Zuma Payroll & Processing Achieves 316% Growth, Earns Spot on Inc. 5000 List for Third Consecutive Year
August 13th, 2024 1:50 PM
By: Newsworthy Staff
Zuma Payroll & Processing has been recognized on the Inc. 5000 list of America's fastest-growing private companies for the third year in a row, highlighting its significant growth and impact in the payroll and human capital management industry.

Zuma Payroll & Processing, a leading provider of payroll, processing, and talent management software, has secured a place on the prestigious Inc. 5000 list of America's fastest-growing private companies for the third consecutive year. The company achieved an impressive three-year revenue growth rate of 316 percent, solidifying its position as a key player in the small and medium business (SMB) sector.
The Inc. 5000 list, compiled annually by Inc. magazine, recognizes the most successful independent, entrepreneurial businesses in the United States. Zuma's inclusion for the third year running underscores its consistent growth and innovative approach to serving the complex payroll, tax, and human resources needs of SMBs.
Chris Caputo, CEO of Zuma, attributed the company's success to its unwavering focus on client service and continuous innovation. "Our growth is attributed to our relentless focus on serving our clients and delivering innovative solutions to meet their payroll, tax, and talent management needs," Caputo stated. He also highlighted the expertise of Zuma's team, describing them as "some of the most knowledgeable professionals in the payroll industry."
In response to evolving client needs, Zuma has expanded its service offerings over the past year. The company recently launched a Human Resources Support Services, providing clients with dedicated HR experts to navigate workplace complexities. This follows the introduction of a specialized construction sector solution designed to handle intricate union reporting requirements.
The recognition comes at a time when businesses face significant economic challenges, including inflationary pressures, rising capital costs, and hiring difficulties. Despite these obstacles, Zuma and other Inc. 5000 companies have demonstrated remarkable resilience and growth, collectively adding 874,458 jobs to the economy over the past three years.
Mike Hofman, editor-in-chief of Inc., commended the 2024 Inc. 5000 honorees for their achievements in the face of economic disruption. "Congratulations to this year's honorees for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce," Hofman remarked.
Zuma's success story began in 2006 when the company was founded with the mission of providing critical payroll and human capital solutions to growing businesses. By combining cloud-based technology with personalized service, Zuma has positioned itself as a valuable partner for companies looking to streamline their operations.
The company's comprehensive human capital management (HCM) solutions integrate various business functions into a single source, offering clients a more efficient way to manage their workforce. This integrated approach, coupled with Zuma's commitment to personalized service, has been key to its rapid growth and repeated recognition on the Inc. 5000 list.
As Zuma continues to expand its services and client base, its inclusion in the Inc. 5000 list serves as a testament to the company's impact on the payroll and HCM industry. For small and medium businesses navigating the complexities of payroll, tax, and human resources management, Zuma's growth and innovation signal a promising future of enhanced solutions and support.
Source Statement
This news article relied primarily on a press release disributed by News Direct. You can read the source press release here,
