PayLease, a leading payments, billing, and utility expense management provider for property management companies and HOAs, announced it was featured on the 2016 Inc. 5000 list, which showcases the nation’s fastest-growing private companies. The Company is ranked 1223rd on the list, thanks to a 318% growth in revenue between 2012 and 2015. The 2016 ranking is an improvement over the 2015 Inc. 5000 list, where PayLease was named as the nation’s 1458th fastest-growing company.
The 2016 Inc. 5000 list measures revenue growth from 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012, and be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2015. Employee counts are as of December 31, 2015, and include all employees receiving benefits.
PayLease accelerated its growth after acquiring Ocius in 2015, enabling the addition of convergent billing and utility expense management solutions to its product offerings. Adding these two products on top of its online payment service, has provided PayLease’s property management clients with a complete end-to-end billing and payments solution.
PayLease CEO, Dave Dutch commented on the Company’s appearance on the list. “I’m proud to say that this is PayLease’s seventh consecutive year on the Inc. 5000 list. Not many companies are fortunate enough to stay in a pattern of high growth for as many consecutive years as PayLease. We’ve successfully been able to evolve our business to align with the wants and needs of property management professionals, and that has helped propel our growth.”
“The Inc. 5000 list stands out where it really counts,” says Inc. President and Editor-In-Chief Eric Schurenberg. “It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great – usually from scratch. That’s one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails.”
To see other companies on the list, click here.
PayLease provides online rent payments, billing, and utility expense management tools to HOAs and property management companies. Property managers use PayLease to offer their residents convenient online payment options and to improve their business’ operational efficiencies. Our solutions are easy-to-use and are backed with the highest levels of security and customer support. Since our inception in 2003, PayLease has grown to serve thousands of property management companies nationwide and is among the fastest-growing technology companies in the United States.
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