Company: OutSolve
Nomination Submitted by: PAIRELATIONS, LLC
Company Description: OutSolve is a leading tech-enabled consulting firm dedicated to helping companies with human resources compliance. Through its proprietary technologies and seasoned experts, OutSolve specializes in supporting clients with Department of Labor, Equal Employment Opportunity and state and federal pay equity requirements, along with diversity, equity and inclusion (DEI) programs.
Nomination Category: Achievement Categories
Nomination Sub Category: Achievement in Growth
 Nomination Title: OutSolve’s Growth Propels Company into Top-Three Leadership Position
- If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization's history and past performance (up to 200 words):
Total 200 words used.
OutSolve is among the nation’s top-three players in the niche arena best-known as human resources (HR) compliance.
Through its proprietary technologies and seasoned experts, OutSolve specializes in helping companies adhere to federal contracting standards/other government regulations to promote/ensure equitable workplace policies.
Since its 1998 founding, OutSolve developed expertise in Office of Federal Contractor Compliance Programs' (OFCCP) regulatory requirements and audit support, compensation practices, state pay reporting, Equal Employment Opportunity (EEO-1/VETS) reporting/training and diversity, equity and inclusion (DEI) consulting services.
Seasoned OFCCP compliance experts founded OutSolve after identifying a market void in HR compliance solutions. Today, co-founder and CEO Jeremy Mancheski remains at OutSolve’s helm, leading its growth.
Between Q1’22-Q1’24, OutSolve completed nine acquisitions; prior, six companies were acquired, totaling 15 to date. OutSolve’s more-aggressive acquisition path began with its partnership with The Riverside Company, providing additional resources for fueling growth.
OutSolve is a trusted resource to companies spanning all sizes/industries through its provision of a broad range of employment compliance solutions. Currently, OutSolve supports 3,100+ organizations and completes 23,000+ Affirmative Action Programs (AAP) annually. It boasts a 98% client retention rate while its talent—on average—brings 15+ years of experience to their roles, further demonstrating its unparalleled industry acumen.
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the nominated organization's growth achievements since the beginning of 2022, OR written answers to the questions? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video:
- If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2022 that you wish to bring to the judges' attention (up to 250 words):
Total 246 words used.
OutSolve first embarked on its aggressive acquisition strategy in 2017. However, the partnership it forged in late 2022 with private equity firm, The Riverside Company, served as a catalyst in propelling the Company into its next stage of growth.
With 15 acquisitions under its belt, OutSolve has become the fastest-growing organization in HR compliance solutions. OutSolve achieved its growth not only through many strategic acquisitions but also by forging key industry partnerships and expanding service offerings, all of which, in turn, help its clients expand their compliance adherence efforts and capabilities.
Most recent notable achievements (since 2022) with resulting impact include:
- Completed nine acquisitions (two highlighted)
- Hudson Mann (June 2022)—Large player in OFCCP compliance; strengthened OutSolve’s market leader position and expanded geographic presence
- Federal Wage and Labor Law Institute (March 2024)—Labor law compliance company helping businesses manage/comply with/meet ever-changing labor law poster requirements; complemented OutSolve’s offering
- Forged 10 strategic partnerships (one highlighted)
- DirectEmployers (January 2023)—Nonprofit providing mandatory listing services; afforded OutSolve greater exposure in OFCCP compliance arena through exclusive partnership with DirectEmployers offering members access to OutSolve’s extensive OFCCP compliance solutions with a one-stop-shop approach
- Increased revenue year-over-year [REDACTED FOR PUBLICATION]
- Tripled employee headcount through acquisition/organic growth
- Expanded customer base 44.4%
- Grew nationwide presence: four U.S. offices/employee presence in 13 states
- Named New Orleans (NOLA) top workplace five consecutive years (2019-2023) by The Times-Picayune (daily newspaper in Company’s headquarters market). [REDACTED FOR PUBLICATION]
- Demonstrated good corporate citizenship through community contributions/engagement
- If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):
Total 250 words used.
As workplaces continue to evolve, their compliance initiatives must also adapt. OutSolve is continually enhancing its services/solutions, aiding its clients in doing just that, thereby allowing these entities to demonstrate tangible actions/proven results.
To this end, the Company’s acquisition and partnership strategies have contributed to its abilities in extending its overarching HR compliance offerings. Through all these initiatives, OutSolve fortified its solutions portfolio, created a one-stop-shop for its ever-growing client base and further cemented its leadership industry role.
In fact, no other company participating in the OFCCP compliance space (sub-sector of larger HR compliance market segment) is acquiring competitive, complementary companies at a pace that even comes close to that of OutSolve. It truly leads the pack.
Key industry differentiators OutSolve brings to market:
- Introduced bundled compliance solutions packages at various tier-levels (January 2024). No other company bundles in this way
- Launched Annual Pay Equity reporting service (2022). Only company that runs high-level evaluation of clients’ pay programs, ensuring appropriate, fair employee pay programs
- Boasts diverse client portfolio spanning 3,100+ companies (year-end 2023) of varying size: United, Goodwill, Adapt Forward, Common Spirit, Aramark, ABM, Conagra Brands, iHeartmedia, Krispy Crème, American Express, Honda, Tesla, American Heart Association, Dell, Fidelity, Pep Boys, just to name a handful
- Excelled in client satisfaction; garnered 98% client satisfaction rate and 100+ five-star reviews, according to the Society for Human Resource Management (SHRM), an HR industry association and trusted authority on all things workplace
- Emerged top-three player in HR compliance space, based on market analysis/comparatives
- Optional: Reference here any attachments of supporting materials throughout this nomination and explain how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 250 words used.
Included are several links to a range of relevant OutSolve news, announcements and Company highlights:
- OutSolve’s website provides details on the Company, its history, background, offerings and market leadership role in the niche AAP and broader HR compliance spaces
- Press release regarding OutSolve’s March 2024 acquisition of Houston-based Federal Wage and Labor Law Institute (FWLLI). FWLLI is a labor law compliance company making it easy for businesses to manage and comply with ever-changing labor law poster requirements. Allowed OutSolve to expand its service offering
- Recognition about the Company being named a NOLA Top Workplace for five consecutive years by local newspaper, The Times-Picayune. Distinguishes OutSolve’s reputable workplace and growing employee base in the New Orleans area, home to its headquarters
- Press release highlighting the partnership OutSolve forged with DirectEmployers, a federal contractor association organization, making it the exclusive provider of AAP services for their thousands of members
- Press release showcasing the investment OutSolve received from The Riverside Company, a global private equity firm. Funds were earmarked for helping to accelerate the Company’s growth and fostering its ability to acquire additional entities in HR compliance solutions space at a rate like that of no other competitor
- Press release link describing the acquisition of HudsonMann, a medium size firm in the HR compliance space. This acquisition expanded OutSolve’s industry position through the addition of clients, employees and office space
- Details surrounding OutSolve’s celebration of its 25th anniversary in October 2023 are highlighted
- List of charitable efforts put forth by OutSolve via link
| Attachments/Videos/Links: |
|---|
|
