November 2004 Newsletter
November 2004 Newsletter
Welcome to the November edition of the PageUp Newsletter. Take a punt on PageUp instead of the horses at the spring carnival! We're a sure bet having just won the Dunn & Bradstreet Victorian Business of the Year (IT & Business Services category) as well as being listed 33rd in the BRW Fast 100.
In this edition....
- BRW Fast 100
- Dunn & Bradstreet Victorian Business of the Year
BRW Fast 100
Last month PageUp Pty Ltd was listed 33rd in the BRW Fast 100.
With an average growth of 83% over three years and a phenomenal growth rate of around 250% in the past year, the listing comes as no surprise to PageUp. From a team of only 7 less than 18 months ago, PageUp now employs over 20 full time staff and has opened a Sydney office to better service it's clients.
The increased trust in web applications and a general upturn in the economy has played a role in opening up the market for online recruitment software but Karen Cariss, Managing Director and joint founder of PageUp has been the driving force behind the growth. Savvy business decisions and employing a strong team of experienced professionals has helped make PageUp Australia's leading supplier in it's field.
PageUp's advanced web technology sits behind the recruitment websites of Australia's most well known companies. Optus, Fairfax, AMP, and Bendigo Bank are the latest organisations to be added to PageUp's impressive client list, which also includes Coles Myer Limited, Flight Centre, Mayne Group and Macquarie Bank.
Cariss said 'The growth that we have been through in the last year has been challenging but highly rewarding. Companies have realised the huge benefits of using an online recruitment system such as PageUp People and with the substantial time and cost savings that can be achieved an ROI can be expected within months. It is an exciting time to be in this industry and we have enjoyed working with our clients through this growth phase to bring them leading edge technology that makes a real difference to their business. The inclusion in the BRW Fast 100 list is a testimonial to all the hard work our team has put in over the past twelve months".
PageUp wins The Age / D&B 2004 Victorian Business Awards in the IT & Business Services Category
PageUp was announced as The Age / D&B (Dunn & Bradstreet) 2004 Victorian Business of the year in the I.T. & Business Services Category.
The exclusive, invitation only award, is based on strong financial performance and information contained within the D&B database.
PageUp scored well in the areas of Strong Dynamic Risk Score (DRS) and Strong Dynamic Delinquency Score (DDS). The DRS is a statistically derived measure that assesses the probability of a business experiencing severe financial distress during the next 12 months. The DDS is a statistically derived measure that assesses the probability of a business paying its bills in a severely delinquent manner over the next 12 months.
This outstanding achievement is yet more recognition of PageUp's sound business practices and good management. Last month PageUp was listed as 33rd in the BRW Fast 100, and in July was awarded the Panasonic Australia Business Award for 20 - 50 Employees at the Telstra & Victorian Government Small Business Awards.
Karen Cariss, Managing Director said 'About a year ago, we lost a tender to a larger vendor because the client was under the mistaken belief that we were too small and therefore a greater risk. Dunn & Bradstreet are world renowned for providing reliable current data for businesses to make informed decisions and this award proves our credibility and stability. It is a significant stamp of approval on our financial management and position.'
Growing from a small to medium sized business has meant keeping a tight reign on finances and adhering to a well thought out business plan. Cariss credits some of PageUp's success to her more experienced peers. 'Early on, PageUp was fortunate enough to receive mentoring advice from business veterans who provided many valuable lessons. This has allowed us to think strategically about our direction and the way we handle everyday business decisions. I would certainly recommend it to any small business that was serious about its future. It is great to receive recognition from D&B; Having grown the business purely on our own cash flow and at the same or faster rate as our competitors, who have all been investment funded, it is a huge achievement.'