NETtime Solutions has been named to Inc. magazine’s fifth annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs.
“Now, more than ever, we depend on Inc. 500|5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. magazine Editor Jane Berentson.
NETtime Solutions delivers the available anywhere, anytime SaaS time and attendance solution, NETtime, that helps companies maintain compliance with local, state and federal labor laws. NETtime Solutions was ranked #280 in the software industry.
In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
The 2011 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007, be based in the United States, privately held, for profit and independent as of December 31, 2010.
“We are ecstatic that we have been named to the Inc. 500|5000 for the second year in a row,” said NETtime Solutions’ founder and CEO, Bahan Sadegh. “It is an honor to be listed among so many successful companies and a testimony to our focused efforts to create a great company at a time when the economy continues to face so many challenges,” he said.
About NETtime Solutions
NETtime Solutions is the nimble and responsive pioneer of available anywhere, anytime SaaS time and attendance. NETtime helps companies manage their workforce with real-time time and attendance data while maintaining compliance with local, state and federal labor laws.