companies. The combined systems can produce significant hard dollar savings, says kevin laracey, president of edocs. Laracey played a key role in developing product strategy and forged technology and marketing. Edocs customer roster includes british telecom, cingular wireless, ge retail finance, and harvard pilgrim healthcare. The company has processed more than 14 million documents per annum. Edocs edocs edocs was started in 1997 by kevin laracey.
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