DataCert's Revenue Growth Secures Ranking on Inc. 500 and Deloitte's Texas Technology Fast 50.HOUSTON -- Both Recognitions Cement DataCert as One of the Fastest-Growing Private Companies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. DataCert, Inc., the leading provider of electronic invoicing and legal spend management solutions, today announced that it has secured rankings on both Inc. Magazine's Inc. 500 and Deloitte's Texas Technology Fast 50. This is the third consecutive year DataCert has been included in the Inc. 500 and the fifth consecutive year the company has been recognized on the Texas Technology Fast 50. Both awards are based on company revenue. The Inc. 500, celebrating its 25th anniversary, ranks companies based on a three-year revenue growth from 2002-2005. To qualify, companies had to be privately held, based in the United States and have at least $600,000 in net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight . DataCert's three-year revenue growth of 317% landed the position of 475 on the Inc. 500. Throughout its 25-year history, the Inc. 500 has included recipients such as Gateway, Microsoft and Oracle. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Eric M. Elfman, president and chief executive officer of DataCert, DataCert's unique products and customer service are the primary components of its continued financial growth and repeated listings on the Inc. 500. "Our strength is in our product - Advanced Invoice Management System (AIMS). AIMS rests securely behind a corporation's firewall, which is a key differentiator from other electronic invoicing and legal spend management solutions. Corporations recognize that AIMS, along with DataCert's experienced implementation staff, allows law departments to take control of their legal spend while reducing the shuffle of paper invoicing." DataCert's five-year revenue growth of 902% landed a ranking of 21 on Deloitte's 2006 Texas Technology Fast 50. To qualify for the Texas Technology Fast 50, companies must have operating revenues operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. of at least $50,000 in 2001 and $5,000,000 in 2005, be headquartered in Texas and own proprietary technology or proprietary intellectual property that contributes to a significant portion of the company's operating revenues. Using other companies' technology or intellectual property in a unique way does not qualify. DataCert was first recognized by Deloitte in 2001 as a Texas Rising Star, an award that recognizes substantial revenue growth for companies in business for less than four years. "Sustaining high revenue growth over five years is an exceptional accomplishment. We commend DataCert for making the commitment to technology and delivering on the promise of market longevity. We are proud to honor DataCert as a Deloitte Technology Fast 50 winner," said Skip Moore, Regional Managing Partner, Technology, Media and Telecommunications, Deloitte & Touche LLP LLP - Lower Layer Protocol . Winners of the 16 regional Technology Fast 50 programs in the United States and Canada are automatically entered in Deloitte's Technology Fast 500 program, which ranks North America's top 500 fastest-growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com. About Inc. Inc., 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 (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control publication, inspires and informs, with cutting-edge coverage that reflects our readers' energy, brashness brash 1 adj. brash·er, brash·est 1. a. Hasty and unthinking; impetuous. b. Rash. 2. Lacking in sensitivity or tact. 3. Presumptuously forward; impudent. and imagination. For more information visit www.inc.com. About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu Deloitte & Touche (also referred to as Deloitte Touche Tohmatsu, and branded as Deloitte.) is the second largest professional services firm in the world, and one of the Big Four auditors, along with PricewaterhouseCoopers, Ernst & Young and KPMG. , a Swiss Verein A Swiss Verein ("Verein" is German for "Union") is a legal structure in Swiss law. It is similar to the Anglo-American voluntary association. Unlike Germany, a Swiss Verein does not need to be registered in order to have a separate legal personality. Most Swiss NGOs resp. , its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein. Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP. About AIMS Advanced Invoice Management System (AIMS) is DataCert's web-based application See Web application. that facilitates the approval and payment of electronic invoices between law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks. , routed, adjusted and approved, then posted to a matter management and/or accounts payable system. About DataCert, Inc. DataCert, Inc. is the largest and fastest-growing supplier of electronic invoicing and corporate legal spend management solutions. DataCert's products and services provide a substantial return on investment to corporations looking to reduce outside legal spend. With more than 6,300 customers in 100 countries, including 55 of the Fortune(R) 500, DataCert processes in excess of $9 billion of electronic invoicing data on an annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. basis. DataCert is headquartered in Houston with regional offices in London and Austin. Visit DataCert at www.datacert.com for more information. |
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