ECI Honored as a 2009 Indiana Company to Watch

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ECI is a web-based payroll and human resource information system software technology provider recognized on Indiana's distinguished "Companies to Watch" List. These established companies are honored for their growth, potential, and leadership.

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ECI’s success is due to a its full featured human resource information system designed specifically for middle market clients billed with a simple per employee per month fee. Along with customized conversion/implementation account management and boutique-style customer service. ECI strives to deliver software, service, and ease of use into one simplified package.

Electronic Commerce Inc. (ECI) has been recognized as one of Indiana’s Companies to Watch in 2009, an awards program presented by the Indiana Economic Development Corporation, its Small Business Development Center network, Purdue University and the Edward Lowe Foundation.

Fifty companies in the state will be honored as outstanding second-stage companies during the second annual “Indiana Companies to Watch” awards program, held on August 27th in Indianapolis.    
Companies to Watch is an awards program that celebrates Indiana’s privately held second-stage companies, typically those businesses that have passed the startup phase, are considered to be established, and face issues of growth rather than survival. Firms must employ between six and 150 full-time equivalent employees, have between $750,000 and $100 million in annual revenue or working capital in place, and demonstrate the intent and capacity to grow based on employee or sales growth, exceptional entrepreneurial leadership or other notable strengths. The companies being honored range from traditional businesses involved in manufacturing, financial services and retail trade to high-tech companies working in the life sciences, information technology, telecommunications, and aerospace industries. This year more than 500 Indiana companies representing 59 Indiana counties were nominated for the Companies to Watch program.

Among the 50 honored companies in 2009 is ECI. “ECI’s success is due to a its full featured human resource information system designed specifically for middle market clients billed with a simple per employee per month fee. Along with customized conversion/implementation account management and boutique-style customer service. ECI strives to deliver software, service, and ease of use into one simplified package.”

About ECI:
Electronic Commerce, Inc. (ECI) provides web based solutions to Payroll Processing and Human Resource Administration under a SAS70 Level II audited ASP environment. Founded over 12 years ago, ECI services clients throughout the United States; clients range from 250 to 20,000 employees in virtually every industry both publicly and privately held.
Utilizing ECI’s Single Source Solution, Empower, clients can seamlessly deploy web based technology throughout their organization that streamlines communications, automates workflows, and provides administrative users the power to fulfill the full array of administrative tasks. Some of Empowers’ areas of focus are Self Service, Recruitment, Benefits Management and Enrollment, HRIS, Business Intelligence Tools, Performance Management, Time Keeping and Payroll Processing.

While ECI has earned several awards recognizing outstanding business achievements including the 2006 Inc. 500, and 2007 & 2008 Inc. 5000, the company is most proud of its 98% client retention ratio which is a reflection of ECI’s commitment to excellence in service, technology, and value.

About Indiana Companies to Watch:
This awards program is unique because of its focus on second-stage companies. The impact of these companies on Indiana’s economy is immense. During 2005-2007 Indiana’s resident companies averaged more than 32,000 second-stage establishments according to YourEconomy.org, an online resource of the Edward Lowe Foundation. Those second-stage companies employed more than 760,000 workers. From1993 to 2007 only 15 percent of Indiana’s resident establishments were in the second-stage category, however, they generated nearly 41 percent of net new jobs.

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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Christine Pullin
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