CAVE CREEK, Ariz., Aug. 16, 2022 (GLOBE NEWSWIRE) -- Today, Inc. revealed that RECUR360, with Three-Year Revenue Growth of 346.95 Percent, is No. 1776 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
"I am honored and humbled to have RECUR360 listed as '1776' on the Inc5000 list for 2022. We could not have achieved this without our wonderful customer base. The achievement is an attestation to the devotion and loyalty of our staff to generate such revenue growth through the pandemic and latest economy." - Andrew B Abrams - CEO - RECUR360 TECHNOLOGIES LLC
RECUR360 TECHNOLOGIES LLC, "RECUR360", is a SaaS based platform providing enterprise level invoice generation, payment processing, sales tax and late fee calculation, accounts receivable and collections automation for QuickBooks Desktop and Online users. The RECUR360 API enables SaaS platforms to connect into RECUR360 as a bridge to QuickBooks and automate subscription billings. The R360 Cloud Hosting division provides remote desktops for the hosting of QuickBooks Desktop and integrated applications. RECUR360 was recognized as one of the Top 10 new Apps for QuickBooks Online in the 2017 $100,000 Showdown; Top Rated 25 Apps for QuickBooks Online by Maverick Merchant 2021.
CONTACT:
Andrew B Abrams - CEO - accounting@recur360.com - (602) 388-8933
More about Inc. and the Inc. 5000
Methodology
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine's September issue, available on August 23. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
About Inc.
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
Related Images
Image 1: RECUR360
Recurring Invoices, Payments, Late Fees, and Collections for QuickBooks
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