DENVER,CO - February 25, 2014 - JobApp the leading cloud-based provider to recruit, hire, and manage the Service Industry's Hourly Workforce announced record 2013 results across every financial and operational metric.
"2013 was an exciting, transformational year for the Company because of the strategic HR platform we brought to the Service Industry market, and our unique partnership with clients to innovate and enable better business results,” John P. Raeder, Jr. CEO of JobApp said. "We are fully committed to bring simple and intuitive products and industry best practices to market so that our customers continue to realize success in Recruiting and Talent Management."
2013 JobApp highlights include:
Transformational Growth:The Company moved its headquarters to Denver, Colorado, added 72 new headcount and opened up offices throughout the US to aggressively ramp-up to support client and market demand. Since our acquisition in Q4 2012, the annualized revenue runrate is growing at approximately 250%, and Sales bookings growth will reach 415% in 2014.
Product Superiority for the Service Industry: Continued gaining market share and building industry specific functionality across multiple Service Industry sectors. JobApp dominates the Restaurant space, and secured new major market wins in Retail, Grocery, Hotel & Hospitality, and Entertainment accounts based on our product investment into the nuances of each industry vertical. As an example, JobApp has heavily invested in OFCCP compliance within the platform to address, track, and maintain nondiscriminatory employment practices in the Wholesale and Distribution Industry.
Industry Recognition: JobApp was honored with the Supplier of the Year Award from Checkers and Rally's Corporation; and numerous technology and product awards from The American Business Awards and the Red Herring Top 100 North America Technology Awards.
Experienced Leadership Drives Results: JobApp's objective is to be the best-run company in the Recruiting and Talent Management Systems space for the Hourly Workforce. These business objectives are measured by numerous financial metrics achieved in 2013: the company achieved the highest number of competitive "market share wins”, triple digit growth in annualized revenue runrate, sales bookings, total number of new clients, total number of new sites deployed, and employee applications processed.
Mobile-enabled HR Platform: JobApp aggressively invested year over year (a four fold investment in R&D) to continue its mission to deliver the most complete and strategic platform for Recruiting and Talent Management for the Service Industry's Hourly Workforce. The JobApp platform expanded with multiple new products and the user interface was significantly updated with social and mobile improvements.