Processware Systems
How we got $426K
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Some signs of a sale
- In business 28 years (since 1998)
From public records and the company's website, not a statement that it's for sale.
What they do
Processware Systems is a software products developer offering Banksoft core banking and related solutions for banks, cooperative banks, NBFCs and microfinance institutions, with additional products for manufacturing (Prodmaster) and education (Edusoft).
From the company's website. Industry: Administrative and support and waste management and remediation services.
Customers & suppliers
Customers
- Sri Vasavamba Co-operative Bank Ltd · named on its website
- Aruna Sahakara Bank Niyamitha · named on its website
- The Accountant General's Office Employees Co-Operative Bank Ltd · named on its website
- Ashokanagar Co-operative Bank Ltd · named on its website
- Krishna Bhima Samruddhi Local Area Bank · named on its website
- Manvi Pattana Souharda Sahakari Bank Niyamita · named on its website
- PNG Microfinance Ltd · named on its website
- Ponnampet Town Co-operative Bank · named on its website
- Shree Basaveshwar Urban Co-operative Bank Ltd · named on its website
- Shree Murugharajendra Co-operative Bank Ltd · named on its website
- Sri Rama Co-operative Bank Limited · named on its website
- Sree Arunodaya MACC Society Ltd · named on its website
- Kokopo Microfinance Limited · named on its website
- Reserve Bank of India Employees Co-operative Bank Ltd · named on its website
- MRO - TEK LTD · named on its website
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- Laredo Petroleum · Tulsa, 5 mi · $1.95B
- Aaon, Inc. · Tulsa, 6 mi · $1.44B
- JCL SAFETY SERVICES, LLC · Tulsa, 5 mi · $1.02B
- XCALIBER INTERNATIONAL, LTD · Pryor, 39 mi · $615.5M
- KELVION INC. · Catoosa, 12 mi · $614.3M
- Gateway First Bank · Jenks, 8 mi · $169.1M
- TTCU Federal Credit Union · Tulsa, 5 mi · $133.1M
- Regent Bank · Tulsa, 3 mi · $131.8M
- Mabrey Bank · Bixby, 11 mi · $114.5M
- Blue Sky Bank · Pawhuska, 45 mi · $88.9M
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Processware Systems this business | $1.3M | — |
| Horizon Petroleum Consultants, Inc. Tulsa | $1.3M | 0.0 mi |
| Lincare Tulsa | $1.3M | 0.2 mi |
| Traditions Health Home Health Tulsa | $1.3M | 0.2 mi |
| Exquisite Valet Tulsa | $1.1M | 0.2 mi |
| MICHAEL NELSON INSURANCE AND FINANCIAL SERVICES LLC Tulsa · 6 employees | $2.3M | 0.2 mi |
| STONEBRIDGE WEALTH MANAGEMENT, LLC Tulsa · 3 employees | $1.2M | 0.2 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $426K |
| Multiple for this size and industry | 2.5× |
| Value range | $106K – $763K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Administrative and support and waste management and remediation services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (14%). Treat these as a rough guide.
| Revenue range | $391K – $1.9M |
| EBITDA range | $53K – $254K |
| Industry (NAICS) | Administrative and support and waste management and remediation services (56) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Processware Systems
Processware Systems is an administrative and support and waste management and remediation services company in Tulsa, Oklahoma, in business since 1998. Its estimated annual revenue is about $1.3M, with roughly $171K of EBITDA. Its estimated business value is $426K (likely range $106K–$763K).
Common questions
- Who owns Processware Systems?
- The owner of Processware Systems isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Processware Systems make?
- SeeBITDA estimates Processware Systems's annual revenue at about $1.3M (likely between $391K and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Processware Systems worth?
- About $426K, roughly 2.5× its estimated EBITDA of $171K, typical for a administrative and support and waste management and remediation services company its size. Likely range: $106K–$763K.
- When was Processware Systems founded?
- Processware Systems has been in business since 1998.