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Network hardware industry

PayMaxx Selected as Winner of Inc./Cisco Growing with Technology Award

Strategic Insights

— 1 min read

PayMaxx, a national payroll processing company headquartered in Franklin, Tennessee, has been recognized as one of the winners of the Inc./Cisco Growing with Technology Award. This prestigious honor acknowledges small and medium-sized businesses that utilize innovative networking and the Internet to increase profits. PayMaxx was selected from a pool of 700 nominees and ranked as one of the top 25 companies in the "fully established companies" category. The company's president and CEO, Farsheed Ferdowsi, expressed pride in being recognized for offering premier Internet solutions.

Key Takeaways:

  • PayMaxx was chosen as one of the winners of the Inc./Cisco Growing with Technology Award from a field of 700 nominees.
  • The award recognizes small and medium-sized businesses that produce a competitive edge by utilizing innovative networking and the Internet to increase profits.
  • PayMaxx ranked as one of the top 25 companies in the "fully established companies" category.
  • The company was recognized for offering premier Internet solutions.
  • PayMaxx is featured in Inc.'s Technology magazine and on the awards website and Cisco Systems' small/medium business site.
  • The company offers a range of products and services, including Y2K Compliant payroll processing, nationwide payroll tax filing, benefit administration services, Abra HR Management Systems, and 401(K) and GL interfaces.
  • PayMaxx's customers include Regal Cinemas, American HomePatient, Cooper Companies, Tractor Supply Co., and StaffMark.

Statistics:

  • PayMaxx was selected from a field of 700 nominees.
  • The company ranked as one of the top 25 companies in the "fully established companies" category.
  • PayMaxx was ranked No. 268 on Inc.'s 1998 list of the 500 fastest growing private companies in America.
  • PayMaxx has been name a Music City Future 50 Company by the Nashville Chamber of Commerce in 1997 and 1998.
  • The company was a finalist for Inc.'s Marketing Masters Awards program.

Sources:

  • "PayMaxx, Inc., a nationally recognized provider of state-of-the-art payroll processing solutions, has received the Inc./Cisco Growing with Technology Award." - Business Wire, June 11, 1999
  • "We're very honored to have been recognized out of a field of 700 nominees for offering premier Internet solutions." - PayMaxx President and CEO Farsheed Ferdowsi, Business Wire, June 11, 1999
  • Inc. Magazine
  • Cisco Systems

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