TMCnet News
Billtrust Earns Spot on Inc. 5000 List of Fastest Growing Companies for Ninth Straight YearBilltrust, the leading provider of payment cycle management solutions, earned a spot on Inc. magazine's 37th annual Inc. 5000 list of the nation's fastest-growing companies, placing at No. 2670. With this announcement, Billtrust is one of only two percent of the Inc. 5000 to spend nine consecutive years as one of the fastest growing companies in the United States. "Billtrust's continued success at achieving nationally ranked year-over-year revenue gains has been driven by our top-of-the-line team and our innovative solutions which continue to ease pressure on back-offices and make payment cycle management painless for all companies," declared Flint Lane, CEO of Billtrust, "We're proud to be named to this prestigious list for the ninth time in a row and to be recognized alongside so many impressive companies across the US." This announcement comes as Billtrust positions itself for even more aggressive growth. Earlier this year, Billtrust raised $25 million in capital from investors including Goldman Sachs and Bain Capital Ventures. Billtrust has also continued to build its board as it prepares to launch new and improved offerings aimed at enabling more companies to easily implement Billtrust's solutions and begin better managing their payment cycle. "The story of this year's Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top," said Inc. president and editor-in-chief, Eric Schurenberg, "Business owners don't achieve that kind of success by accident." The 2015 Inc. 5000, unveiled online at Inc.com and highlighted in the September issue of Inc. (available on newsstands August 18 to September 22) is the most competitive crop in the list's history. An annual Inc. 5000 event will be held from October 21 through 23, 2015 in Orlando, honoring the companies that made the list. Speakers will include Marcus Lemonis, host of the CNBC show "The Profit," Robert Herjavec, one of the main "sharks" on ABC-TV's "Shark Tank," KIND Founder and CEO Daniel Lubetzky, and Co-Founder of Goodshop.com JJ Ramberg. About Billtrust Billtrust is the premier provider of Payment Cycle Management solutions, helping businesses accelerate invoice-to-cash. By integrating the three key areas of the paymnt cycle: invoice presentment, invoice payment, and cash application, Billtrust is committed to delivering a flexible solution to improve buyer satisfaction and DSO. In 2014, the Billtrust invoice-to-cash solution processed over $250 billion in receivables for leading companies including Kraft Foods, Under Armour, Estes Express and CDW (News - Alert).
For more information, visit Billtrust at www.billtrust.com. Inc. 5000 Methodology The 2015 Inc. 5000 is ranked according to percentage revenue growth when comparing 2011 to 2014. To qualify, companies must have been founded and generating revenue by March 31, 2011. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2014. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2011 is $100,000; the minimum for 2014 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/5000. About Inc. Media: Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 13,000,000 today. For more information, visit www.inc.com. The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions. For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150819005649/en/ |
