Billsoft Increases Profit, Adds Executives

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Tax-technology company Billsoft is reporting steady growth and believes a bigger jump is in its future.

In its fiscal year ending March 31, 2011, Billsoft says it grew 18 percent, with net profit rising 9 percent. CEO Tim Lopatofsy expects his company to grow even more.

“Since we opened our doors in 1997, we’ve grown every year," Lopatofsky said. “Even through the recent recession we’ve been able to hold our costs down and continue to grow. We have the products and support that our customers have come to expect from BillSoft.  Our associates prove each day that we have the knowledge and commitment to provide solutions to the challenges our customers face."

Lopatofsky also expects the compliance filing service to double by December 2011, and he expects the organization as a whole to grow 20 percent by the end of this fiscal year, which ends on March 31, 2012.

Meantime, BillSoft has made some key additions to its staff, naming Linda Crawford as CFO, Jim Johnston as director of Software Engineering, and Julie Crowther as director Business Analysis and Quality Assurance.

Crawford previously was CFO at Nicholson Kovac, an advertising agency in Kansas City, Mo. Johnston has 25 years of IT leadership and management experience, including 12 years at Sogeti USA. Crowther brings quality assurance and business-analysis experience from INDUS Corp. 

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