SOURCE: Enwisen


August 19, 2009 10:15 ET

Enwisen™ Announces Record Q1/Q2 Growth

Mid-Year 60% Growth Reflects Key Role of HR Service Delivery in HR Transformation

NOVATO, CA--(Marketwire - August 19, 2009) - Enwisen, Inc., the leader in Software-as-a-Service solutions that help employers provide a higher level of HR services -- with fewer resources and lower costs -- announces that its revenues grew over 60% during the first six months of calendar 2009 compared with the same period in 2008, while maintaining significant profitability.

"During one of the worst recessions in recent history, Enwisen has kicked off the year with two record quarters. We attribute our success to the fact that we give employers a technology that lowers hard costs and streamlines resources while still providing a higher level of service to employees," explained Wally Smith, Enwisen's CEO.

"What's more, our customers are funding deployment of Enwisen's AnswerSource™ HR Service Delivery suite through a fractional reallocation of hard cost savings. As a result, these forward-thinking companies are able to realize true HR transformation -- they're deploying low-cost technology to bring personalized HR services to the employee's desktop and HR shared service centers faster and cheaper, and deploying highly-paid HR professionals to focus on strategic matters. Employers have been trying to achieve HR transformation for years; this recession has just forced the issue. Now, everyone benefits from the opportunity created by doing more with less: even when the recession ends, the benchmark of higher customer service with fewer people and lower costs has been set," concluded Smith.

Some of Enwisen's new 2009 customers include one of the world's largest financial institutions with 250,000 employees in the US alone, a major scientific engineering firm with 45,000 employees, a major convenience food manufacturer with 32,000 employees, a leading North American commercial and consumer branded foods company with 15,000 employees, the country's largest quality confectionary manufacturer with 12,000 employees, a major consulting firm with 17,000 employees, a global technology company with 2,000 employees, and a major California healthcare provider with 4,500 employees.

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