Varicent Software Incorporated, the leading innovator and provider of incentive compensation and sales performance management (SPM) solutions, announced today that it has ranked 4th in the 23rd annual PROFIT 200 ranking of Canada’s Fastest-Growing Companies by PROFIT Magazine. An extremely rare accomplishment, this announcement marks the second consecutive year that Varicent has appeared in the top 10 on the PROFIT 200.
“It is an honor to once again be featured within the top ten companies in the PROFIT 200,” said Dan Shimmerman, President and CEO, Varicent. “This achievement is a testament to the hard work of a lot of people at Varicent, to the vibrancy of the Sales Performance Management market and to our uncompromising commitment to deliver value to our customers.”
Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the PROFIT 200 profiles the country’s most successful growth companies. Published in the summer issue of PROFIT and online at PROFITguide.com, the PROFIT 200 is Canada’s largest annual celebration of entrepreneurial achievement.
“The PROFIT 200 companies are the innovative, high-growth enterprises Canada needs to compete on the global stage,” said Ian Portsmouth, Editor-in-Chief of PROFIT Magazine. “PROFIT is proud to celebrate their achievements and ambitions, and we encourage all businesses to learn more about the many ways they’ve come so far, so fast.”
Varicent’s Sales Performance Management solutions help organizations increase their sales efficiency and effectiveness by arming them with innovative and strategic tools to manage incentive compensation and sales performance programs. Companies of all sizes realize a return on their investment by saving time, reducing errors and streamlining SPM processes to improve sales performance and drive profitability.