Dallas, Texas, Aug. 29, 2019 (GLOBE NEWSWIRE) -- GEX Management Inc (OTC: GXXM, “GEXM”), a Dallas based management and professional services firm, today announced key strategic initiatives focused on enhancing the inhouse recruitment processes to meet the increased staffing demands of its enterprise technology clients.
Sri Vanamali, the Executive Director of GEX Management Inc. said, “Through a combination of a robust staffing business demand and innovative sales initiatives undertaken by our sales and corporate strategy teams, GEX faces the exciting new challenge of meeting multiple staffing placement requirements flowing in from our enterprise technology partners across the country. To accelerate our efforts for recruiting and placing top quality talent to fill these positions quickly and efficiently , GEX has partnered with a reputed, Delaware based Recruitment Process Outsourcing (RPO) firm to bring in highly experienced recruitment consultants to work with the GEX sales team with the goal of rapidly meeting these long term placement objectives. We have already kick-started this partnership by onboarding a senior recruitment consultant on a trial basis in August and will continue to monitor placement progress and incrementally expand our recruitment and sales personnel through similar service provider partnerships as we progress towards our strategic goals laid out earlier this year.”
In addition to building out the sales pipeline, the management continues to focus on improving the balance sheet in the near and long term by reinforcing its relationships with traditional debt and equity investor partners whose interests are closely aligned with the company’s growth initiatives. With rapid conversion of existing convertible debt instruments currently underway, the company is primed to bring on additional synergistic capital to meet its working capital needs, while moving away from non-traditional sources of capital. “We will be making additional announcements to showcase how these critical capital partnerships are helping the company meet the corporate goal of enhancing share holder value both through strategic capital allocation and profitable business development initiatives. I continue to be very excited and optimistic about future growth as we make steady progress towards achieving our long-term corporate objectives.”, said Sri Vanamali.
About GEX Management
GEX Management, Inc. Is a Professional Services Company providing consulting, staffing and comprehensive managed service solutions to clients in a variety of industries. GEX Management services include IT and Strategy Consulting, Staffing, HR, Payroll, Risk & Compliance, and Executive Consulting, and provides progressive and complete solutions for employee management and operational needs.
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