Report Exec expands operations, relocates to Oak Creek
Software company expects to add 30 new jobs to accommodate future growth
Oak Creek, WI. Feb. 7, 2017- Report Exec, an incident reporting and safety management software company founded by a former Oak Creek police officer, has expanded its operations and relocated to a new office in Oak Creek.
The company, which has developed an innovative application that results in more efficient and accurate public safety incident reports, has experienced significant growth in recent years and has outgrown its former office building in Franklin. Officials at Report Exec, which grew by 27 percent last year and now has more than 1,200 customers worldwide, said remaining in the area was an important factor in the company’s search for a new home.
The new office building will provide valuable space to the software company, but also holds a special significance for Mars because it was once home the Oak Creek Police Department, where Mars began his career before starting the software company in 1995.
“Returning to this building means everything to him. To come back to where it all started is very special,” Kehoe said.
The Wisconsin Economic Development Corporation (WEDC) is supporting the expansion by providing up to $170,000 in state tax credits over the next three years. Report Exec (formerly Competitive Edge Software) plans to create 30 new jobs during that time, and the actual amount of tax credits the company receives is contingent upon the actual number of jobs created.
“Report Exec’s story underscores WEDC’s commitment to providing Wisconsin entrepreneurs with the resources they need to launch and grow their businesses,” said Tricia Braun, deputy secretary and chief operating officer of WEDC, the state’s lead economic development organization. “Our investments in Wisconsin’s entrepreneurial ecosystem help set the trajectory for startups to scale new heights similar to what Report Exec has achieved.”
WEDC has a wide range of entrepreneurship resources, which includes support for startup accelerators, seed capital funds, investment tax credits and technology development loans. In addition, WEDC supports and engages an existing statewide network of partners that offers business training, mentorship and financing to aspiring entrepreneurs.
Those efforts, combined with the talent and persistence inherent in the state’s entrepreneurs, have played a role in Wisconsin having one of the highest startup success rates in the nation.
“Thanks to a partnership with WEDC, Report Exec was able to purchase this new office building and remain in southern Milwaukee County,” Kehoe said. “We’re proud to contribute to job growth in the region and keep high-growth tech industry jobs in Wisconsin.”
About Report Exec
Report Exec is an incident reporting and safety management software company based in Oak Creek, WI. Founded in 1995, Report Exec has grown to serve over 1,200 customers worldwide including universities, healthcare facilities, K-12 schools, and corporations. Report Exec is a recent winner of the 2016 Milwaukee Business Journal’s Fastest Growing Firms award.
About the Wisconsin Economic Development Corporation
The Wisconsin Economic Development Corporation (WEDC) leads economic development efforts for the state by advancing and maximizing opportunities in Wisconsin for businesses, communities and people to thrive in a globally competitive environment. Working with more than 600 regional and local partners, WEDC develops and delivers solutions representative of a highly responsive and coordinated economic development network. Visit http://www.inwisconsin.com or follow WEDC on Twitter @_InWisconsin to learn more.
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