“The Inc. 5000 is an important accolade for us. For our company to be mentioned among the other independent businesses in America that are driving our economy, and showing massive growth--even in uncertain times--that’s huge validation and we’re all very excited about this achievement.”
HOUSTON (PRWEB) September 09, 2020
Managed accounting experts and six-time Sage Intacct Partner of the Year, AcctTwo, revealed today they earned a 4th consecutive place on the Inc. 5000, Inc. magazine’s ranking of the nation's “fastest-growing private companies.” AcctTwo jumped 181 spots from 2019 and showed three-year revenue growth of 181%.
The Inc. 5000 list represents the most successful companies within the American economy’s independent, small business segment. The 2020 Inc. 5000 was ranked according to percentage revenue growth when comparing 2016 and 2019. Previous honorees include esteemed and successful companies such as Intuit, Microsoft, Patagonia, Under Armour, and Zappos.
“The Inc. 5000 is an important accolade for us. For our company to be mentioned among the other independent businesses in America that are driving our economy, and showing massive growth--even in uncertain times--that’s huge validation and we’re all very excited about this achievement,” said Marcus Wagner, Founder and CEO of AcctTwo.
“I’m most proud of our AcctTwo people. Everyone works tenaciously to help our clients reduce their monthly stress, calm the chaos, and focus on what they need to do to grow the business,” added Wagner. “A great example is our outsourced accounting service. We couldn’t stand by and watch companies struggle so we offered managed accounting services for companies that could no longer afford to be mired down in day-to-day, transactional processes. For us it’s less about the bottom-line and more about saving you time, having quicker access to financials, in a way that’s affordable and scalable.”
Watch a short video about how AcctTwo Managed Accounting Services works.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” said Inc. Editor-in-Chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
According to Inc., the companies on the 2020 Inc. 5000 list have been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 companies achieved a three-year average growth of more than 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for more than 1 million jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc.
About the Inc. 5000
Methodology: The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 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/inc5000.
About Inc. Media
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.
AcctTwo is focused on delivering the future of finance and accounting to its customers. AcctTwo has three main solutions – Cloud Accounting Software, Managed Accounting Services, and Software Development, all built around Sage Intacct’s best-in-class financial applications. Our dedicated team of over 100 people has helped nearly 1,000 organizations optimize finance and accounting through software implementations, accounting outsourcing, and consulting. AcctTwo has been recognized by Sage Intacct as its Partner of the Year from 2014 – 2019 and by our customers as a leader in overall satisfaction and popularity through their reviews on G2.
AcctTwo is headquartered in Houston, Texas. For more information about accounting software customization, please visit https://www.accttwo.com or call 713-744-8400.