 | |
| Industry | Software as a Service (SaaS) |
|---|---|
| Founded | February 2006 |
| Founder | Ade Olonoh |
| Headquarters | , USA |
Key people | Chris Byers, CEO |
Number of employees | 250+ |
| Website | formstack.com |
Formstack is a workplace productivity platform that lets organizations create digital workflows with no-code forms, documents, and signatures. Founded in 2006, the company was created by Ade Olonoh and serves over 25,000 organizations worldwide. [2]
Formstack was founded by Ade Olonoh on February 28, 2006. In November 2009, Formstack (then called FormSpring) launched formspring.me, a social question and answer site where users could ask questions, give answers, and learn more about their friends. Because of the success of the site, formspring.me was spun out as a separate company in January 2010 with a different team and different resources. To allow both companies to continue their growth, FormSpring.com became Formstack.com to avoid any confusion with formspring.me. [3]
Originally created as an online form builder, Formstack has expanded its offerings to include data and workflow management for various industries, including healthcare, education, insurance, nonprofit, government, and finance. The company is headquartered in Indianapolis, IN with another office located in Colorado Springs, CO. [4] Over half of Formstack's workforce works remotely in regions across the United States and around the world.
Formstack enables organizations to create digital workflows without any programming or software skills required. Formstack users can collect data with online forms, generate digital documents, and gather electronic signatures. [2]
The platform integrates with over 100 web applications, including apps for CRM management, email marketing, payment processing, and document management. Other product offerings include conversion rate optimization tools for marketers, workflow automation for Salesforce, and solutions for HIPAA compliance. [5]
In May 2023, Formstack laid off over 100 of its employees; this reduction eliminated over 40% of its workforce. [6] Chris Byers, the CEO of Formstack, announced the reduction in force on LinkedIn saying it was a "part of a larger plan to put Formstack in a place to continue to succeed and grow for the long term." [7] Local news sources and prior employees note the reduction came approximately 18 months after Formstack had received a $425 million funding round from Silversmith Capital. [8] To date, Byers has not provided a reason for nor a statement about the reduction in force. As a result of the layoffs, current and former employees expressed their grievances on Glassdoor en masse. As of September 2023, Formstack's approval rating on Glassdoor remained 2.5 stars out of 5, with only 21% of reviewers approving of Byers and being willing to recommend Formstack to a friend. [9]
A picture archiving and communication system (PACS) is a medical imaging technology which provides economical storage and convenient access to images from multiple modalities. Electronic images and reports are transmitted digitally via PACS; this eliminates the need to manually file, retrieve, or transport film jackets, the folders used to store and protect X-ray film. The universal format for PACS image storage and transfer is DICOM. Non-image data, such as scanned documents, may be incorporated using consumer industry standard formats like PDF, once encapsulated in DICOM. A PACS consists of four major components: The imaging modalities such as X-ray plain film (PF), computed tomography (CT) and magnetic resonance imaging (MRI), a secured network for the transmission of patient information, workstations for interpreting and reviewing images, and archives for the storage and retrieval of images and reports. Combined with available and emerging web technology, PACS has the ability to deliver timely and efficient access to images, interpretations, and related data. PACS reduces the physical and time barriers associated with traditional film-based image retrieval, distribution, and display.
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Enterprise content management (ECM) extends the concept of content management by adding a timeline for each content item and, possibly, enforcing processes for its creation, approval, and distribution. Systems using ECM generally provide a secure repository for managed items, analog or digital. They also include one methods for importing content to bring manage new items, and several presentation methods to make items available for use. Although ECM content may be protected by digital rights management (DRM), it is not required. ECM is distinguished from general content management by its cognizance of the processes and procedures of the enterprise for which it is created.
Workfront, Inc., was a Lehi, Utah-based software company that developed web-based work management and project management software that features enterprise work management, issue tracking, document management, time tracking and portfolio management. The company was founded in 2001 by Scott Johnson. Workfront has 1000 employees and approximately 4,000 customers with offices in the United States and EMEA.
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Spring.me was a social networking service. Until a rebranding in 2013, it was known as Formspring, a question-and-answer-based social network launched in 2009 by Ade Olonoh, the founder of online form builder Formstack.
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