COLUMBIA, Md., Aug. 13, 2024 /PRNewswire/ -- Today
Inc. revealed that Accounting Seed—the number one accounting
solution built on Salesforce—makes the 2024 Inc. 5000 for the fifth
year in a row as one of the fastest-growing private companies in
America. The prestigious ranking provides a data-driven look at the
most successful companies within the economy's most dynamic
segment—its independent, entrepreneurial businesses. Microsoft,
Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and
many other household-name brands gained their first national
exposure as honorees on the Inc. 5000.
Year after year, our focus is delivering a
world-class accounting solution to businesses on Salesforce.
Accounting Seed: Accurate Financial Insights. Confident
Business Decisions.
Accounting Seed is a cloud-based accounting platform built
natively on Salesforce. With over 60,000 daily users in the small
and midsize market, Accounting Seed has realized over 70% annual
growth in the past three years alone, due in part to its increased
focus on financial automation, custom reporting, and exceptional
customer support.
"Accounting Seed is growing rapidly as a result of our
commitment to driving efficiency by eliminating manual accounting
processing, all on a single platform," said Steve Lorenc, CEO of Accounting Seed. "Our
innovative accounting technology enables accurate and timely
financial reporting by providing deeper insights into key business
metrics. Making the Inc. 5000 list for the fifth consecutive year
confirms we are delivering solutions that are meeting and exceeding
the needs of our customers, and we are truly honored."
This news comes shortly after Accounting Seed launched new
product features: AP Automation, AR Automation and
Multi-book Accounting—delivering on their commitment to offering
the best accounting technology as a seamless, single-source
solution within your CRM. Looking forward, Accounting Seed plans to
continue expanding the company's product development, support,
marketing, and sales efforts, leaving them poised for continued
growth and success.
The Prestige Behind Inc. 5000
The Inc. 5000 class of
2024 represents companies that have driven rapid revenue growth
while navigating inflationary pressure, the rising costs of
capital, and seemingly intractable hiring challenges. Among this
year's top 500 companies, the average median three-year revenue
growth rate is 1,637 percent. In all, this year's Inc. 5000
companies have added 874,458 jobs to the economy over the past
three years.
For complete results of the Inc. 5000, including company
profiles and an interactive database that can be sorted by
industry, location, and other criteria, go to www.inc.com/inc5000.
All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the
new issue of Inc. magazine, available on newsstands
beginning Tuesday, August 20.
"One of the greatest joys of my job is going through the Inc.
5000 list," says Mike Hofman, who
recently joined Inc. as editor-in-chief. "To see all of the
intriguing and surprising ways that companies are transforming
sectors, from health care and AI to apparel and pet food, is
fascinating for me as a journalist and storyteller. Congratulations
to this year's honorees, as well, for growing their businesses fast
despite the economic disruption we all faced over the past three
years, from supply chain woes to inflation to changes in the
workforce."
"Year after year, our focus is delivering a world-class
accounting solution to small and medium sized businesses on
Salesforce, enabling leaders and finance professionals to
efficiently run and grow their businesses faster," said
Ryan Sieve, CTO at Accounting Seed.
"The continued recognition from Inc. 5000 is due to the incredibly
hard-working team of staff and partners that are committed to the
success of our customers, and we look forward to many more years of
serving our client-base at the highest level."
About Accounting Seed
Accounting Seed is published on the Salesforce AppExchange as a
native accounting solution, effectively bringing Accounting and
Customer Relationship Management (CRM) securely under one roof. The
native sharing of data on the Salesforce platform gives all
departments a real-time view of business performance from sales to
operations to finance—while enabling greater efficiency through
automation and paving the way for financial growth. Learn more at
www.accountingseed.com.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage
revenue growth from 2020 to 2023. To qualify, companies must have
been founded and generating revenue by March
31, 2020. They must be U.S.-based, privately held,
for-profit, and independent—not subsidiaries or divisions of other
companies—as of December 31, 2023.
(Since then, some on the list may have gone public or been
acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 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.
About Inc.
Inc. Business Media is the
leading multimedia brand for entrepreneurs. Through its journalism,
Inc. aims to inform, educate, and elevate the profile of our
community: the risk-takers, the innovators, and the ultra-driven
go-getters who are creating our future. Inc.'s award-winning
work achieves a monthly brand footprint of more than 40 million
across a variety of channels, including events, print, digital,
video, podcasts, newsletters, and social media. Its proprietary
Inc. 5000 list, produced every year since its launch as the Inc.
100 in 1982, analyzes company data to rank the fastest-growing
privately held businesses in the United
States. The recognition that comes with inclusion on this
and other prestigious Inc. lists, such as Female Founders
and Power Partners, gives the founders of top businesses the
opportunity to engage with an exclusive community of their peers,
and credibility that helps them drive sales and recruit talent. For
more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, to
be held from October 16 to 18 in
Palm Desert, California, please
visit http://conference.inc.com/.
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