Tremendous Growth Pushes Company Up More Than 2000 Spaces
LIVONIA, MI--(Marketwired - Aug 26, 2014) - WorkForce Software, a leading provider of workforce management solutions, today announced that it has once again been named to the Inc 500|5000 list of the fastest-growing private companies in America, as published by Inc. Magazine, jumping ahead 2000 spots in the rankings.
The companies included in the 2014 Inc. 500|5000 were ranked according to their percentage revenue growth between 2010 and 2013. To qualify, companies had to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2013. This year marks WorkForce Software's eighth consecutive appearance on the Inc. 500|5000, highlighting the company's continued growth and designating it as one of only a handful of companies to achieve this honor. In addition, the company has dramatically improved upon its position, advancing from its spot of 4282 in 2013 to 2253 for the current year.
This notable rise was achieved because WorkForce Software recorded 174 percent growth between 2010 and 2013 while adding 278 jobs. The company's inclusion in the Inc. 500|5000 comes on the heels of its recent business results announcement for the first half of 2014, in which the company reported revenue increases of 48 percent over the first six months of 2013 and SaaS bookings rising by more than double (108 percent).
"Our inclusion in the Inc. 500|5000 for the eighth consecutive year is a testament to both the strength of our solutions and the excellence of our team," said Kevin Choksi, CEO and co-founder of WorkForce Software. "Our cloud-based workforce management suite is being adopted by organizations around the globe that wish to streamline key operational processes and reduce risk and administrative burdens associated with managing large or geographically-dispersed employee bases. I am pleased to share this honor with the entire WorkForce Software team, which has worked tirelessly to keep us ahead of the pack and strengthen our reputation as a top-tier provider."
Additional information about WorkForce Software's ranking on the Inc. 500|5000 can be found at: http://www.inc.com/profile/workforce-software. The complete results of the Inc. 500|5000 are available at: http://www.inc.com/inc5000/list/2014.
About WorkForce Software
WorkForce Software is the leader in workforce management software for organizations with complex policies and compliance concerns. Through its EmpCenter® and RosterLive workforce management suites, WorkForce Software enables organizations to fully automate time and attendance processes, effectively manage employee absence and leave, optimize staff scheduling, gain real-time visibility into labor costs and productivity, and mitigate the risks associated with employee fatigue. Hundreds of leading organizations rely on WorkForce Software solutions to streamline compliance, reduce labor costs, provide more intuitive tools to their employees, and achieve strategic HR on a global basis.
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