CHARLOTTE, N.C., March 19, 2020 /PRNewswire/ -- iSolved, the
choice for human capital management (HCM) and workforce management
solutions for small-to-medium sized business today announced that
Mark Duffell has been named Chief
Executive Officer, and will oversee iSolved HCM, the iSolved
Network and Infinisource operations as the cloud company embarks on
its next chapter of growth.
The future of work is combining significant automation,
artificial intelligence (AI) including bots, personalization and
even augmented reality as part of a new digital workforce that
promises greater efficiency and productivity, freeing employees to
focus on high-value tasks that leverage their creative skills.
Simultaneously, our more connected world, while fostering greater
collaboration and workplace flexibility is also raising questions
about privacy, security, health and wellbeing as part of the
overall employee experience.
"I'm honored to be able to help iSolved's customers and partners
in managing, developing and empowering human talent in today's
rapidly changing work environment," said Duffell. "This is a
business with its own impressive talent, and incredibly loyal
customer and partner network that's more than ready to move to the
next level of performance."
With Duffell's appointment, former CEO Dave Dawson moves to the iSolved Board of
Directors, where he will continue to support the company and its
executive leadership. "I'm proud to have steered iSolved through a
period of successful growth, but there remains enormous opportunity
ahead," said Dawson. "I am excited to turn the reins over to Mark,
who is an ideal fit to drive the company to the next level,
building on the momentum achieved over several years."
In 2019, according to Gartner Research1, "the HCM
software market had another year of strong growth, driven by the
need to optimize digital support of HR processes to improve
employee experience and organizational agility." The global HCM
market was valued at more than $16B
in 2019 and is expected to exhibit an impressive CAGR of 11.7% from
2020 to 2027.2
About iSolved
iSolved transforms the way you manage your most important asset
– your people. Our human capital management (HCM) and workforce
technology brings together HR, payroll, time and attendance, and
benefits enrollment all in one robust, easy-to-use platform.
iSolved with Mojo energizes your culture and makes it
easy for your teams to build connections and unleash innovation.
More than 5 million employees and 145,000 employers use our tools
every day to boost engagement, collaboration, performance and
creativity. iSolved is delivered through elite regional payroll
providers, who engage customers with a white-glove service – a
unique approach that provides access to cutting-edge cloud
technology while retaining the local service relationship business
prefers. For more information, visit www.isolvedhcm.com.
1 Market Snapshot: Human Capital Management
Software, Worldwide, 2019. John
Kostoulas, Chris Pang,
Gartner, 10 June 2019
2 Grand View Research, February
2020
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SOURCE Infinisource