Monexa takes care of delivery, cash flow and customer support for companies delivering online services. Customers focus on their product marketing and technology while Monexa solves their subscriber billing, recurring payment, online billing, subscription payments and end user satisfaction issues. through its billing software. The Company has over 65 active service contracts in the USA (90%) and Canada (10%) generating monthly recurring revenue of approximately $650K. Market Monexa serves companies in the SaaS, Cloud Computing, Software on Demand and other online services market. Industry giants like Microsoft, RE/MAX, Bell Mobility and AOL Canada, as well as smaller enterprises like Sage Telecom, and Melaleuca depend on Monexa’s product provisioning, payment processing, subscriber billing and customer support services Revenue Model Monthly Recurring Revenue from client service contracts. Technology The Company’s business solutions are based on its proprietary systems software that delivers a very flexible and cost-effective solution to its customer’s business infrastructure needs. Monexa's offshore partner in the Philippines ensures that customer support costs are highly competitive. The technology platform delivers: -
Subscriber management and automated service delivery and billing -
Credit card and pre-authorized bank account payment processing certified to Payment Card Industry Data Security Standards (PCI-DSS) -
First line tech support and incident tracking History Publicly listed on the TSX-V (“MXA”), Monexa was founded in Vancouver in 1998 and has grown both organically and through acquisition. For 2006, the Company reported $9.3 million in annual revenue and was named in the 2006 Deloitte Technology FAST 50 program.
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