Last $88.49 USD
Change Today -2.06 / -2.27%
Volume 252.9K
TYL On Other Exchanges
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As of 1:03 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

tyler technologies inc (TYL) Snapshot

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01/15/14 - $107.99
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04/10/14 - $74.37
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tyler technologies inc (TYL) Details

Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector with a focus on local governments in the United States and internationally. It operates through Enterprise Software Solutions, and Appraisal and Tax Software Solutions and Services segments. The company’s financial management solutions include modular fund accounting systems for government agencies and not-for-profit entities; and utility billing systems to support the billing and collection of metered and non-metered services. It also offers products to automate various city functions, such as municipal courts, parking tickets, equipment and project costing, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, fleet maintenance, and cemetery records management; financial management, student information, and transportation solutions to K-12 schools; and software applications. In addition, the company provides integrated suite of judicial solutions comprising court case management, court and law enforcement, prosecutor, and supervision systems to handle complex, multi-jurisdictional county, statewide implementations, and single county systems; systems and software to automate the appraisal and assessment of real and personal properties; tax applications for agencies that bill and collect taxes; and software applications that enable county governments to enhance and automate courthouse operations. Further, it offers subscription-based services, such as software as a service arrangements and electronic document filing solutions for courts and law offices; professional IT services, including software and hardware installation, data conversion, training, and product modifications; and outsourced property appraisal services for taxing jurisdictions, as well as customer support services. The company was founded in 1966 and is headquartered in Plano, Texas.

2,735 Employees
Last Reported Date: 07/23/14
Founded in 1966

tyler technologies inc (TYL) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $469.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $296.0K
Executive Vice President, Director, Member of...
Total Annual Compensation: $394.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $296.0K
Compensation as of Fiscal Year 2013.

tyler technologies inc (TYL) Key Developments

Three California Cities Select Tyler Technologies' ERP Solution

Tyler Technologies, Inc. has signed agreements with three California cities to provide the Munis(R) enterprise resource planning (ERP) solution as well as Tyler Content Manager. The city of Tracy signed a seven-year software as a service (SaaS) agreement, while the cities of Fremont and Watsonville will self-host the solutions. The agreements include related software licenses, professional services, maintenance and support. The city of Fremont sought to replace its legacy software system with a solution that offered long-term viability and ongoing support. It was also interested in finding a solution that could integrate purchasing, accounts payable and general ledger functions to provide better transparency and control while significantly reducing redundant data entry. The cities of Tracy and Watsonville are also replacing legacy ERP solutions and needed a system that could manage core functions, including financials, human capital management and citizen self-service.

Tyler Technologies, Inc. Signs Contract

Tyler Technologies, Inc. has signed a contract with Multnomah County, Oregon, for Tyler's Orion appraisal and tax software solution. The agreement, valued at approximately $5.5 million, includes software licenses, related professional services, maintenance and support.

Newport Beach, California, Chooses Munis ERP System from Tyler Technologies

Tyler Technologies, Inc. has signed an agreement with the city of Newport Beach, California, for Tyler's Munis(R) enterprise resource planning (ERP) solution. The agreement includes software licenses, related professional services, maintenance and support. Newport Beach is replacing its legacy financial system with Munis so employees can benefit from its modern functionalities, including workflows and customizable dashboards, while also engaging Tyler's consulting services to help the city launch new business processes in conjunction with the Munis implementation. In addition to Munis' functionality, Newport Beach was attracted by Tyler's evergreen philosophy; like all Tyler clients, Newport Beach will receive future Munis updates as part of its annual maintenance fees. Newport Beach expects to have about 150 concurrent users of Munis and its multiple core applications, including financial management and human capital management. The city also will leverage Munis' self-service functionality for citizens and vendors.


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Valuation TYL Industry Range
Price/Earnings 64.7x
Price/Sales 6.4x
Price/Book 11.0x
Price/Cash Flow 55.4x
TEV/Sales 6.2x

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