iCIMS Surpasses 2005 Growth Goals; Reaches 300th Customer Milestone
Hiring Management Solutions Provider Continues Mid-Market Dominance; Client Base Expands to 300 CustomersDecember 15, Hazlet, NJ - iCIMS, a leading provider of Web-based Hiring Management Solutions, today announced that it now powers the recruitment initiatives of 300 customers around the world on its suite of applicant tracking tools. This announcement supports the company's status as the leading provider of Hiring Management Solutions to the mid-market.
iCIMS is recognized as one of the fastest growing ATS providers in the space and currently has the Industry's second-largest customer base, as published by Workforce Management Magazine.
iCIMS' suite of Applicant Tracking Solutions provides recruiters with an efficient, cost-effective alternative to timely manual hiring management techniques, helping recruiters attract, screen, and hire the best global talent in an automated, online setting. Corporations leverage iCIMS' Talent Platform to manage their entire recruitment process, from resume gathering to candidate screening to reporting, all via iCIMS' web-based technology. iCIMS now supports the recruitment efforts of 300 global organizations across a variety of industries. Recent customer signings include New Balance, FedEx Services, Tommy Hilfiger, United Online, Great American Insurance Company, and Yellow Book USA. Additionally, iCIMS' customer base has expanded to a number of new international accounts, including Mexx Canada and Citigroup South Africa.
iCIMS' solutions are recognized as both extremely easy to use and highly configurable, making the tools ideal for mid-sized organizations. Consequently, iCIMS has dominated the mid-market for several years, providing customers with a tangible return-on-investment via reductions in Cost-per-Hire and Time-to-Fill metrics. Additionally, iCIMS' robust reporting capabilities analyze the source effectiveness of job advertising outlets for its users, which allows recruiters to strategically allocate resources to maximize the results of spending. Benefits such as these have led to high adoption rates of iCIMS' Talent Platform around the world, contributing to iCIMS' sustained success. The ATS provider is currently on pace to implement 100 new clients this year.
"Reaching 300 customers is a significant accomplishment, and we are proud to achieve such a milestone while simultaneously maintaining a 97% customer retention rate," said Colin Day, President and CEO of iCIMS. Day contributes much of iCIMS' success with the weight the company places on customer service. "We highly value our new clients, yet our organization constantly emphasizes the importance of customer support as well. Our support team is always here to offer Best Practice advice, which helps our clients achieve worldwide recruitment success. This support is especially valuable for companies in the mid-market, where organizational needs are continuously evolving as the corporations grow."
Day elaborated on the company's abilities to fulfill the needs of the mid-market. "Because our solutions are designed to adapt to each client's unique processes, we offer the flexibility and scalability that mid-sized companies demand, and we have proven our abilities in catering to the needs of this market," he said. "Our established success within the mid-market allows us to continue to expand, as we are the ideal choice for organizations that fall into this niche. We look forward to not only reaching, but surpassing 100 new client signings this year, as well as to continue this momentum into 2006."
About iCIMS:
iCIMS, a leading Software-as-a-Service (SaaS) provider, is an Inc. 500 honoree focused on solving corporate business issues through the implementation of easy-to-use web-based software solutions. iCIMS' Talent Platform, the industry's premier Talent Platform, enables organizations to manage their entire talent lifecycle from applicant tracking through onboarding and beyond through a single web-based application. With more than 1000 clients worldwide, iCIMS is one of the largest and fastest-growing talent management system providers in the space. To learn more about how iCIMS can help your organization, visit www.icims.com or view a free online demo of the iCIMS Talent Platform at www.icims.com/demo.
