Toronto, ON (September 14, 2017) — Canadian Business PROFIT today ranked Obero No. 67 on the 29th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.
Obero made the 2017 PROFIT 500 list with five-year revenue growth of 1,022%.
“It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet,” says Deborah Aarts, PROFIT 500 program manager. “This year’s winners demonstrate the resilience, innovation and sheer management smarts it takes to build a thriving business today. Canada – and the world – needs more entrepreneurial success stories like these.”
The new economy is being driven by delivering services to customers under subscription based business models. Obero’s Sales Performance Management solution is purpose built to help innovative, subscription-based businesses take their sales strategies to the next level. Obero helps subscription businesses automate commissions calculations, model and forecast sales plans, effectively manage their sales teams’ territories and quotas and more- all from within one platform.
“We’re honoured to be on the PROFIT 500 ranking,” said Leon Kharkhourin, CEO of Obero. “This achievement reflects the strength of our product and the dedication of our team. We continue to gain market share, as more industry-leading organizations are moving away from legacy solutions that can’t handle the complexity of the subscription economy and are choosing Obero as their Sales Performance Management solution.”
About the PROFIT 500
For 29 years, the PROFIT 500 has been Canada’s most respectable and influential ranking of entrepreneurial achievement. Developed by PROFIT and now published in Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian companies on five-year revenue growth. For more information on the ranking visit PROFIT500.com or CanadianBusiness.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving and most-trusted business publications in the country. It is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com.
Obero is the developer and provider of Obero SPM, a cloud-based Sales Performance Management solution which supports the entire end-to-end sales life cycle. Obero SPM integrates Sales Planning and Forecasting, Incentive Compensation Management and Sales Profitability Management processes in a single unified application that is uniquely positioned for the subscription economy.
Director of Marketing, Obero