Business Services Industry
Peopleclick Grows as Adoption of Talent Acquisition Technology Broadens
Business Wire, August 28, 2007
Company Closes Record First Half
RALEIGH, N.C. -- Peopleclick, Inc., the leading global talent acquisition solutions provider, announced today continued growth and the close of a record first half with over $25.4 million in revenue. Contributing to this success was the signing of agreements with over 30 new customers across all the product lines in the second quarter.
"With the impact of a global labor shortage, companies are quickly recognizing the need for technology to help them recruit and retain the highest quality workforce. Also, the workforce--as an organization's most valuable asset--must have a recognizable return on investment. A solid talent acquisition strategy is the only way to see this return," said Ron Kupferman, CEO of Peopleclick. "Our success in 2007 and beyond stems not only from our focus on the tools required today to gain a competitive edge in recruiting and retaining people, but also from an extensive investment in the next generation of solutions necessary to meet the needs of an ever-evolving business landscape."
Throughout the second quarter, Peopleclick leveraged its investment within each core product area to meet the demands of its clients. Newly unveiled, Peopleclick Contact Management automates a previously overlooked and critical component in recruiting that enables proactive, personal communication to build relationships with potential candidates. Additionally, Peopleclick's Affirmative Action/EEO division released Peopleclick PayStat 6.0, a compensation analysis tool used to identify issues with pay equity and maintain compliance with current regulations, as well as the Peopleclick Higher Education Edition designed to meet the unique compliance needs of colleges and universities. Finally, the Peopleclick Vendor Management System was enhanced in the second quarter with features including multi-currency management and an improved user interface.
New clients added in the quarter ranged from small and medium-sized businesses to multi-national organizations including several large contracts for Peopleclick High Volume and Vendor Management solutions. To support this growth, Peopleclick will be expanding its UK headquarters in late 2007.
"As talent acquisition programs evolve, the industry expects improved insight into their entire workforce to facilitate decision making and forecasting," commented Kupferman. "In the second half of the year, we will continue to build on our experience and unique ability to offer workforce planning and analytics that provide the foresight needed to manage salaried, hourly and contingent labor."
About Peopleclick
Peopleclick provides software and services that empower companies around the world to find, attract and hire quality people-in less time, with less risk. Peopleclick's technology, consulting expertise and support give companies the vision and flexibility to strategically manage all of their talent resources-whether they are salaried, hourly, or contingent. Founded in 1997, the privately-held company currently serves 1,800 clients in 192 countries, including 54 of the Fortune 100. Peopleclick products support users in organizations ranging in size from large, multi-national corporations to small and medium-sized businesses. For more information about Peopleclick, visit www.peopleclick.com.
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