|
Attributes "idea whose time had come" to its 1180.0% Revenue Growth
Los Angeles, October 4 — Exaktime, Inc. has been named to Deloitte's prestigious Technology Fast 50 Program for
Los Angeles, a ranking of the 50 fastest growing companies in the area by Deloitte & Touche USA LLP, one of
the nation's leading professional services organizations. Rankings are based on the percentage revenue
growth over five years from 2002-2006.
"To rank on Deloitte's Technology Fast 50, companies must have phenomenal revenue growth over five years,"
said Tony Buzzelli, Vice Chairman and Regional Managing Partner, Pacific Southwest Region, Deloitte & Touche.
"Exaktime has proven to be one of the fast-growth success stories in the Los Angeles area, and we applaud their
dedication to making their vision a reality."
Exaktime has been the industry leader in time and attendance solutions for the construction trades since 2000.
Over 500,000 workers clock in each day with Exaktime's number one-selling JobClock System.
Exaktime's CEO Tony Pappas credits an idea whose time had come with the company's 1180.0% revenue growth from 2002-2006.
"Before we came along, workers at construction jobsites were still filling out timecards by hand," Mr. Pappas said.
"They weren't accurate, workers hated filling them out, and bookkeepers still had to manually reenter them into
their accounting software."
"We saw an opportunity to make everyone's life a little easier," he added.
This includes construction company owners. According to Mr. Pappas, companies using The JobClock System see a dramatic
decrease in payroll and typically experience a 19%-48% reduction in overtime expenses.
"The bottom line is you can't manage what you can't measure," Mr. Pappas said. "And at a time when businesses - particularly
construction businesses - are looking to trim costs, a great place to start is to accurately track labor. And that's
exactly what The JobClock System does."
About Exaktime
Exaktime revolutionized time and attendance tracking in 2001, when it introduced the portable, all-weather JobClock to
the construction industry. Subsequent innovations such as PocketClock and TimeSummit software have cemented Exaktime's
place as the industry leader in time and attendance solutions. Over 500,000 workers clock in every day with The JobClock System.
Exaktime is located in Calabasas, CA.
|