PayLease Lands on Deloitte’s Technology Fast 500 List for the Fourth Consecutive Year
PayLease, a leading payments and utility management provider for the property management and HOA industry, today announced its inclusion in Deloitte’s 2015 Technology Fast 500™, a ranking of the 500 fastest growing technology companies in North America.
PayLease ranked as the 258th fastest growing technology company in the nation, thanks to an impressive 283% revenue growth between 2011and 2014. This is the fourth consecutive year PayLease has been featured on the Technology Fast 500 list.
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2011 to 2014.
PayLease CEO, Dave Dutch commented on the firm’s fourth consecutive Technology Fast 500 win by saying, “2015 was a momentous year for PayLease. We continued to enhance our online payments platform, and also brought our clients resident billing and utility expense management services through our merger with Ocius. Our dedication to providing the most comprehensive billing and payments solution available to the property management industry is a driving factor behind our growth and consistent recognition by the Deloitte Technology Fast 500.”
To qualify for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things,” said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “We congratulate all those ranked on this year’s Fast 500 and look forward to seeing their continued growth into 2016.”
For the full list of Deloitte Technology Fast 500 winners, visit here.
PayLease provides online billing, collection, and utility expense management tools to HOAs and property management companies. Property managers use PayLease to offer their residents convenient online payment options and to improve their business’ operational efficiencies. Our solutions are easy-to-use and are backed with the highest levels of security and customer support. Since our inception in 2003, PayLease has grown to serve thousands of property management companies nationwide and is among the fastest-growing technology companies in the United States.
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including 80 percent of the Fortune 500. Our people work across more than 20 industry sectors to deliver measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to make their most challenging business decisions with confidence, and help lead the way toward a stronger economy and a healthy society.
Marketing Communications Specialist