Paycom Ranks No. 156 on the 2006 Inc. 500
New York, August 23, 2006 – Inc. magazine today announced its 25th
annual Inc. 500 ranking of the fastest-growing private companies in the country.
Oklahoma City-based Paycom, ranks No. 156 on the list, with three-year growth of
685.6 percent.
Paycom helps businesses to efficiently and cost-effectively improve their
payroll process, time and labor management, HR reporting capabilities and COBRA
compliance. Their easy-to-use and integrated, web-based software and
unparalleled customer service keeps their client retention rate at 99 percent.
Paycom processes payroll for customers in all 50 states and has offices in
Oklahoma City, Tulsa, Denver, Dallas and Atlanta.
The 2006 Inc. 500, as revealed in the September issue of Inc., reported the
most robust bunch of companies the magazine has ever compiled, with aggregate
revenue of $19.7 billion, up from $16.5 billion last year and $12.9 billion in
2000. In all, 14 companies topped $200 million in annual revenue,
compared with 11 last year.
“If you want to find out which companies are going to change the world, look
at the Inc. 500,” said Inc. Editor Jane Berentson. “These are the most
innovative, dynamic, fast-growth companies in the nation, the ones coming up
with solutions to some of our most intractable ills, creating systems that let
us conduct business faster and easier, and manufacturing products we soon
discover we can’t live without. The Inc. 500 list is Inc. magazine’s tribute to
American business ingenuity and ambition.”
Methodology
The 2006 Inc. 500 list measures revenue growth from 2002 through 2005.
To qualify, companies had to be U.S.-based, privately held independent – not
subsidiaries or divisions of other companies – as of December 31, 2005, and have
at least $600,000 in net sales in the base year. Visit www.inc.com to dig
deeper into this year’s Inc. 500 rankings. To celebrate the 25th annual Inc. 500
list, Inc.com has assembled an exclusive lineup of interactive resources that
includes:
- Interactive maps allowing for quick insight into regional and industry
trends - A timeline of world events and pop culture trends that shaped the past 25
years that explains how the Inc. 500 corresponds to and is reflected by those
events - Slide shows of the top companies and most innovative products from the Inc.
500 class of 2006 - A quiz that includes interesting facts such as which former Inc. 500 CEO won
a World Series ring.
Inc., http://www.inc.com, the only major
business magazine dedicated exclusively to owners and managers of growing
private companies, delivers real solutions for today’s innovative company
builders. It provides hands-on tools and market-tested strategies for managing
people, finances, sales, marketing, and technology. Inc., a Mansueto Ventures
LLC publication, inspires and informs, with cutting-edge coverage that reflects
our readers’ energy, brashness, and imagination.
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