For the second consecutive year, Red Oak Compliance Solutions has been ranked among the nation’s fastest-growing private companies, according to Inc. Magazine.
Red Oak was ranked at No. 2130 on the prestigious list and was one of about 400 Texas companies to be recognized for impressive growth. This is Red Oak’s second consecutive year to receive this recognition.
How Are Companies Evaluated For Inclusion In The Inc. 5000 List?
The 2020 Inc. 5000 is ranked according to percentage revenue growth over a three-year period (from 2016 to 2019).
To qualify for inclusion on the list, companies must be:
- U.S. based
- Privately held
- Founded and generating revenue by March 31, 2016
Companies included on the list are required to have had a minimum of $100,000 in revenue in 2016, and a minimum of $2 million in revenue in 2019.
Why Does This Recognition Matter To Red Oak Compliance Solutions?
Inclusion on the Inc. 5000 list is a prestigious honor and one that places Red Oak in the company of some industry giants.
We’re particularly honored by this recognition because it shows that our customer-focused strategies for building meaningful compliance tools are working.
It shows that Red Oak is doing the right thing when it comes to business development and growth. Red Oak has achieved and sustained impressive growth numbers during the past three years – averaging 197.67 percent growth during that time.
As we’ve built Red Oak’s technology offerings, we’ve focused on creating tools that provide value, decrease time to market, and improve efficiency and accuracy for marketing and compliance teams. We’ve listened to customer feedback and incorporated it into our processes to ensure we’re creating tools that are useful and thoughtfully designed to support client needs and provide an optimal user experience.
Being included on the Inc. 5000 list is an affirmation that we’re doing the right thing for our clients, building tools that provide them value and support. Our clients choose to stay with us, and new clients continue to engage, because our value proposition rings true and because our products and services truly support the needs of our clients.
A very special thank you to our clients throughout the years. We know this recognition is only possible because of you. Your trust and commitment are integral to our continued growth. The Red Oak team truly appreciates your business and the opportunity to provide you solutions that keep your organizations efficient and compliant.
This year was Red Oak’s second year in a row to receive this honor. To read about Red Oak’s 2019 inclusion in the Inc. 5000 list, last year’s blog post is available on our site.
About Red Oak Compliance Solutions
Red Oak Compliance Solutions is the global advertising review software of choice in the financial services industry, serving clients with more than $19 trillion in assets under management. Red Oak’s advertising compliance review software offers quick implementation timelines, as well as agile technology that responds to client needs and is 100% Books and Records compliant. Clients of Red Oak typically see at least 35% faster approvals, and 70% fewer touches or better.