NEW YORK — Inc. magazine ranked CR Software, LLC one of America’s fastest growing private companies on its third annual Inc. 5000 list, 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-minded entrepreneurs.
“Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate,” said Inc. 5000 project manager Jim Melloan. “That’s why our list is so eagerly anticipated every year.”
“We are honored to be a part of the Inc. 5000 list,” said Warren Dedrick, Chairman of the Board of CR Software, LLC. “It is rewarding to be recognized as one of the fastest growing companies. We attribute our success to a dedicated team of employees and our actively engaged customers. CR Software, LLC has achieved two breakthroughs in the last few years. The biggest breakthrough was the creation of our flagship product, Titanium ORE Software, which provides a true end-to-end solution for managing client and debtor relationships. Our second breakthrough was understanding that we as a company have the capacity to make a difference. Even though our software products are technologically advanced we still needed to promote growth for our customers through information, technical assistance, research and education. Our focus was to bring attention to and foster solutions for our customers.”
CR Software, LLC, headquartered in Fairfax, Virginia, has proven to be the market innovator for Collections and Account receivable systems for 1st party creditors, 3rd party collection agencies, Attorneys, Medical A/R departments, Government Agencies and Courts and Banks. CR Software, LLC offers outstanding collection software applications supporting contact management, financial transaction tracking, comprehensive reporting capabilities, online account access and payment solutions for consumers and creditors, integrated IVR/predictive dialer/recording services, as well as custom development solutions. The CRS Titanium ORE product is CR Software’s best-in-class, flagship product with a superior architecture leveraging up-to-date, modern technology for incredible scalability, the most reliable security, and unprecedented flexibility.
The 2009 Inc. 5000, unveiled on Inc.com, serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.
Methodology
The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent — not subsidiaries or divisions of other companies — as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.
About CR Software, LLC
Since 1984, CR Software has been setting the standard for collections industry software systems. CR Software deploys, executes, and supports hundreds of installations every year. CR Software, LLC corporate headquarters can be reached at (800) 222-1722, by e-mail, kristine.sturans@crsoftwareinc.com or via the World Wide Web at http://www.crsoftwarellc.com.