112 Percent Growth Lands Inova among the Fastest-growing Private Companies in the U.S.
For the second consecutive year, Inova Payroll, an award-winning payroll and human resources services provider, has landed on the Inc. 5000 list of fastest-growing private companies in the United States. With 112 percent growth over three years, Inova took the #2980 spot on the list.
“I am very proud of our growth over the last three years,” said Farsheed Ferdowsi, Inova Payroll’s founder, president, and CEO. “Earning a spot on the Inc. 5000 list again is the result of the care we take with our employer clients and the work and talents of our amazing team of payroll and HR professionals.”
Inova’s growth model focuses on high-touch customer service for every client. This begins with a consultative approach to determine what each employer needs and wants and continues with streamlining the onboarding process to create a smooth transition.
“Over the years, we’ve found that the transition process can be intimidating and may keep employers from switching payroll companies, even when they’re not particularly happy with their current service. I believe one of the factors spurring our growth is our commitment to a seamless, easy transition,” Ferdowsi said.
“Our clients aren’t filling out complex paperwork, populating data into a spreadsheet template required by the vendor, or doing data entry into new software. Unlike many of our competitors, we do the heavy lifting in getting our clients’ data converted and use technology to keep the transition as easy as possible.”
Inova’s experienced conversion teams, which make up around 25 percent of overall staff, complete the majority of the process for the client. The teams transition hundreds of companies a year, including those in complex industries such as health care and resource-sensitive organizations such as nonprofits. The process includes one-on-one training for the client to ensure success using Inova’s payroll and HR software.