Falls Church, VA (September 17, 2012) Inc. Magazine has recognized Nexus Systems as one of the fastest growing, privately-owned companies in America. Each year, Inc. Magazine releases its 500|5000, which is a list of the top 5000 fastest growing companies. Nexus Systems ranked 132 in the software industry and 125 overall in Virginia for 2012. Nexus Systems has experienced record growth of 167 percent over the three-year span. The company has also grown over 25 percent in staff size within the past three years.
The substantial increase and growth within the company is a direct result of generating new sales and renewing existing clients. Nexus Systems experiences a well above average client renewal rate of 98.5 percent. This exceptional renewal rate is an outcome of Nexus Systems’ incredible customer service and ability to continue improving its products. Nexus Systems is currently on track to increase upon this impressive rate of growth. The full list of rankings can be found on the Inc. Magazine website: www.inc.com/inc5000/list/2012/industry/software.
About Inc. Magazine
Inc. Magazine has been the premier print publication for entrepreneurs and business owners for over 30 years. In 1982 the magazine introduced the Inc. 500 to celebrate the fastest growing privately held companies in the United States. In 2007 the magazine expanded to the Inc. 5000 to recognize a larger percentage of the growing market.
About Nexus Systems, LLC.
Nexus Systems is the leading provider of web-based applications that drive business process efficiencies and business process accountability, focusing on the accounts payable realm. From its inception in 1999, the team at Nexus Systems, LLC. has worked diligently to maintain its reputation as a highly responsive, innovative, and dynamic software company. Nexus Systems is a privately held company headquartered in the Washington, DC Metropolitan Area in Falls Church, Virginia. Its staff is comprised of technically savvy, hand-picked professionals with a dedication to satisfying each customer. Its flagship product, NexusPayables, automates the traditionally paper intensive accounts payable procure-to-pay process and is recognized as the best-in-class paperless solution. The NexusPayables application enjoys continued success as a result of its mature and robust functionality, intuitive interface, flexibility, compatibility with other systems, and overall ease of use.
For Immediate Release
Contact: Jennifer Shaw