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Bucking the Trend: Mangrove Poised for Continued Growth in 2009
Thursday, November 20, 2008
TAMPA, Fla., Nov. 20 /PRNewswire/ -- Mangrove, a leading provider of
Payroll, Human Resource Management and Benefits Administration solutions is
poised for continued growth in 2009.
For the past decade and a half, disciplined planning and relentless focus
on products and services for the HR industry has been the recipe for
Mangrove's many achievements. In 2008 Mangrove received several awards for
growth, including the #9 position in Tampa's Fast50 and INC5000's recognition
of Mangrove's stellar 190% revenue growth. The forecast is no different for
2009: while many companies are cutting costs, laying off employees, and
experiencing record losses, Mangrove is poised for tremendous industry and
organizational growth. So what's in Mangrove's secret sauce?
Simply put, Mangrove continues to be the catalyst for the industry shift
from the administrative human resource function of yesterday to the strategic
function that HR departments now play in today's modern companies. This
differentiates Mangrove from its large, entrenched industry peers who have
unproductive service models, overseas customer support elements, and products
that originate from outdated technology. Streamlining individual job functions
as well as enhancing overall business performance, Mangrove's products and
services strike a chord with companies seeking improved coordination and
productivity from their most vital asset -- their employees.
"Great companies continue to prosper even in times of economic challenge,"
said Richard Cangemi, CEO. "When you have core products and services that
resonate with clients, you are going to be successful even in the worst of
times," Cangemi emphasized. "Mangrove is committed to long-term success, and
has invested incredible resources into making our products and services
markedly beneficial for our clients and responsive to their changing
requirements. This relentless focus on our customers' needs is what ensures an
exceptionally bright future for Mangrove."
About Mangrove
Founded in 1994, Mangrove is a leading provider of Payroll, Human Resource
Management and Benefits Administration software and services that are designed
for Workforce Empowerment(TM). Headquartered in Tampa, Florida, Mangrove hosts
more than 7,000 Human Resource, Payroll and Benefits Administration customers.
Mangrove's customers consist of organizations of all sizes within all
industries including numerous Hotels, Manufacturers, Health Care
Organizations, Retailers, Payroll Service Bureaus, and Administrator Service
Organizations (ASOs) -- www.eMangrove.com.
SOURCE Mangrove Employer Services
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