JobApp Exceeds Growth Forecast in Q3 and Bolsters its Position as the Leader for Cloud-based Recruiting and Talent Management Systems for the Hourly and Decentralized Workforce
DENVER, Oct. 14, 2013 /PRNewswire-iReach/ -- JobApp Plus, the leading cloud provider for Recruiting and Talent Management Systems for the hourly and decentralized workforce, today announced record revenue, annualized recurring revenue, and sales bookings growth of 230% year-over-year in Q3. With a significant increase in the number of stores utilizing the JobApp SaaS Human Resource platform, JobApp closed customer awards of 3,500 net new stores and 100,000 plus hourly W2's in Q3, further expanding it's market leadership position.
"Service industry company needs have changed significantly due to the ever increasing need to monitor and improve hourly worker performance driven in large part by the Affordable Care Act which is creating a "new normal" for hiring, onboarding, and managing the flexible hourly and decentralized workforce," said John Raeder, CEO JobApp. In order to meet the growing demands of our customers we have focused significantly on product innovation, the introduction of rapid and proven implementation programs, and the delivery of world-class account management and customer support."
In addition to significantly expanding the Company's own employee base to address customer and market demands, JobApp is continuing to expand its strategic alliance and partnership channels by integrating best-of-breed providers to deliver workforce management solutions to the market. These relationships span from WOTC processing and background checks to employee scheduling and analytics.
Backed by a substantial investment by Frontier Capital, JobApp is focused on continuing to expand its market-leading solutions functionality for hourly and decentralized workers, and drive differentiated program results across its diversified customer base.
JobApp is the leading provider of recruiting and talent management systems specializing in hourly and decentralized workers. JobApp's robust platform improves candidate sourcing, accelerates time-to-fill metrics, reduces turnover by 25-100%, delivers training and continuing education to employees and improves overall service quality. Many leading brands including Burger King, Jack in the Box, Taco Bell, Qdoba, Applebee's, Denny's, Carl's Jr., Hardee's, Checkers & Rally's, Travel Centers of America, Quick Chek and Churchill Downs Racetrack and Casino trust JobApp to find, hire and manage their growing human capital supply chain. For more information, visit www.JobAppPlus.com.
Media Contact: Abby Sandbach, JobApp Plus, 720-399-2494, firstname.lastname@example.org
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SOURCE JobApp Plus
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