Inc. ranked Corcentric No. 3,574 on its annual Inc. 5000 list, a ranking of the fastest-growing private companies in the U.S. The list represents a unique look at the most successful companies within the U.S. economy’s most dynamic segment — its independent businesses.

This marks the 11^th year Corcentric has made the annual Inc. 5000 list, including last year’s ranking of No. 4,105. The recognition comes during a period of sustained growth for the company. supported by the recent acquisition of B2B payments provider Vendorin, a bolstered C-suite to drive global expansion efforts and a more deeply integrated end-to-end suite of source-to-pay and order-to-cash solutions.

“The need for businesses to optimize how they purchase, pay and get paid has only been magnified since the beginning of the pandemic. Corcentric’s recognition on the Inc. 5000 list is a testament to the meaningful outcomes we create for businesses by increasing EBITDA and enhancing working capital,” Doug Clark, founder and CEO of Corcentric, said. “We’re excited to further our growth and innovation in both source-to-pay and order-to-cash, which have created a network effect for our proprietary B2B payments solutions to grow exponentially.”

Corcentric’s technology solutions and advisory services support $320 billion of annual B2B commerce across more than 2,300 customers. At the beginning of the year, the company consolidated Source One, Determine and Netsend under the Corcentric name and announced its largest acquisition, a $100 million purchase of B2B payments provider Vendorin from Juvo Technologies.

Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543% and median revenue reached $11.1 million. Together, the companies added more than 610,000 jobs over the past three years.

“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” Scott Omelianuk, editor-in-chief of Inc., said. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership and the help of a whole lot of people.”