HireAbility.com Announces Explosive Company Growth

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Key customer-base expansion, superior parsing technology helps fuel revenue growth, executives say.

All of our customers easily experience reductions in data capture costs by 80 percent or more. For our largest customers, this translates into millions of dollars saved. We’re thrilled with the success of our ALEX business unit and know that its continued growth is inevitable---it’s just that impressive.

Today, HireAbility.com®, a leader in integrated, artificially-intelligent resume parsing software (ALEX®) announced record-level sales performance with the past two combined quarters exceeding 100 percent revenue growth over this same period last year. In addition, the company continues to surpass its objectives with over six percent revenue growth month over month.

The positive performance is attributed to organic growth, including increased sales to existing customers, signing several large clients, an astonishing 98 percent renewal rate, and expansion into other vertical markets said Amy Renz, HireAbility’s Executive Vice President of Technology and Operations.

"As the premier document parsing software company worldwide, we’re just scratching the surface of industries where ALEX can demonstrate a truly remarkable return on investment," said Renz. "All of our customers easily experience reductions in data capture costs by 80 percent or more. For our largest customers, this translates into millions of dollars saved. We’re thrilled with the success of our ALEX business unit and know that its continued growth is inevitable---it’s just that impressive."

HireAbility, which historically has targeted sales of its ALEX resume/CV parsing product to job board, application tracking system (ATS), and human resource management system (HRMS) providers, has broadened its reach into the financial services and healthcare industries. To date, all of HireAbility’s customers have opted to license the ALEX Software-as-a-Service (SaaS), accessible over the Internet.

About HireAbility.com
HireAbility.com, LLC is the global leader in intelligently capturing data from unstructured documents. Privately held, founded in 1999, and based in Londonderry, NH, HireAbility processes the world’s resumes/CVs by integrating its ALEX AI-based parsing software into solutions from leading providers of job sites, applicant tracking systems (ATS), and HR information systems (HRIS). ALEX (Automatic Linguistic EXpert) is known for dramatically improving data capture efficacy, while substantially reducing costs. It performs full document parsing in English (US/UK), Dutch, French, German, and French Canadian, while supporting nearly all US, Canadian, UK, Australian, New Zealand, South Africa, and AsiaPac address formats. More information is available at http://www.hireability.com, or by calling 1.603.432.6653 extension 118. To learn more about ALEX, please visit click here.

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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