AUSTIN, Texas and ATLANTA, Sept. 04, 2018 (GLOBE NEWSWIRE) — HotSchedules®, the leading provider of workforce and back office solutions for the restaurant, retail and hospitality industries, today announced that it was named one of JMP Securities’ “Hot 100” Privately Held Software Companies for 2018. JMP Securities, an investment banking and alternative asset management firm, recognizes outstanding private software companies through its annual Hot 100 list. Companies are chosen based on criteria including financial growth, products and services, quality of leadership, customer traction and market potential.
“We are honored to have been named a Hot 100 company by JMP Securities,” said Mike Arenth, Chief Executive Officer at HotSchedules. “HotSchedules’ inclusion in the 2018 Hot 100 highlights another strong year of growth and accomplishments for our company. With more than 160,000 locations worldwide leveraging our technology to improve their businesses, HotSchedules continues to lead the market in the delivery of innovative technology, services and user experiences for the restaurant, retail and hospitality industries.”
HotSchedules inclusion on the list follows the launch of its Clarifi™ operating platform, an intelligent, cloud-based solution that solves the people, product and operational challenges through its five core modules: Foundation, Labor, Inventory, Financials & Cash and Talent Development. Restaurant brands such as Logan’s Roadhouse, Natural Grocers, Jason’s Deli, Hooters and others have chosen to implement HotSchedules’ solutions to improve profitability, grow top line revenue and drive operational consistency.
“The successful launch of Clarifi is a reflection of the talent and hard work from our entire HotSchedules team,” added Arenth. “Our teams are dedicated to proactively solving the critical issues that keep our customers and their employees up at night. The impact speaks for itself through our user engagement numbers as well as our company’s rankings, industry-leading customer retention rates and service satisfaction scores.”
In 2017, the HotSchedules iOS App ranked as the No. 1 Business App on iTunes, the result of record adoption and usage from nearly 3 million users across the globe. HotSchedules’ labor and talent development solutions were recognized as a Top Rated Time Tracking Software and Corporate Learning Management System from TrustRadius. The company also received an average Net Promoter Score of 33 from its customers.
HotSchedules works with over 33,000 customers – from large international chains to some of the hottest new concepts. With a continual focus on innovation, HotSchedules provides innovative technology, services and user experiences for the restaurant, retail and hospitality industries, including Clarifi, the first cloud-based intelligent operating platform. Designed for independents, multi-unit franchise operators, and international enterprise brands, HotSchedules serves nearly 3 million users across 160,000 locations in 56 countries helping them control costs, maintain compliance, improve visibility, increase profitability and drive operational consistency. For more information visit: www.hotschedules.com.
ICR for HotSchedules