CANTON, Ohio, Oct. 04, 2017 (GLOBE NEWSWIRE) -- Patriot Software was singled out as the winner of the Best Overall Technology Success Story at Cascade Capital’s 2017 Business Growth Awards Program. Additionally, Patriot was honored at the event as a 2017 Smart Business Growth Award winner.
As the sole recipient of the Best Overall Technology Success Story, Patriot exemplifies the growth needed to become a leader in a technology-based industry. Patriot has a 2-year compound annual growth rate of 197%, meaning monthly revenue has nearly tripled over the last two years. In 2012, Patriot had 67 employees, and in 2016, the company had grown by 86% to 125 employees. Between 2012 and 2016, Patriot also grew its sales revenue by 24%.
Mike Kappel, Patriot Software’s CEO, said, “We are thrilled to be adding so many high-tech jobs to Northeast Ohio. I think it’s really cool that a Canton, Ohio company is turning out to be THE company that will finally simplify accounting, payroll, and time & attendance for millions of American small business owners. Who knew?!”
Offering affordable, easy-to-use accounting and payroll software, Patriot continues to develop and enhance its products. The company’s recognition is a result of its continued innovation, dedication, and growth.
Mike Kappel was honored at the awards program along with Chief Legal Officer Michael Wheeler and Marketing Manager Michele Bossart. The event was held on October 3, 2017 at the John S. Knight Center in Akron, Ohio.
Forty-four Northeast Ohio companies were honored with Business Growth Awards by Smart Business Journal and Cascade Capital. To be eligible, a business must have had significant growth in sales or employment. One business was awarded the Best Overall Success Story in each of the following divisions: Manufacturing, Technology, Emerging Service, and Established Service.
Patriot Software, located in Canton Ohio, provides award-winning online payroll and accounting software for small businesses. For information on all of Patriot’s products servicing the United States, contact Patriot Software, LLC at 877-968-7147, or visit www.patriotsoftware.com.
Contact: Patriot Software, LLC
Michele Bossart
Marketing Manager
877-968-7147 ext. 182
mbossart@patriotsoftware.com