HR XCEL, LLC, an experienced provider of Human Resource Outsourcing, Benefits Administration Outsourcing and Payroll Solutions, reported today that the company is experiencing a record-breaking sales year. Through the third quarter of 2006, ending September 30, new sales have grown 60 percent compared to year-end sales for 2005.
HR XCELís new business comes from leading firms in a variety of industries, including pharmaceuticals and biosciences, manufacturing, eye care, plumbing, textiles and retail.
Since its inception, HR XCEL has shown a steady increase in new business wins, averaging 30% revenue growth each year.
ìHR XCELís success this year is due to several factors,î said Jeff Mortland, vice president, sales and marketing, HR XCEL. ìWe chose to open additional sales offices in Florida, D.C. and New York. We also made a substantial investment in emarketing, since we know executives use online research to gain knowledge on the HRO industry and outsourcing best practices before making a vendor selection. As a result, our sales pipeline is growing faster than anticipated and our growth shows no signs of diminishing in 2007.î
More and more executives see the value and return on investment of HRO as evidenced by our success in 2006, said Barbara Sheridan, president and co-founder. ìHR XCELís stellar service reputation is growing, along with our name awareness. We are no longer the new kid on the block. We are competing against the big boys ñ and winning.î
HR XCEL is experiencing a record-breaking sales year
Through the third quarter of 2006, ending September 30, new sales have grown 60 percent compared to year-end sales for 2005
