DENVER, CO — November 4, 2015 — talentReef's market leading unified HCM platform for Social Recruiting and Talent Management Systems specifically built for the Hourly Workforce announced a series of new record milestones in Q3. The company's growth is accelerating due to compelling industry-specific features and multiple competitive differentiators with respect to recruiting and retention, and a five-fold increase in Sales headcount (51 in field and telesales).
John P. Raeder, Jr., talentReef CEO states, "Q3 was our 11th consecutive Quarter of record growth with respect to revenues, new ARR, sales bookings, new client go-live deployments, and incremental headcount growth." Raeder adds, "We are rapidly scaling talentReef and will continue to deliver significant growth and additional industry specific software capabilities throughout our cloud-based HCM platform in Q4 and FY 2016."
Key Q3 News:
- Exceeded 20 Million Hourly Applications Processed Since Inception
- Reached 100 Major Corporate Clients in New Industry Verticals: Retail, Hotel/Hospitality, Grocery, Entertainment, and Wholesale Distribution and Manufacturing
- Continued Marketshare Leadership with >150 New Clients Wins (Enterprise, Mid-market, SMB, M&P) and 100% increase in Core SaaS Sales Bookings YTD
- Activated 315 New Clients, Delivering 50+% Growth Sequentially Q/Q
About talentReef talentReef is the #1 provider for Social Recruiting and Talent Management Systems specifically built for the Hourly workforce. As the market leader with more than 55,000 sites under contract, including the world's best known and best run brands, the company streamlines how fast-paced operators find, hire, train, and manage their most valuable asset—Talent. The Company's mobile-optimized HR platform (Social Recruiting, ATS, Onboarding, Training and Development, Performance Management, and Analytics) is transforming the way Millennials are connecting on-demand with employers globally. Leading companies across multiple service industry verticals like Jack in the Box/Qdoba, Focus Brands, Church's, Checkers/Rally's, Applebees, Spencer's/Spirit of Halloween, Downtown Locker Room, QuickChek, TravelCenters of America, Churchill Downs Race Track and Casinos, Weigel’s, and Marsh Grocers trust talentReef to optimize their Operational and HR functions on a daily basis.