Netchex is honored to announce its inclusion for the third year in a row on the LSU 100 List of fastest-growing businesses owned by former Tigers.
Netchex ranked No. 31 on the 2014 LSU 100 honorees based upon its percentage of growth from 2010-2012. The LSU 100 is hosted by the LSU Stephenson Entrepreneurship Institute (SEI), which is housed in the E. J. Ourso College of Business. The complete list of 2014 honorees is available at www.lsu100.com.
“To make the LSU 100 list three years in a row shows our company’s commitment to growth, success and continued quality,” said Netchex CEO Will Boudreaux. “(Netchex Co-Founder) Stuart and I remain honored to be recognized by the university we love. I thank the Stephenson Entrepreneurship Institute for all that it does to highlight the many great businesses run by LSU alumni and encourage future Tiger leaders.”
Selection for the 2014 LSU 100 is a competitive process, where companies are individually measured on their compounded annual growth rate from 2010 through 2012 by Postlethwaite & Netterville, the independent accounting firm of the LSU 100.
“Netchex is a successful Tiger-led business that we are proud to recognize in the 2014 LSU 100,” said Lisa O’Beirne, Director of Development for SEI. “We look forward to their continued growth and involvement with entrepreneurship programs at LSU.”
Additionally, Netchex met the following requirements for inclusion in the LSU 100:
- Has been in business for five or more years
- Has verifiable revenues of $100,000 for 2009
- Has a former LSU student as owner of at least 50 percent of the company or as chief executive officer, president or managing partner
- Operates in a manner consistent with the missions of LSU and SEI
The Stephenson Entrepreneurship Institute, an integral part of LSU’s E. J. Ourso College of Business, utilizes the Entrepreneurship Fellows Program, LSU Executive Education, Entrepreneurship Bootcamp for Veterans with Disabilities, and the Distinguished Entrepreneur Speaker Series to address the challenges of entrepreneurship and to positively impact students, the regional economy, the state of Louisiana and the nation.
Netchex is one of the fastest-growing Payroll and HR outsourcing firms in the nation offering a cloud-based, single-source solution for businesses to manage their employees.