Ncontracts Named to Inc. 5000 List for Fourth Consecutive Year
BRENTWOOD, Tenn., August 17, 2022 – Ncontracts, the leading provider of integrated risk management and lending compliance solutions for the financial services industry, has been named to the Inc. 5000 list for the fourth consecutive year, demonstrating strong and steady growth as well as significant resilience and flexibility, given the last two year’s unprecedented challenges.
In addition to being named the No. 2,235 fastest growing company in America, Ncontracts is also ranked in three sub-categories, including No. 300 in software companies, No. 55 in Tennessee and No. 29 in Nashville. Tennessee continues to see strong growth among small businesses. Since last year, the state saw over 77,000 filings for new businesses, making it the 8th fastest-growing economy in the U.S. Additionally, Nashville took the top spot as the U.S. city seeing the most economic growth in 2021.
Michael Berman, founder and CEO of Ncontracts, said, “We are honored to be on this distinguished list of fast-growing companies for the fourth year in a row. As the need for better risk and compliance management tools increases, we are helping more financial institutions take control and scale their operations. We are thankful to our team in this effort and to our more than 4,000 customers who continue to trust us as their partner.”
Ncontracts' integrated risk management solutions enable banks, credit unions, mortgage lenders and fintech companies in all 50 U.S. states to automate their risk management and compliance activities. Clients save time in assessing and managing risks related to the financial products they market to consumers and ensuring that their compliance activities are accurate and complete. The company’s knowledge as a service (KaaS) solutions give financial institutions and fintechs the benefit of cloud technology built to make it easy to find and leverage industry-leading content developed and maintained by a team of seasoned risk and compliance experts.
Not only a significant contributor to both the nation’s and Tennessee’s economies, Ncontracts was previously named to Inc. Magazine’s 2022 Best Workplace list for creating an exceptional workplace and company culture. The company has experienced rapid growth over the past several years, more than doubling its employee and customer base since 2019.
Ncontracts provides integrated risk management and compliance software to a rapidly expanding customer base of over 4,000 financial institutions, mortgage companies, and fintechs in the United States. The company’s powerful combination of software and services enables financial institutions to achieve their risk management and compliance goals with an integrated, user-friendly cloud-based solution suite encompassing vendor, organizational, audit, and compliance risk management. The company was named to the Inc. 5000 fastest-growing private companies in America for the 4th consecutive year. Visit www.ncontracts.com or follow the company on LinkedIn and Twitter for more information.
ABOUT INC. AND THE INC. 5000
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine’s September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.