4.6 • 683 Ratings
🗓️ 17 January 2020
⏱️ 15 minutes
🧾️ Download transcript
Robert Alves - Co-Founder, Chairman and CEO of Advanced Solutions International (ASI) – is a dynamic, entrepreneurial leader who has grown the company from its beginnings in 1991 to become the leading and largest supplier worldwide of software to non-profit organizations. With offices on three continents, and more than 4,000 clients served, Alves has kept ASI in the forefront by consistently making innovative solution-oriented decisions on behalf of its clients.
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0:00.0 | Founder of Advanced Solutions International, really serving nonprofits. |
0:03.2 | Currently, they have got over 500 customers that are Pure Play SaaS customers. |
0:07.1 | They make about $5 million of the company's total revenue, of which is about $60 million. |
0:12.3 | So a lot of it's coming from old, kind of on-prem software and kind of SLA agreements, |
0:16.9 | update license agreements, founded in 1991. |
0:20.0 | The SaaS component is growing about 60% year over year. |
0:23.1 | So 300 grand a month, about a year ago, again, now 5 million bucks in terms of AR. |
0:27.0 | Cash flow positive, about 56 million raised, all that money going into the company, about 42 million, |
0:31.5 | except 14 million going to, into secondary, you know, early founders, really shareholders, et cetera, |
0:36.4 | early investors early on. They've got about 375 people across many different locations, you know, early founders, early shareholders, et cetera, early investors early on. |
0:37.9 | They've got about 375 people across many different locations, so remote, almost to 101% net |
0:44.1 | revenue retention annually. That is their goal in the near future. |
0:48.0 | Hello, everybody. My guest today is Bob Alves. He is the co-founder, chairman, and CEO of |
0:52.4 | Advanced Solutions International, or ASI. |
0:54.6 | It's a dynamic entrepreneur. |
0:55.5 | He is a dynamic entrepreneur leader who's grown the company from its beginnings in 1991 |
0:59.6 | to become the leading and largest global supplier worldwide of software to nonprofit organizations. |
1:04.8 | With offices on three continents, more than 4,000 clients served, he's kept ASI in the forefront |
1:09.1 | by consistently making innovative solution-oriented |
1:11.2 | decisions on behalf of his clients. Bob, are you ready to take us to the top? I'm ready. |
1:16.0 | All right. Nonprofits, walk us through what you guys do. And are you a pure place SaaS company? |
1:21.6 | Well, we're trying to be. We've started 27 years ago as a Windows solution. So we've been transitioning to a Pure Play |
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