We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.

logo
  • Engineers & Specifiers
  • Contractors & Installers
  • Wholesalers & Distributors
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Free Subscription
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • PRODUCTS
    • Bath & Kitchen
    • Fire Protection
    • HVAC
    • Hydronics/Radiant
    • Plumbing
    • PVF
    • Tools
  • PROJECTS
    • Commercial
    • Green Building
    • MRO/Retrofit
    • Remodeling
    • Residential
  • HOW TO
    • Design
    • Fire Protection
    • Legal Matters
    • Management
  • BUSINESS
    • Buying Groups
    • Technology
    • Associations
  • CODES & STANDARDS
    • ANSI
    • ASHRAE
    • ASSE
    • Regulations
    • Green Building
    • IAPMO
    • ICC
    • NFPA
  • RESOURCES
    • Media Kit
    • Advertise
    • Contact Us
    • Classifieds
    • Digital Editions
    • Behind the Wall
    • Webinars
    • ASPE Live 2022
  • PODCASTS
  • DIGITAL EDITIONS
Home » WorkWave Continues Growth Through Q2

WorkWave Continues Growth Through Q2

July 26, 2022
No Comments
WorkWave Continues Growth Through Q2

WorkWave, a leading provider of SaaS software solutions that support every stage of a service business's life cycle, continues to deliver impressive growth with 168% year-to-date (YTD) growth and Q2 revenue growth of 148% year-over-year (YOY). Software sales have been the main driver behind this momentum, growing at 173% YTD, reflecting WorkWave's consistent ability to deliver innovation and partner with customers to drive their success. As a sign of its growing influence, WorkWave has also been recently named one of the Top 100 Software Companies of 2022 by The Software Report.

"During these times of uncertainty it is even more critical that we continue to focus on consistently delivering tangible value to our customers. That, combined with our ability to be a strong partner, will carry them — and WorkWave — through any challenges they may face," said WorkWave CEO David F. Giannetto. "We expect our outstanding success to continue, and believe that our constant focus on running a well-managed, profitable, organically growing business puts us in a superior position versus our competition."

New customer growth improved 68% YTD, with a 122% net retention rate thanks to WorkWave's continued efforts to provide excellent service, in addition to strong solutions, to its customers. Most notably the following:

  • An increased offering for growth-minded, small-to-midsize customers with the launch of Real Green Lite and TEAM Lite – two new solutions that join PestPac Lite and expand WorkWave's market leadership into additional green segments and residential cleaning, respectively.
  • Continued enhancements of the Real Green platform utilizing WorkWave components, including the award-winning Forms, which enables companies to design highly customized paperless contracts, proposals and other business forms; the first wave of industry leading payment functionality to improve the customer experience; and the launch of a Real Green community site, connecting Real Green customers directly with key WorkWave resources.
  • The launch of WorkWave's Customer Experience Department, focused on helping customers utilize WorkWave solutions in a way that drives a tangible improvement in how their business operates, grows and increases profitability. This is combined with an expanded Customer Success Department focused on helping customers accelerate the consolidation of acquired companies into their organizations.
  • The first initial offerings in WorkWave's new set of Financial Services, a collection of financial offerings that will range from credit cards, to lending, to tailored insurance and more — all designed specifically to help WorkWave customers grow their business and maximize their money. This is combined with additional payments functionality in the form of proprietary mobile and back office check scanning, digitizing checks securely to improve cash flow and increase security.

As a result of this year's strong growth, WorkWave has seen a 243% increase in employee growth YOY, and has been named one of NJBIZ's 2022 Best Places to Work for the eighth consecutive year.

Business Contractors & Installers Industry Community News Software Technology
  • Related Articles

    WorkWave Continues Powerful Acceleration with Significant Revenue Growth in Q1

    WorkWave Announces Release of Marketplace to Drive Customer Savings and Growth

    ARS Growth Continues with Acquisition of Two Businesses

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular

  • NIBCO Expands Industry Presence with Acquisition of Matco-Norca

  • Stories From the Mechanical Room Podcast: The Math Never Lies ft. Taco Comfort Solutions' John Barba

  • Newly Released Scorecard Ranks States for Water Efficiency and Sustainability Policies

  • New 3M Docuseries Showcases Need for Diverse and Meaningful Trade Careers

Featured Video

Flow aide

JC Whitlam Flow Aide Biodegradable System Descaler Kit

Industry Events

  • 04Feb

    ASHRAE Winter Conference

    Atlanta, GA
  • 05Feb

    IMARK Plumbing Annual Meeting

    Orlando, FL
  • 06Feb

    2023 AHR Expo

    Atlanta, GA
More Events

Subscribe to our newsletters & stay updated

Subscribe & Learn More

  • Tw02 2023 cover
    Learn More
  • Pe02 2023 cover
    Learn More
  • Phc02 2023 cover
    Learn More
  • Es 2022
    Learn More
Subscribe

More from PHCP Pros

  • Editorial Team
  • Home
  • Contact Us
  • About
  • Advertise

Follow Us

© 2023 All Rights Reserved

Design, CMS, Hosting & Web Development | ePublishing