Norfolk, United States
ARCSys is an innovative startup in the Enterprise Software, Finance, Financial Services, Fintech, Information Technology, and SaaS industries. Established in 2009 in the United States, the company's slogan, "We like numbers. We know IT. We provide Innovative Solutions in a Regulated World." reflects its commitment to providing cutting-edge solutions in a regulated environment.
The company has developed a groundbreaking solution, the ACL Calculator™, to ensure compliance with GAAP and regulatory requirements for the allowance for credit losses. This exclusive software application streamlines accounting calculations and reporting, easing the complexities of FASB standards. With its seamless integration, it empowers accountants to meet the reporting requirements of ASU 2010-20.
ARCSys' last investment was a Seed Round at 19 February 2012, with New Dominion Angels and Virginia Venture Partners participating as investors. The company's stronghold in producing cutting-edge solutions for the finance and IT sectors, coupled with its successful track record in attracting investments, positions it as a promising venture for potential investors.
