In Q3, Namely experienced 28 percent growth in revenue year over year, surpassed 1,400 clients, and hit a company milestone of overseeing and managing more than $16 billion in annual payroll. The company continues to add new functionality to the platform to sustain its position as an industry leader among HR solution providers serving the mid-market. These powerful product enhancements and new strategic partnerships include JazzHR, an applicant tracking system (ATS) provider, and ThinkHR, a compliance solution and services provider.
Namely continues to make progress on its product roadmap, delivering on promised product innovations like the launch of its third-quarter benchmarking reports and E-Verify product integration. Here are some of the other key product enhancements Namely introduced in Q3:
New Strategic Partnerships
Two of the biggest challenges facing growing small and mid-sized businesses are finding top talent and remaining compliant. In Q3, Namely delivered solutions that address these issues by announcing partnerships with JazzHR and ThinkHR.
Enhanced Client Engagement
Namely has also taken strides to engage clients and deliver enhanced customer service experiences. The company's new Help Community and Namely Connections event series allow Namely clients to connect with product advisors and customer service agents while also giving them the resources to make the most out of Namely's platform and services.
Namely introduced new members to its executive leadership team in the last quarter. Namely recently welcomed new CEO Larry Dunivan, a seasoned executive with more than 30 years of experience in the software industry and former ThinkHR Interim CEO. Erinn Tarpey, former Vice President of Marketing at recruiting software company iCIMS, also joined as the company's new Vice President of Marketing. Paul Stephan, former Deputy General Counsel at AppNexus and Xandr, joined the company as General Counsel.
"Namely is continuing to build and deliver enhanced service experiences to address the unique needs of mid-sized companies," said Larry Dunivan, CEO of Namely. "By partnering with fellow industry leaders, we're able to give our clients the best HR products and services to drive impact and business results in their organizations."
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