intelliHR Holdings Ltd (ASX:IHR) has achieved its best quarterly sales ever with 300% growth on the next best quarter.
The company added nine new customers demonstrating the capacity to scale up for growth.
With an additional five sales staff having commenced over the past few weeks, intelliHR has the resources to further build on this growth in the coming quarter.
Partnership program also growing
Recent customer acquisitions include Change Accountants and Advisers who ranked in the Australian Financial Review’s Top 100 Accountants in 2017 and are also Xero’s #1 accounting partner in Queensland.
Mutual Marketplace, SevenTwenty, Volunteering SA & NT and Marra Worra Worra Aboriginal Corporation in Western Australia also joined intelliHR’s fast-growing profile customer base.
The company’s partner program has also continued to grow with a total of eight partners now signed up.
IPO in early 2018
intelliHR successfully debuted on the ASX in January 2018 after raising $4.5 million in an oversubscribed initial public offering (IPO).
The cloud-based people management and intuitive data analytics software company listed priced at 30 cents per share after raising $4 million in a pre-IPO offering.
Automated HR processes
intelliHR launched in 2013 and combines the automation of HR processes with data analytics.
It believes that Software-as-a-Service (SaaS)-based systems will become the industry standard in HR management in the near future.