CHARLOTTE, N.C., Sept. 12, 2013 /PRNewswire/ -- Inc. Magazine has ranked Infinisource, a national leader in workforce management, more than 1,000 spots higher on its exclusive annual list of America's fastest-growing private companies. With more than 7 million privately-owned companies based in the U.S., the 2013 Inc. 5000 ranking puts Infinisource in an elite group that has included Intuit, Zappos, Under Armour, Microsoft, Timberland, Jamba Juice and Oracle.
The 2013 Inc. 5000 list is ranked according to percentage of revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded by and generating revenue since March 31, 2009. Additionally, companies must be based in the U.S., privately held, for-profit and independent as of December 31, 2012.
"We are honored to be recognized on the Inc. 5000 list and are excited that we have moved up so significantly in the rankings. Our growth is being driven by our relentless commitment to helping small to mid-sized companies manage and optimize their workforce. Our easy-to-use, web-based technology and our expertise in complying with workforce laws help employers nationwide," said Infinisource CEO Gary Trainor.
This highly coveted recognition comes on the heels of several strategic growth initiatives for Infinisource. The company's workforce management solution, iSolved, delivers everything employers need in a suite of fully integrated human capital management tools that are accessible from one login, anywhere and anytime. Looking to boost its growth and broaden its product offerings, Infinisource acquired Qqest, a leading time and attendance provider, in December 2012. Both initiatives have resulted in increased sales and required an increase in staffing.
"To rank among the 2013 lnc. 5000, your company had to thrive through three of the toughest years this economy has seen in living memory. Your success in such times is eloquent testimony to your team's creativity, resilience and tenacity," said Eric Schurenberg, Inc.'s editor-in-chief, in a letter to the company.
About Infinisource Inc.
Founded in 1986, Infinisource is a nationally recognized leader of Workforce Management technology solutions that was recently named to the Inc. 500-5000 list of fastest-growing companies. Infinisource offers iSolved, a single database for HR, Payroll, Time and Attendance and Benefits Administration, as well as administration for COBRA, Flexible Spending Accounts, Health Savings Accounts and Health Reimbursement Arrangements. The company has more than 4,000 broker relationships and 63,000 employer clients. Infinisource is a leader in employment law, compliance and education. For more information, please visit www.infinisource.com
Lina M. Tonk